WEMIX

WEMIX.Fi is a secure and transparent decentralized finance (DeFi) service based on the WEMIX3.0 blockchain. It offers various staking (WONDER, DIOS, and LIQUID) services, as well as Pool and Lend &amp; Borrow services.The current liquidity provision method involves supplying liquidity across the full range and distributing fees based on the overall pool share. To enhance the efficiency of our services, we are set to launch the concentrated range deposit service on November 8th, 2023.The concentrated range deposit service focuses on providing liquidity within specific active trading ranges. It also offers the flexibility for users to choose their fees, thereby optimizing operational efficiency and increasing profitability. This service is designed to reduce slippage and lower transaction costs, creating a more efficient trading environment.[What is slippage?] • Slippage is the difference between the market price and the actual executed transaction when buying or selling assets.[What is the concentrated range deposit?] • Concentrated range deposit is a liquidity provisioning method where liquidity providers deposit their assets into predefined exchange rate ranges. • Concentrated range deposit service allows depositors to selectively supply liquidity to exchange rate ranges with active trading, offering a more efficient way to increase profit potentially than the full range deposit service. ※ Please note that if trading occurs outside the range where liquidity is provided, profits may not arise, so caution is advised.[How concentrated range deposit works] 1. Go to the WEMIX.Fi Pool page. 2. Select the “Concentrated Range” deposit tab from the list of available assets for deposit. 3. Set the deposit range. 4. Set the area within the deposit range. 5. Set the deposit range fees. 6. Enter the deposit amount. 7. Complete the deposit process. ※ Please note that there are no additional fees except gas fees when making a deposit.[URL Link] &gt; WEMIX.Fi Pool: <a href="https://wemix.fi/pool" rel="noopener noreferrer nofollow">https://wemix.fi/pool</a>Thank you.Official WEMIX site announcement: <a href="https://www.wemix.com/communication/44248c52-b533-4114-a4c8-f2fd4a1a01ac" rel="noopener noreferrer nofollow">https://www.wemix.com/communication/44248c52-b533-4114-a4c8-f2fd4a1a01ac</a>WEMIX Community: ● WEMIX Official Webpage: <a href="https://www.wemix.com/communication" rel="noopener noreferrer nofollow">wemix.com</a> ● Medium: <a href="https://medium.com/wemix-communication" rel="noopener noreferrer nofollow">WEMIX Communication</a> | <a href="https://medium.com/wemix-play" rel="noopener noreferrer nofollow">WEMIX PLAY</a> | <a href="https://medium.com/nile-official" rel="noopener noreferrer nofollow">NILE</a> ● WEMIX Channels: <a href="https://twitter.com/WemixNetwork" rel="noopener noreferrer nofollow">Twitter</a> | <a href="https://www.facebook.com/WEMIXBlockchain" rel="noopener noreferrer nofollow">Facebook(WEMIX Platform)</a> | <a href="https://www.facebook.com/WEMIXGames" rel="noopener noreferrer nofollow">Facebook(WEMIX Games)</a> | <a href="https://t.me/WEMIX_ANNouncement" rel="noopener noreferrer nofollow">Telegram</a> | <a href="https://www.reddit.com/user/WemixNetwork" rel="noopener noreferrer nofollow">Reddit</a>

WEMIX.Fi unveils the “Concentrated Range” deposit service

WEMIX

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