Trade on Vertex and Earn $VRTX

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1/ Trade on Vertex, Earn $VRTX. The word is out: Vertex’s Initial Token Phase is getting spicy 🌶️ Lowest fees. Extreme speed. All while getting rewarded for trading. Do you like money, anon? If so, this thread is for you 🧵

2/ The $VRTX Trade & Earn program is designed to align long term users and the growth of the protocol. Learn more about Vertex’s juicy tokenomics: vertex-protocol.gitbook.io/docs/community-token-and-dao/vrtx-token-supply-distribution

3/ Token Rewards will be distributed over 2 phases: Initial token phase: ➡️ 9% of tokens rewarded over ~6 months leading up to the TGE Emissions phase: ➡️ 37% of tokens distributed over 6 years

4/ The Initial Token phase is LIVE with the primary objective of attracting deep liquidity and building an early community of stakeholders. 9% of total $VRTX Supply Epochs = 6 total, 28 days each maker/taker split = 50/50 Putting $VRTX into the wallets of early/active= win-win.

5/ How to earn $VRTX? Both phases will reward traders proportionally for their activity on Vertex. Specifically, trading fees. 👉 Every fee you pay = more $VRTX

6/ Checking yo rewards 💸 To monitor your rewards, visit the "Rewards" page on our App. Where you will find: - Total $VRTX earned - Estimated amount of $VRTX for current epoch - Your trading fees

7/ Fees on Vertex are low. Like really low. Stay tuned for a comparison next week 👀 In fact, you ONLY pay fees on taker orders. This means fee paying taker orders = Earning $VRTX

8/ What about other activities? Future additional activities may be incentivized (in more ways than one!) but for the initial phase only trading fees will be rewarded.

9/ Rewards earned from the Initial Token Phase will start being claimable and vesting in October of 2023. At around which point, the token emissions phase will kick off. More details will be announced closer to launch.

10/ Ready to level up your trading game? Join Vertex's Trade & Earn Programme and be part of a community that rewards your commitment and helps grow the protocol. For more detail, refer to our reward docs: tinyurl.com/mrk2kams

11/ Vertex is a cross-margined decentralized exchange (DEX) protocol offering spot, perpetuals, and an integrated money market bundled into one vertically integrated application on @Arbitrum. Start trading on Vertex. Participate in the Trade & Earn Program.