Season 1

Season 1: Ecosystem Reward - The Game Begins In the first season, we focus on rewarding the contributions made towards community building.

  • Token Allocation: 3% of total GRVT tokens.

  • Duration: Starting from December 7th and spanning 9 months post-mainnet launch.

  • Who Can Join? Every individual trader out there - this is your time to shine!

  • How to Earn: You can earn GRVT points across three distinct phases. The allocation of token rewards will be based on the relative points you accumulate throughout these phases. This system ensures that your active participation and contributions are fairly rewarded in the overall distribution of GRVT tokens.

The Three Phases of Rewards in Season 1

Phase 0: Early Ambassador Invite Points (October 2023, Completed)

  • Activity: Inviting friends to become early ambassadors of GRVT.

  • Point Allocation:

    • 2 points for each direct invite.

    • 1 point for each indirect invite.

    • 2 points for accepting an invite and joining.

Phase 1: Limited Waitlist Invite Points (December 7th to Mainnet Launch) *Expected mainnet launch date April 2024

  • Activity: Use your unique invite code to invite active traders.

  • Point Allocation:

    • 10 points for each direct invite.

    • 2 points for each indirect invite.

    • 10 points for being invited.

  • Referral Quota and Renewal: Once you utilize all your allocated invite codes in a week, you'll be issued a new set of limited invite codes the following week.

    • Over 7 direct invites in Phase 0: 10 weekly invite quotas.

    • 7 or fewer direct invites in Phase 0: 2 weekly invite quotas.

    • New participants: 2 weekly invite quotas.

Phase 2: Ecosystem Trading Points (Mainnet Launch to 9 months Post-Launch)

In the second season, we reward traders who boost liquidity and stay active on our platform. We offer more points for trading to encourage participation and recognize their essential role in our ecosystem.

  • Activity: Earn points based on your invitees' trading activity.

  • Pro Tip: This is your golden phase for earning points. Active trading by your direct and indirect invites is key.

  • Point Allocation:

    • Activity Points:

      • 100 points for each direct invite from Phase 1 who passes KYC and trades $2,000 in the first 3 months.

      • 10 points for each indirect invite who does the same.

    • Trading Points:

      • 1 point for every dollar traded by a Phase 1 direct invite.

      • 1 point for every $10 traded by a Phase 1 indirect invite.

Why Phase 2 Matters Most

  • Phase 2 is the heart of our reward program. The more your invitees trade, the more points you accumulate. So, focus on inviting active traders - inactive ones won’t contribute much to your score.

How Points and Rewards Work

  • Collect Points: Across all phases, with a special focus on trading activity in Phase 2.

  • Direct vs. Indirect Invites: Different points for different types of invites. Strategy is key!

  • Distribution of Tokens: Begins 3 months after the mainnet launch, distributing the first batch of rewards, and monthly distributions over the following 6 months based on your monthly ecosystem point rankings.

Remember: Quality over quantity! Inviting genuine, active traders is your key to success. Avoid the pitfall of inviting fake accounts, as they won’t help you score those valuable points.

Join us in this thrilling journey, rack up those points, and let the mystery and rewards unfold.

🚀 Ready to embark on your GRVT journey? Let the trading and inviting begin! 🚀

Disclaimer

DON'T INVEST UNLESS YOU ARE PREPARED TO LOSE ALL THE MONEY YOU INVEST. THIS IS A HIGH-RISK INVESTMENT AND YOU SHOULD NOT EXPECT TO BE PROTECTED IF SOMETHING GOES WRONG. PLEASE READ CAREFULLY AND UNDERSTAND THE FOLLOWING RISK DISCLOSURE AND DISCLAIMERS BEFORE YOU PROCEED. YOU ARE WARNED THAT the information provided herein should not be construed as a distribution, an offer to sell, a solicitation, an inducement or an incentive to buy any products or services in any jurisdiction where such activities would be regulated or unlawful under the laws of such jurisdiction (including, without limitation, United States of America including all U.S.A. territories like Puerto Rico, American Samoa, Guam, Northern Mariana Island, and the US Virgin Islands (St. Croix, St. John and St. Thomas), Canada, People’s Republic of China, Hong Kong, The United Kingdom (for retail only)). It is the responsibility of any persons who access the information herein to observe all applicable laws and regulations of their relevant jurisdiction. By proceeding, you represent and warrant that all the applicable laws and regulations of your jurisdiction allow you to access and act upon the information. GRVT Markets Limited, its subsidiary and related companies, together with their officers, directors, employees, agents and representatives (the “GRVT”) expressly disclaim all and any responsibility if you access the information herein may not be available or appropriate for use in all jurisdictions or countries, or by all customers or counterparties. GRVT do not represent or warrant that any information displayed herein is available or suitable for any particular user. You will be required to satisfy all know-your-customer and onboarding checks required by GRVT before receiving any reward under this program. If you are residing in any jurisdictions banned by GRVT which include, without limitation, United States of America including all U.S.A. territories like Puerto Rico, American Samoa, Guam, Northern Mariana Island, and the US Virgin Islands (St. Croix, St. John and St. Thomas), Canada, People’s Republic of China, Hong Kong, The United Kingdom (for retail only), you will not be eligible for any reward notwithstanding your participation this program. GRVT shall have the sole and absolute discretion in determining and resolving any matter in connection with the program, including, without limitation, your participation in the program, your eligibility of reward under the program and the duration of the program; and all determinations and resolutions by GRVT shall be final, binding on you and not subject to appeal. Notwithstanding anything to the contrary and to the maximum extent permitted under applicable laws, you hereby acknowledge and agree that GRVT shall not be responsible or liable for any expense, loss, damage, liability or other consequences, whether direct, indirect, special or consequential (“Losses”), suffered or incurred by any parties (including you) in connection with accessing, using and/ or exploiting the information herein, participation in the program or failure in receiving any and all reward under the program, including without limitation any Losses arising in any way out of or in connection with the application of any and all applicable laws, statutes and regulations, and any and all directives, notices, guidelines codes, practice notes, circulars, policy statements, rules, ordinances, orders, requests, requirements, judgements, decrees or writs (in each case whether or not having the force of law) of any governmental, regulatory or judicial body or agency having jurisdiction over GRVT or any of the subject matters of this promotion/ content, including, without limitation, requirements or restrictions pertaining to financial or payment services licensing, dealing in cryptocurrencies, digital tokens, other digital assets and / or financial, investment or payment products or instruments, financial advisory services, solicitation, marketing, advertising and/or communications.

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