【ChainNews】Genius, the on-chain trading platform supported by YZi Labs, has recently made significant moves. It is reported that the platform announced an adjustment to its dynamic points system—starting from 8:30 AM on January 18, the current dynamic points distribution will be paused, and the transition to a brand-new traceability points system will follow.
Good news for users: all previously accumulated points from transactions will be retained and will not be reset. The platform said that details on how the new traceability points system will operate will be announced soon.
Pay attention to the timing—distribution will be paused in Beijing time on January 18, and the first round of traceability activities will start at 4 PM on January 19 in Eastern Time. Meanwhile, the airdrop white paper is also scheduled for release on January 18, allowing users to get an early understanding of the new mechanism and airdrop rules.
In terms of background, YZi Labs has provided substantial support to Genius Trading, with an investment level of tens of millions of dollars indicating strong confidence. Interestingly, CZ has also joined as an advisor, which indeed boosts market confidence. For users participating in trading on this platform, this system upgrade could be a key moment to participate in the airdrop.
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RektRecorder
· 1h ago
Points not resetting is okay, but I'm worried it might be another new trick to cut the leeks again.
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just_here_for_vibes
· 2h ago
The point about points not resetting is okay, but how does this new mechanism actually work? Feels like a trick?
Wait, are they planning an airdrop? I'll wait and see the white paper first, don't want another high-sounding but useless thing.
Traceability system? Basically, it's just recalculating the accounts. YZi investing so much money into it, they must have a plan. Interesting.
The first round of tracing was directly pushed to the 19th, the timeline is quite tight. Is it real or just hype?
I just want to know how much can finally be freed up, everything else is nonsense.
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ChainSpy
· 2h ago
The fact that points don't reset to zero is pretty good, but I'm worried it might be another scam airdrop. Let's wait and see the details in the white paper.
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SatsStacking
· 2h ago
Oh, the traceability points system? Sounds like more hassle, just worried it will end up being the same old tricks.
Not resetting to zero is good, but what about the details? That's where the pitfalls are.
Let's wait and see the white paper, don't get cut off.
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ChainChef
· 2h ago
ngl the retroactive system sounds like they're finally seasoning their points recipe right... but why the radio silence on mechanism details tho?
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NeverPresent
· 2h ago
It's good that points don't reset to zero, but is it really necessary to make the system adjustments so complicated?
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0xSunnyDay
· 2h ago
The points not resetting is pretty good this time, but I'm just worried the new system will be just another hype. Let's wait and see the white paper.
The rhythm on the eve of the airdrop feels a bit familiar... YZi invests so much money in, they probably won't dump this time, right?
Ah, they want to change the mechanism again. It feels like every time they say "trace, trace," but how exactly are they tracing?
Support of tens of millions of dollars sounds impressive, but can it really be fulfilled? Let's wait and see.
This time difference is interesting. Pausing at Beijing time and starting in US Eastern time—are they trying to avoid something?
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MevWhisperer
· 2h ago
No, this point-reward system sounds a bit dubious. Why did they suddenly change the rules?
That group around YZi still has money to throw around; tens of millions is not a joke.
The airdrop white paper was released on the 18th. I'm curious to see how they'll implement the new mechanism.
Not resetting the points is okay; at least they won't run after a quick pump and dump.
I'm just worried it might be another complicated scoring system, and how much of it will actually be in users' hands.
Genius Trading Platform Points System Upgrade: Traceability System Launch, First Airdrop Coming Soon
【ChainNews】Genius, the on-chain trading platform supported by YZi Labs, has recently made significant moves. It is reported that the platform announced an adjustment to its dynamic points system—starting from 8:30 AM on January 18, the current dynamic points distribution will be paused, and the transition to a brand-new traceability points system will follow.
Good news for users: all previously accumulated points from transactions will be retained and will not be reset. The platform said that details on how the new traceability points system will operate will be announced soon.
Pay attention to the timing—distribution will be paused in Beijing time on January 18, and the first round of traceability activities will start at 4 PM on January 19 in Eastern Time. Meanwhile, the airdrop white paper is also scheduled for release on January 18, allowing users to get an early understanding of the new mechanism and airdrop rules.
In terms of background, YZi Labs has provided substantial support to Genius Trading, with an investment level of tens of millions of dollars indicating strong confidence. Interestingly, CZ has also joined as an advisor, which indeed boosts market confidence. For users participating in trading on this platform, this system upgrade could be a key moment to participate in the airdrop.