anymose|Mar 24, 2026 05:10
Front foot supports Chinese top KOL Hong Kong mountain climbing, rear foot modifies vault rules
GRVT has modified the 11% APY rule to "require a trading volume of $5M" to enjoy, which means trading volume is exchanged for additional income. Now it is causing a delay in withdrawals, and some people are spreading a ban on withdrawals, leading to increased panic.
I asked the Asian manager and they said that only some of the cross chain bridge issues are being resolved, emphasizing that the company's financial health is good and there is no need to worry.
Trading volume for additional APY rules is not a problem, but modifying them at this time is a bit too sensitive. Backpack has almost left the Chinese language+apps in ruins and on edge, and GRVT's operation clearly did not assess market sentiment in advance.
I hope this matter can be resolved satisfactorily. If there are any issues with withdrawal, you can switch to a non EVM chain, pay a handling fee, or continue to follow official updates.
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