Grvt Eases KYC Requirements and Offers $50,000 Reward to First 600 Users, TGE Planned for Q1 2026

BlockBeats News, August 29: Based on feedback from some users, the decentralized trading platform Grvt has eased and improved the identity verification experience for new user registration. The platform is simultaneously launching a $50,000 reward program for new users. As the industry's first on-chain trading platform to offer retail investors a -0.01% maker rebate (negative fees), Grvt allows users to not only enjoy lower costs during transactions but also earn additional rewards through market-making activities. The platform is built on ZKsync, emphasizing privacy and compliance, and is supported by liquidity providers including Ampersan, Selini, and QCP. Reportedly, its token TGE is planned to launch in the first quarter of 2026, with 20% of the tokens allocated to the community. Meanwhile, the platform's Rewards 1.0 incentive program will end in September, and early users' earnings will be locked. This signifies that the current period is the last window to participate in mining and earn rewards.