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0.04498852 USD
% Change
0.71%
Market Cap
22.4M USD
Volume
2.97M USD
Circulating Supply
499M
3% from all time low
1056% to all time high
17% from all time low
270% to all time high
50% are in circulation
Circulating Supply
499,669,622.322845
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1,000,000,000

Vertex Protocol to Release Rewards System Update on December 18th

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Vertex Protocol will implement changes to its rewards system on December 18th at 1:00 PM UTC. The modifications are focused on the Q-Score metric, which evaluates and rewards market makers based on their contributions to the platform’s liquidity.

The updated system aims to refine the distribution of VRTX incentives among participants. By adjusting the Q-Score calculations, the protocol seeks to enhance fairness and efficiency in rewarding market makers.

Event date: December 18, 2024 13:00 UTC
Vertex 🏔
@vertex_protocol
2/ Q-Score Updates.

As well as $SOL now being classed as a core asset, minimum depth has been increased and maximum spreads have been decreased to improve liquidity for traders.

See table below for changes 👇 https://twitter.com/vertex_protocol/status/1868687571888554293/photo/1
Vertex 🏔
@vertex_protocol
3/ Changes will go live on wednesday following the start of the next rewards epoch (18th 1PM UTC).

*Q-Score is used to evaluate & reward market makers based on contributions to the platform's liquidity. Determining the distribution of VRTX incentives among participants.
VRTX Price Changes After Event Publication
6.14%
1 day
13.44%
2 days
56.51%
Now (Added 4 months ago)
The event is about to begin
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Added by Alika
Dec 17 23:04 (UTC)
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