The mixed cryptocurrency exchange GRVT has announced an airdrop reward program, which will allocate 10% of GRVT tokens

ChainCatcher news, according to official sources, the hybrid cryptocurrency exchange GRVT has announced an airdrop reward program aimed at enriching the trading experience of the early community through participation rewards. The reward program specifically targets active traders and users who genuinely engage with the platform, prioritizing rewards for actual trading activities, with the goal of encouraging users to use the platform more meaningfully rather than merely compensating inactive participants.

It is reported that the airdrop reward program will allocate 10% of the total GRVT token supply, distributed over two quarters within the first 18 months. Additionally, each participant will receive a zkSync mystery box. In the first quarter, rewards will focus on contributions to community building, allocating 3% of the total GRVT tokens, and users can earn GRVT points in three different phases. The distribution of token rewards will be based on the relative points accumulated by users during these phases. This system ensures that users' active participation and contributions are fairly rewarded in the overall distribution of GRVT tokens. The reward system for the first season includes three phases: early ambassador invitation points (October 2023, completed); a limited invitation points mechanism (December 7 until mainnet launch)* with the expected mainnet launch date in April 2024; ecosystem trading points (from mainnet launch to 9 months post-launch). In the second phase, the more trades invited users make, the more points users will earn.

In the second quarter, the airdrop rewards will primarily focus on trading rewards, allocating a total of 7% of GRVT tokens. Additionally, regarding the zkSync mystery box, it will be awarded based on the overall activity of users, with boxes of varying rarity. More details will be disclosed later.