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Morning GRVT email notification: 11% annualized rate rules changed!
Specific changes: Additional annualized yield now requires trading volume. To obtain the previous ~11% annualized yield, you need 5M in trading volume.
This makes it seem very cost-effective for those focused on wealth management.
This is also the reason why group members started withdrawing coins early. However, current withdrawals seem to have some run-on pressure.
The general situation is as follows:
1/ Large withdrawals: Showing maintenance on multiple chains or Ethereum withdrawal times are extremely long.
2/ Small withdrawals: BSC maintenance.
Although it's possible that excessive withdrawals triggered risk controls, if you're truly concerned, you can consider multiple small withdrawals through non-Ethereum chains, though each withdrawal requires 1U fee.
Reminder: The above is only information sharing and does not constitute investment advice. Please be sure to conduct your own research!
DeFi Enthusiast: BitHappy