RWAPerp is building the next generation of global asset trading infrastructure.
Built on @XLayerOfficial, RWAPerp connects global assets with onchain financial markets.
Through RWA tokenization and perpetual trading mechanisms, RWAPerp provides a 24/7 onchain trading gateway for global equities, indices, and other real-world assets.
Learn more: https://t.co/SAPsYBnVXr
@FabianoSolana@PhoenixTrade I had been receiving rewards consistently since July 30, but I didn’t receive any yesterday—even though I traded $1.5 million in volume. I’m not sure why. Do you know what might have happened?
@DidiTrading@PhoenixTrade I generated $1.5M in trading volume on PhoenixTrade from yesterday to today, but I did not receive any rewards today. This is despite having received rewards every day from July 30 through yesterday.
It seems there may be a cap on the rewards.
The @Merkle_Trade , which I passionately contributed to as a developer, is now coming to an end.
Over a considerable period of time, the team made every effort to operate transparently and uphold high standards within the crypto space, while actively communicating with the community. Even in challenging environments, we continuously worked to improve the product, refine the structure, and enhance the overall user experience through constant iteration and experimentation.
Although the protocol is closing, the lessons remain. I gained firsthand experience in tokenomics design, risk management, treasury operations, and most importantly the critical importance of trust with the community.
I am grateful to the teammates, community members, and users who were part of this journey. I will never forget the passionate teammates who worked alongside me.
Building on this experience, I will continue working toward a better future. The time I spent with Merkle was truly a meaningful journey.
I signed up for X Premium for the first time to write this. 🙂
I hope this message brings a better future and prosperity to everyone who reads it.
Final claims are now live on the Merkle web frontend.
Please visit the page below to complete any remaining actions:
https://t.co/OwBRWa4ZGa
- Any staked MKL can now be unlocked instantly.
- esMKL can now be converted to MKL instantly.
- MKL treasury redemption is now open. You can redeem MKL to USDC at the finalized rate of 0.061544 USDC per MKL.
- You can also withdraw any remaining assets in your 1CT balance, MKLP (including zMKLP), or any unclaimed referral rebates.
Final accounting:
- Treasury balance: 2,118,378.51 USDC
- MKL supply (after unused burn): 34,420,285 MKL
- MKL redemption value: 0.061544 USDC per MKL
The web frontend is planned to remain available until February 5, 2027. The mobile app will soon no longer be functional, so please use the web frontend for all remaining actions.
If you run into any issues or need support, please open a ticket in our Discord. General chat will remain open until the end of February, after which the Discord will transition to ticket-only support.
Thank you for being part of Merkle.