Original | Odaily Planet Daily (@OdailyChina)
Author | Asher (@Asher_ 0210)
Yesterday, Genius, a DEX that has been highly discussed recently, announced new point rules on platform X: Season 1 will end on April 12, with an additional 50% airdrop quota.
Notably, the Genius team stated that the GP points earned from trading volume have been retained. Congratulations to those who participated early through the point-earning guide shared by Odaily Planet Daily (click here to jump to the article: YZi Labs Invests Tens of Millions, CZ as Advisor—How to Earn Genius Points?). These users may have already "made a fortune" in GP points (platform website: https://www.tradegenius.com/).
Early users "aggressively" traded to earn massive GP points from volume
Below, Odaily Planet Daily explains Genius's new GP point rules to help users better participate in platform interactions and earn GP points.
Season 1 Total of 200 Million GP Points, 125 Million GP Points Still to Be Distributed
The community had many questions about GP point distribution. This time, the official emphasized that Season 1 has a total of 200 million GP points, with no additional issuance. The specific distribution is as follows:
- 75 million GP points have been distributed, which are the trading points earned by users before the platform updated the whitepaper. GP points from referral rewards have been reclaimed;
- 125 million GP points are still to be distributed, including 5 million GP points from the wheel-of-fortune reward. Referral reward points and trading task points have been canceled.
The remaining 125 million GP points will be distributed starting at 5:00 AM UTC+8 today (January 20), with 10 million GP points distributed every weekend. Additionally, points are allocated using a weighted distribution to ensure that whale traders do not monopolize all GP releases, allowing smaller traders to also receive GP allocations.
Notably, the trading volume weight for stablecoin USDT to USDC conversions has been adjusted to 0.5x, while the weight for other spot trading volumes remains 1.0x.
Other Changes in the New Rules
As explained by the team members in the official Telegram, on one hand, all previous GP task points (trading tasks + referral tasks) have been cleared; on the other hand, under the new rules, GP points can only be earned through spot trading volume.
Official explanation of the new rules
New Trading Tiers
The new trading tier divisions and fee discounts are as follows:
- Level 1—Smart: Cumulative trading volume of $100,000, trading fee 0.3%;
- Level 2—Ultra Genius: Cumulative trading volume of $1 million, trading fee 0.2%;
- Level 3—Mastermind: Cumulative trading volume of $10 million, trading fee 0.1%;
- Level 4—Mogger Genius: Cumulative trading volume of $100 million, trading fee 0.05%.
The current zero-fee trading promotion's end date has not been announced.
Referral Rewards
Referring friends for trading no longer earns GP points, but after the zero-fee promotion ends, users can earn a 35% commission from the trading fees of invited friends.
For example, if an invited user's trading fee tier is 0.2%, the rebate earned would be 0.07% (35% * 0.2%).
GENIUS Token to Be Created Before April 12, 2026
According to the documentation, the GENIUS token will be created before the end of Season 1. Therefore, TGE will occur randomly between now and April 12.
Platform Has Many Bugs, But Strong Funding Background and Confirmed TGE Make It Worth Attention
Since its launch a few days ago, Genius has been overloaded due to a large influx of studios, resulting in frequent bugs. Although the team has been working to resolve issues, some functions still have problems and cannot fully satisfy users. As of now, referral points and trading tasks have not been fully removed, and the wheel-of-fortune reward is still under maintenance.
With the new rules update, TGE will occur before April 12, significantly increasing the certainty of earning from Genius. With only 200 million GP points distributed before TGE, GP points will be particularly "valuable," and the cost of earning them will only increase. KOL Nathan stated, "With tens of millions in investment, the FDV should be around $300–500 million. Congratulations to those who got on board early, earning 37.5% of the total airdrop in just 3 days." Based on the data below, with a $300 million FDV and a 10% airdrop allocation, each point would be worth $0.15.
Genius Point Value Estimation
Perhaps it is still worth interacting now, while trading fees are still zero and the new rules have just been launched.
