Early Trading Made a Fortune? A Comprehensive Guide to Genius's New Rules
**Title: Early Traders Made Huge Gains? Understanding Genius' New Rules**
Genius, a highly discussed DEX, announced new GP points rules for its Season 1, ending April 12, with a 50% increase in airdrop allocation. The team confirmed that GP points earned from early trading volume remain valid, benefiting users who followed initial interaction guides.
Key updates:
- Total S1 GP points are fixed at 200 million, with 75 million already distributed from pre-whitepaper trading. The remaining 125 million will be distributed weekly starting January 20, at 10 million GP per week.
- Distribution is weighted to prevent whales from dominating, allowing smaller traders to earn points.
- Stablecoin swaps (e.g., USDT/USDC) now have a 0.5x weight; other spot trades retain 1.0x.
- Previous task-based and referral GP rewards were removed. Now, points are earned solely via spot trading volume.
- New trading tiers introduce fee discounts based on cumulative trading volume, though zero-fee trading remains active indefinitely.
- Referrals now offer 35% commission on invitees’ trading fees post-zero-fee campaign.
- The GENIUS token will be created before April 12, 2026, with a TGE expected randomly before then.
Despite platform bugs from high traffic, Genius’ strong backing (including investment from YZi Labs and CZ as advisor) and confirmed TGE make it noteworthy. With a potential $300M FDV and 10% airdrop, each GP point could be worth ~$0.15. Early participants may have profitable opportunities, especially during the ongoing zero-fee period.
Odaily星球日报01/20 01:49
