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Big Congrats to us once again, $GRVT is about to go full speed into its Token Generation Event.
The GRVT team really delivered over the past months.
- Raised $19M in a Series A co-led by zkSync Foundation, Further Ventures, EigenCloud and 500 Global
- Built a hybrid exchange (HEX) that offers CEX-grade speed and liquidity with full DEX self-custody.
- Reached $393B+ in cumulative trading volume, all while still pre-token
- Grew TVL by 847% in Season 2 points campaign - from $11M to $107M
- Reached 42x increase on Open interest - from $11.6M to $484M
- Announced the $GRVT token to be launched at the end of June.
- Makes the token total supply 1 Billion with no inflation. Allocates 28% for the community and gives 18% to the Season two participants through trading volume, open interest, TVL and referrals (still running till June 30)
- Built $GRVT to be a membership key across the whole platform: better trading fees, priority access to vaults, boosted yields.
- Further built the token design so that platform revenue funds systematic $GRVT buyback which makes value flow back to holders instead of leaking out.
- Plans the @grvt_io listing on GRVT Spot at launch as well as on other Tier-1 CEXs
As a contributor, I like how GRVT hasn't been the usual - launch a token then promise a product - kind of project.
They've delivered a working product which people ( I ) actually use and now it's time to expand the ecosystem.
I've been talking about GRVT for a while and locked up over $10,000 USD in the GLP pool ( proof in image ), so I'm quite positioned for TGE.
I hope you took action as well? 👀