Vertex Protocol to Release Rewards System Update on December 18th

Name: Rewards System Update
Start: 2024-12-18T13:00:00Z
End: 2024-12-19T13:00:00Z

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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

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2 days

40.67%

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