TraderS | 缺德道人|Mar 25, 2026 08:28
Speaking of which, there has been a sudden increase in discussions about @ grvt_io @ Grvt_zh in the community these days, but the controversy seems to have passed yesterday
First, Trump worked too hard in Iran, and everyone's attention was drawn away; Secondly, I am still busy frantically copying gold and silver; Sanlai also wants the bullet to fly for a while - fake cannot be fake, real cannot be fake.
Actually, before participating in this mountain climbing activity, I didn't know much about GRVT (I don't usually play on the track). As soon as I finished climbing the mountain, the public opinion exploded, which made me look at this project with new eyes: it looked ordinary, yet surprisingly influential.
More importantly, I just had a face-to-face conversation with their boss @ hong_grvt a few days ago about life planning From common sense deduction, even if we really have to run away, it's impossible to just finish chatting yesterday and leave today, right?
So I didn't panic at all, and slowly sorted out the situation within the team and the external community:
1. Event trigger point
GRVT has adjusted the Earn on Equity rule, which originally had no threshold of 11% APY. Now, a certain amount of trading volume needs to be bound to receive the highest reward (base rate+trading volume bonus+referral reward). This directly caused some pure wealth management users to collectively withdraw coins and "run away", forming a brief run on the market.
The change was indeed a bit sudden, and the lack of sufficient advance notice was a flaw. However, from the perspective of operational logic, given the current poor market conditions, it is reasonable to reduce profitability and allocate resources to real active users.
2. Reason for delay:
GRVT uses multi chain bridge partners http://Rhino.fi Handle most cross chain withdrawals/deposits. The trading activity suddenly surged, exceeding Rhino's available liquidity on various chains, and GRVT on chain settlement itself takes about 4 hours (funds are finally confirmed on chain). As a result, Rhino temporarily limited flow and rebalanced liquidity, causing delays in some chain withdrawals (BSC and other display maintenance may be slow). Many people in the cryptocurrency industry are now running to copy gold, silver, and oil stocks, and it is normal for liquidity to be poor.
3. Key facts:
GRVT has two official bridges:
Rhino multi chain bridge → This time there is a problem (temporary).
Native Ethereum L1 Bridge → The entire process is normal, with no delay or amount limit, and there is no need to worry. Funds are settled directly on the chain.
4. Poor BP airdrop results in community concerns about similar competitors
5. Is GRVT's funding secure or not?
The funds are locked in the ZK contract of zkSync Validium/Hyperchain, and GRVT itself cannot misappropriate them - if they want to do evil by forging ZK proofs, Ethereum mainnet validators cannot recognize them, which is almost impossible in cryptography.
I hereby declare that I have not received any payment for writing this post. Not only has it been confiscated, but climbing a mountain has also made my waist and legs sore. I have undergone two rounds of traditional Chinese medicine massage, but it still hasn't healed. My face, neck, and arms have all been sunburned and my skin will have to recover for at least two weeks , It's really a big loss.
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