GRVT, a hybrid exchange that combines CeFi and DeFi, launched its mainnet to the public last week. As a part of the launch, the platform offers various exclusive reward programs for all the participants.
This article will provide the complete details of GRVT’s airdrop event, covering its eligibility, key dates, and the claiming process. We will also check whether GRVT is a genuine platform or not. Let’s begin.
What is GRVT?
GRVT is a hybrid exchange that combines the features of centralized and decentralized finance (DeFi). It is built on ZKsync and uses a valium ZK Chain that is part of ZKsync’s Elastic Network. Hong Yea, a Hong Kong-based entrepreneur, is the CEO and co-founder.
What are the Airdrop Programs of GRVT?
The major reward programs are for long-term users, in which the ecosystem builders, traders, and liquidity providers can partake. Other campaigns include short giveaways and social media contests. Let’s check each in detail.
- Primary Airdrop: To acknowledge the early community upon mainnet launch, GRVT will be rewarding those who stay in the exchange for the long term. Organized over two seasons with 18 months of duration, 10% of the total GVRT token supply will be distributed to all the eligible participants. Users can partake by involving in trading, providing liquidity, inviting friends, and making additional contributions.
- Mystery Box: Active traders will receive a mystery box based on their overall activity in the ecosystem. The prizes will be unique and valuable. You should do as much activity as possible because the boxes will be unveiled in January itself.
- Giveaway: As a part of Christmas celebrations and the New Year, GRVT is giving away 5,000 ecosystem points to 5 lucky winners. To become eligible, users should follow GRVT’s official X (Twitter) account and share its pinned tweet by tagging 3 friends. Started on Christmas Eve, this competition will end on December 30th, 2024.
Eligibility Criteria For the Airdrop
All the users should complete KYC (Know Your Customer) to become eligible for the airdrop. You should get an invite code to enter the platform. Also, GRVT doesn’t allow sign-ups from countries where crypto trading is illegal. The age limit is at least 18 years old.
Is This Airdrop Free?
Signing up to the GRVT platform is free. However, the users should trade or partake as a liquidity provider, and the airdrop allocation is based on the amount you invested for the total process. So, the GRVT airdrop is not 100% free.
How to Partake in the GRVT Airdrop?
To participate in the airdrop you should create an account and verify the KYC first. Then join your desired airdrop provided above and start completing the tasks. Here is a detailed guide:
- Create an Account: Visit the official website of GRVT and click on “Sign Up”. Choose your account type from “Personal” and “Business”. Enter your email ID and referral code (optional). Or you can sign up with Google or Microsoft accounts.
- Verify KYC: After signing up, complete your profile details and verify your email. Click “KYC” and upload your photo and an identity card. Wait for an employee from GRVT to manually verify your identity. After verification (probably within 10 minutes) you can start trading.
- Complete Tasks: Check the procedures for each airdrop task provided above and start completing them. Don’t forget to invite more users to the platform through your referral code to increase your chances of winning.
GRVT Airdrop Launch Date & End Date
The main airdrop is live, and it will be conducted in different phases for 18 months. The mystery box event will end before the last week of January and the giveaways will be concluded on December 30th, 2024. You can follow GRVT’s official social media profiles to get key dates of the main airdrop.
Final Thoughts: Is This a Trustable Airdrop?
GRVT attracted more than 30,000 KYC-verified traders on its first mainnet day, resulting in 15 million dollars of trading volume in the first hour of its launch. It also has a Class M Digital Asset Business License obtained from the Bermuda Monetary Authority (BMA). The platform seems like a trustable venture. However, do your research to verify.
You can read GRVT’s whitepaper, docs, and blogs to know more about the platform. Also, look for its reviews from existing traders. Always DYOR! Finally, browse our websites for more exciting airdrop guides.
