GMMC Market Maker Program - Updates to Trading Pairs and Interest-Free Line of Credit Rules
작성자 게이트아이오
조회수 23
작성일 23.11.08 16:58
[//]:content-type-MARKDOWN-DONOT-DELETE
Dear GMMC Market Makers,
We have made a series of significant updates to the GMMC Market Maker Program to provide you with more attractive interest-free line of credit and to adjust the trading pairs for better alignment with market conditions. The specific updates are as follows:
### I. Trading Pairs Modifications
We have adjusted the evaluation rules and the list of trading pairs for the GMMC Market Maker Program, effective from November 13th. Below is the updated list of trading pairs:
| | **Spot: /USDT** | **USDT-M Perpetual Futures** |
| --- | --- | --- |
| Tier 1 | BCH, BNB, XMR, LTC, BSV, SOL, ETC, INJ, AVAX, LINK | LINK, AVAX,INJ, ETC, SOL, COMP, BSV, LTC, AAVE, TRB,BNB, BCH, MKR |
| Tier 2 | APT, GAS, CYBER, ORDI, DOT, UNI, GNS, ICP, FIL, QTUM, WBIRD, RNDR, DYDX, TOMI, WLD, LQTY, NEAR, OP, APE, FTT, WEMIX, ARB, MATIC, EOS, STX, XRP, MAGIC, HIFI, FLOW, CRV, SUI, LUNA, OCEAN, FLUX, FET, SYN, ADA, BLUR, ONG, YGG, ID, FTM, AGIX, POLYX, OAX, CFX, DODO, LOOM, SEI, VGX, TRX, ATOM | UNFI, GAS, APT, LPT, CYBER, AXS, ORDI, DOT, UNI, OG, FIL, QTUM, MASK, RUNE, RNDR, SNX, DYDX, WLD, TOMO,LQTY, NEAR, OP, API3, APE, FTT, WEMIX, SUSHI, ARB, ARK, AGLD, STRAX, KNC, IMX, MATIC, EOS, XRP, HIFI, BNT, CRV, SUI, LUNA, STORJ, FET, FRONT, ADA, BLUR, BLZ, YGG, ID, FTM, GMT, C98, CFX, BIGTIME, BAKE, DODO, VGX, RIF, OGN, LOOM, SEI, ATOM |
| Tier 3 | NOM, DOGE, ASTR, HBAR, XDC, KAS, JST, SRM, BDX, XRD, CSPR, NADA, STORE, EVER, GALA, GFT, GETA, GST, FLR, SUN, VRA, FITFI, ASTRA, JASMY, SLP, SQUAD, RACA, POGAI, LUNC, FLOKI, AXL, SHIB, STARL, PEPE, BTT, LADYS | FLM, DOGE, KAS, VMPX, SRM, ORBS, GALA, GFT, LINA, PEOPLE, VRA, JASMY, ASTRA, SLP, POGAI, TURBO, LUNC, FLOKI, SHIB, PEPE, BONK, PEPE2, LADYS |
Your Key Account Manager will provide you with the detailed doc to ensure that you have a comprehensive understanding of these changes. Please be sure to check it.
Please note that for the month of November, the GMMC Market Maker Program 's quoting evaluation will be based on a combined score: one from the previous trading pair list used from November 1st to November 12th, and the other from the new trading pair list effective from November 13th to November 30th.
### II. Adjustments to Interest-Free Line of Credit Reward Rules
The updated criteria for obtaining Interest-Free Line of Credit limits are now more transparent. For market makers ranking in the top 10 in spot or futures order scoring, the following interest-free credit limits will be awarded:
| **Spot or Futures Quoting Ranking** | **Interest-Free Line of Credit Limit($)** |
| --- | --- |
| 1st |1,000,000|
| 2nd | 500,000 |
|3rd | 250,000|
|4th-10th | 100,000 each |
Additional Information:
1.The Interest-free line of credit is available for major cryptocurrencies and operates on a 1:1 collateral loan model. Please ensure you have sufficient collateral assets.
2.Continuous Assessment: After receiving Interest-Free Line of Credit limits, we will conduct ongoing monthly assessments to ensure that you remain in the top 10 and continue to receive the Interest-Free Line of Credit benefit in the following month. If you fail to meet this standard, the Interest-Free Line of Credit will be canceled and converted to regular loan terms.
3.The deadline for the event will be notified separately.
4.Please comply with institutional loan risk management rules. For specific details, please refer to the following link:
Institutional Loan Risk Management Rules
Introduction to Institutional Loan
Note:
1.If you have any questions, please feel free to contact your Key Account Manager or reach out via email at mm@gate.io. You can also connect with us on Telegram at @KA_EMEA and @KA_APAC.
2.Gate.io reserves the final interpretation rights for this event.
We deeply value your ongoing participation and support in the GMMC Market Maker Program and are excited to see the successes we can achieve together with this new interest-free loan incentive.
We invite trading teams not yet part of the GMMC Market Maker Program to reach out to your Key Account Manager and seize this opportunity to benefit from the most competitive maker rebates in the market!
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Gate.io Team
November 8th, 2023
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