Genius, points accumulation system transition and airdrop white paper release

TokenomicsTherapist · 2026-01-21T16:22:15+00:00

The on-chain trading platform Genius has updated its points system significantly, discontinuing dynamic point distribution and introducing a retroactive point system. Additionally, an airdrop whitepaper was released to enhance transparency regarding reward distribution rules and user eligibility, ensuring users' existing points remain intact during the transition.

TokenomicsTherapist

2026-01-21 16:22:15

Abstract generation in progress

On-chain trading platform Genius has implemented a major update to its points system. Operated by YZi Labs, this platform has revamped the points accumulation structure through trading and has released the highly anticipated airdrop whitepaper, demonstrating its commitment to increasing transparency in future reward mechanisms.

Discontinuation of Dynamic Point Distribution and Introduction of Reverse Calculation System

Genius officially announced on January 18th at 8:30 AM(UTC+8) that it will cease the existing dynamic point distribution. This marks a fundamental change to the platform’s points earning mechanism. The new retroactive points issuance system(reverse calculation accumulation) will be officially launched starting from 4:00 PM Eastern Time on January 19th. Detailed system explanations will be disclosed at a later date.

Clarifying Rules with the Airdrop Whitepaper

The whitepaper released by Genius is central to enhancing transparency. It is expected to specify future airdrop distribution rules, accumulation criteria, and user eligibility conditions. The release of this whitepaper reflects an effort to address community questions and build trust.

Protection of Existing Rewards and Transition Schedule

All points already earned through trading will remain in user accounts, with no loss of existing rewards. The platform emphasizes thorough protection of user assets during the system transition. These measures demonstrate Genius’s efforts to redefine the platform with a focus on transparency and trustworthiness.

For reference, YZi Labs previously invested tens of millions of dollars into Genius Trading, and industry leader CZ has joined as an advisor, further supporting the platform’s credibility.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.