GRVT Launches Open Beta Testnet: Revolutionizing Hybrid Cryptocurrency Exchanges
Introduction to GRVT
GRVT, a hybrid cryptocurrency exchange, has launched its Open Beta Testnet. This marks a significant milestone as ZKsync’s first official Validium ZK Chain. The platform is designed to integrate the benefits of centralized exchanges (CEXs) and decentralized exchanges (DEXs), offering users self-custody of assets with enhanced transaction speeds and security.
Innovative Features
GRVT combines off-chain order matching with on-chain settlements, achieving an impressive 600,000 transactions per second (TPS). This hybrid model allows users to enjoy the quick processing of off-chain operations while ensuring secure and verifiable asset settlements on the blockchain. The exchange aims to provide a seamless trading experience while maintaining high levels of security.
Exclusive Rewards and Participation
To celebrate the launch, GRVT offers rewards to early participants. The first 30,000 users who complete KYC verification can win from a pool of 2.4 million $ZK tokens and 600,000 raffle tickets. Users can claim raffle tickets immediately upon verification and will have opportunities to earn $ZK tokens by participating on Mainnet Day 1.
Vision and Impact
GRVT's mission is to revolutionize financial markets by integrating blockchain technology and self-custody solutions into both traditional finance (TradFi) and decentralized finance (DeFi). The platform aims to transform trading and investment practices while maintaining traditional security measures. By implementing blockchain settlements and trustless risk management, GRVT seeks to reshape the financial landscape.
Industry Backing and Development
GRVT's development is supported by Matter Labs, the creator of ZKsync, along with prominent industry partners and investors such as Delphi Ventures, Matrix Partners, and Hack VC. This strong backing underscores the potential and credibility of GRVT's innovative approach to cryptocurrency exchanges.
Conclusion
With its launch, GRVT is set to offer a unique hybrid exchange experience, providing rapid transaction speeds and secure, self-custodial solutions. As the platform opens to public participation, it invites users to explore its features and join the growing community. For further information and to become part of the GRVT ecosystem, interested individuals can visit the official website at grvt.io.
What is Coinefficiency?
Coinefficiency is your go-to platform for optimizing cryptocurrency trading, investments and strategies. We provide a comprehensive suite of tools to analyze market trends, monitor price movements, and execute effective trading strategies. Whether you're a seasoned trader or new to crypto, Coinefficiency helps you maximize your profits with data-driven insights.
Why Use Coinefficiency?
- Advanced market analytics to identify trading opportunities.
- Compare markets relative performance.
- Understand market cycles over time. See market levels.
- Compare buy-and-hold, portfolio rebalancing, Dollar-Cost-Averaging trading strategies.
With Coinefficiency, you can stay ahead of the market and execute efficient trading strategies effortlessly.
Get Started with Coinefficiency
Ready to optimize your crypto investments? Take control of your portfolio with cutting-edge tools designed for both beginners and experts.