【Block Rhythm】Decentralization Perptual Futures track has new developments.
The Grvt platform, which focuses on perpetual trading, has reopened its GLP liquidity strategy. Interestingly, the last time it was open, it was fully subscribed in less than seven days – the $5 million quota was snatched up.
This time, it is obviously well-prepared: directly expanding the quota to 7.5 million, adding an additional 2.5 million shares. However, the rules have changed; now the allocation is based on your historical trading volume on the platform. Users with high trading volumes can receive more investment shares, which is considered an implicit benefit for long-time users.
The market heat is there, and the return expectations for liquidity providers should be pretty good. After all, a strategy that can make users eager to pour money in indicates some issues.
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PessimisticLayer
· 12-01 06:38
They are playing suckers again, this time just with a different distribution rule.
Last time, 5 million disappeared in a week, now 7.5 million is distributed by volume? To be honest, large investors still make the big bucks.
GLP is just a high-risk, high-reward trick, I think I’ll just observe for now.
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DegenWhisperer
· 12-01 06:38
It's still distributed by volume, and this rat trading benefit can be quite fun to play with.
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ForkTongue
· 12-01 06:37
The 7.5 million quota will be snapped up again, and those with high volume will win effortlessly.
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PortfolioAlert
· 12-01 06:26
Wow, are they coming to grab the quota again? Last time 5 million was gone in seven days, will this 7.5 million go just as fast?
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Allocated by trading volume? Then I, as a small retail investor, will be filtered out again, haha.
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Grvt has quite a strong flavor; old users are indeed favored.
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The liquidity being so hot indicates what? The Money Effect.
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Once the rules change, it feels a bit more genuine; more trading volume means more shares.
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Are we going to rush again? Or should we wait and see if the returns are real?
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How many days can this 7.5 million last... I bet five dollars it will be full within a week.
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They won't pull another full quota shutdown trick, will they...
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Allocated by trading volume? Then I need to hurry up and do some wash trading.
The GLP strategy of Grvt is restarted: a new quota of 7.5 million USD, allocated based on volume.
【Block Rhythm】Decentralization Perptual Futures track has new developments.
The Grvt platform, which focuses on perpetual trading, has reopened its GLP liquidity strategy. Interestingly, the last time it was open, it was fully subscribed in less than seven days – the $5 million quota was snatched up.
This time, it is obviously well-prepared: directly expanding the quota to 7.5 million, adding an additional 2.5 million shares. However, the rules have changed; now the allocation is based on your historical trading volume on the platform. Users with high trading volumes can receive more investment shares, which is considered an implicit benefit for long-time users.
The market heat is there, and the return expectations for liquidity providers should be pretty good. After all, a strategy that can make users eager to pour money in indicates some issues.