Gate.io is going to commence Project SEED（SHILL） trading on Nov 9th, 2021 11:00AM UTC.

About Project SEED:

Project SEED is one of the first mobile focused gaming ecosystems that integrates Multi Blockchain and includes Game Studio, GameFi, and NFT Marketplace.

SHILL token is the native currency used in Project SEED ecosystem for payment method (game asset trading), store of values (staking) and standard of deferred payment (rental payment). SHILL is a multichain token (BSC, SLP and ERC). While O2 token is Outland Odyssey gameplay token (generated on BEP20) as an engine for game activities including item enhancing, minting and rewarding.

Project SEED is a group of 50 strong entrepreneurs, designers, artists, and developers with rich experience in art, design, and game development in popular titles such as Call of Duty, Street Fighter, Final Fantasy, Tekken, Marvel Vs Capcom, Soul Calibur, Dreamworks. We have a strong passion for revolutionizing the gaming industry by blockchain.

Token symbol：SHILL

Token Contract:

Website：https://projectseed.io/

Project SEED（SHILL）/USDT Trading starts: Nov.9th, 2021 11:00AM UTC.

Deposit Project SEED（SHILL）at https://www.gate.io/myaccount/deposit/SHILL

Trade Project SEED（SHILL） in USDT market via: https://www.gate.io/trade/SHILL_USDT

Gate will open an Automated Market Maker (AMM ) for SHILL, and launch an AMM "liquidity-mining" rewards. Users who provide market liquidity by inserting liqudity in will get rewards from liquidity pool transaction fee and GT token rewards from liquidity reward pool. High annual rate rewards with secure.

AMM Trading Market and AMM Liquidity Mining

Gate.io has launched a new version of the liquidity pool (centralized automatic market maker (AMM) transaction service) on August 1st, 2021: allowing most of the new currency and non-mainstream currency markets to obtain the same liquidity advantage as Uniswap, and allows users to enjoy the low-cost and high-quality user experience of the centralized platform. Gate.io will continue to add different currencies, please pay close attention to follow-up announcements.

The rules for markets to upgrade to the Automated Market Maker (AMM) model are as follows:

1) Fixed 0.3% commission fee for both Taker and Maker (temporarily consistent with Uniswap, subject to the needs of both market parties)

2) A fixed percentage (such as 50%) of the transaction fee will automatically be changed into GT through the open market and put into the AMM Reward Pool.

3) Anyone can become a liquidity provider (LP) and get the transaction fee rewards from the liquidity pool and the GT rewards that are invested in the liquidity bonus pool.

4) Liquidity providers provide liquidity to the market, but they need to bear in mind the risk of impermanent losses. For example, if the market price doubles, the impermanence loss is about 7%, and if the market price drops back to the original point, the impermanence loss disappears.

5) Liquidity providers can take bonus and withdraw at any time

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Gate.io Team

Nov 9, 2021