Grvt loosens KYC and pushes $50,000 to the first 600 users. TGE plans to launch in Q1 2026

According to BlockBeats, on August 29, according to feedback from some users, the decentralized trading platform Grvt has loosened and improved the new user registration and identity verification experience, and the platform also carried out a new user reward activity of a total of US$50,000. As the first on-chain trading platform in the industry to open to retail investors with a -0.01% rebate (negative handling fee), Grvt allows users to not only enjoy lower costs during the trading process, but also receive additional rewards through market making. The platform is built on ZKsync, focusing on privacy and compliance priority, and is supported by liquidity from a number of institutions including Ampersan, Selini and QCP. It is reported that its token TGE is scheduled to be launched in the first quarter of 2026, when 20% of the tokens will be allocated to the community. At the same time, the platform's Rewards 1.0 incentive plan will end in September, and early user revenue will be locked, which also means that it is the last window for participating in mining to obtain rewards.