[Block Rhythm] On December 1, news came that the decentralized perpetual futures platform Grvt has made a big move.
Their liquidity provider strategy has reopened. What does this mean? Last time it opened for less than a week, and the $5 million quota was snatched up. This time, they've learned their lesson and raised the limit to $7.5 million, adding an extra $2.5 million of space.
However, this time it's not as simple as first come, first served. The officials have added a new rule - the allocation of quotas is based on your historical trading volume. Long-time users finally have some privileges, and it seems the platform is also trying to find a way to balance the interests of both new and old users.
With such strong market demand, the recent adjustment of Grvt can be seen as a move with the trend.
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0xSherlock
· 17h ago
7.5 million still depends on the volume, this time it's not so easy to exploit the loophole.
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Blockblind
· 17h ago
Are you coming to grab the quota again? Last time, 5 million was gone in a week, and this time, 7.5 million still has to rely on volume to queue up. It feels like you need a bit of history to get a piece of the pie.
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RektCoaster
· 17h ago
Damn, 7.5 million is still not enough to grab it. Last time, 5 million was gone in a week. This time, I'm afraid I'll have to add more.
Grvt Liquidity strategy restart: After seizing 5 million in a week, this time it will be directly expanded to 7.5 million.
[Block Rhythm] On December 1, news came that the decentralized perpetual futures platform Grvt has made a big move.
Their liquidity provider strategy has reopened. What does this mean? Last time it opened for less than a week, and the $5 million quota was snatched up. This time, they've learned their lesson and raised the limit to $7.5 million, adding an extra $2.5 million of space.
However, this time it's not as simple as first come, first served. The officials have added a new rule - the allocation of quotas is based on your historical trading volume. Long-time users finally have some privileges, and it seems the platform is also trying to find a way to balance the interests of both new and old users.
With such strong market demand, the recent adjustment of Grvt can be seen as a move with the trend.