Dear CoinEx users,
In order to enhance the management of CoinEx Automated Market Making (AMM), we will implement the following adjustment to the rules:
Before adjustment:
User can add market-making asset twice a day for each market that has enabled AMM.
After adjustment:
For each market that has enabled AMM, user can add market-making asset without any limit. However, the withdrawal of market-making asset is unavailable within 24 hours after every asset increase.
Start time:
10:30 March 19, 2021 (UTC)
For more AMM info, please refer to:
· What is Automated Market Making (AMM)
· How to Add Liquidity?
· How to Remove Liquidity?
· How to Check AMM Records?
Risk Warning
The assets in the Market Making Account will be injected Into the liquidity pool for automated market making. When the price fluctuates, there will be impermanent losses, and the amount of the two assets will change when the liquidity is removed. More details about impermanent losses.