Vertex ๐Ÿ”๏ธ Announcements
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Announcement channel for Vertex news and updates.

Twitter: twitter.com/vertex_protocol
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๐Ÿ“ข Introducing Vaults

We have just launched the "Vaults" page on Vertex!

You are now able to deposit capital into market making vaults directly from the Vertex App (note deposits will be made from your wallet, not your Vertex account).

The first integration is with SkateFi and their Majors vault. Deposit to earn yield, $ARB and Ollies!

https://x.com/vertex_protocol/status/1808555892901883942
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$VRTX Staking Rewards: Week 34 Claim Live!

A total of $113,185 $USDC have been distributed to VRTX stakers.

Staking Rewards Calculation (Prev. 7 Days) ๐Ÿงฎ

Total Fees: 281,177 USDC
Maker Rebates: 64,266 USDC
Gas Cost: 8,788 USDC
Edge Credit: 32,271 USDC
Edge Debit: 33,799 USDC

Net Revenue: 206,593 USDC
Net Mantle Revenue: 19,777 USDC
Staking Distribution: 113,185 USDC

https://vxtwitter.com/vertex_protocol/status/1813246664104374770
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$VRTX Staking Rewards: Week 35 Claim Live!

A total of $107,206 $USDC have been distributed to VRTX stakers.

Staking Rewards Calculation (Prev. 7 Days) ๐Ÿงฎ

Total Fees: 257,176 USDC
Maker Rebates: 65,315 USDC
Gas Cost: 8,978 USDC
Edge Credit: 35,955 USDC
Edge Debit: 21,105 USDC

Net Revenue: 197,731 USDC
Net Mantle Revenue: 16,681 USDC
Staking Distribution: 107,206 USDC

https://x.com/vertex_protocol/status/1815780816611635524
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$VRTX Staking Rewards: Week 36 Claim Live!

A total of $131,405 $USDC have been distributed to VRTX stakers.

Staking Rewards Calculation (Prev. 7 Days) ๐Ÿงฎ

Total Fees: 317,745 USDC
Maker Rebates: 79,011 USDC
Gas Cost: 10,593 USDC
Edge Credit: 37,053 USDC
Edge Debit: 23,209 USDC

Net Revenue: 241,984 USDC
Net Mantle Revenue: 20,825 USDC
Staking Distribution: 131,405 USDC

https://vxtwitter.com/vertex_protocol/status/1818316685876908494
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The Vertex Gazette [edition #1] has been published! ๐Ÿ—ž๏ธ

Your go-to source for all things Vertex - product updates, new feature highlights and even some degen insights from the Edge ecosystem.

Read the 1st edition below โคต๏ธ
https://open.substack.com/pub/vertexedge/p/the-vertex-gazette-edition-1?r=2ppblc&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true
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$VRTX Staking Rewards: Week 37 Claim Live!

A total of $133,613 $USDC have been distributed to VRTX stakers.

Staking Rewards Calculation (Prev. 7 Days) ๐Ÿงฎ

Total Fees: 344,736 USDC
Maker Rebates: 83,034 USDC
Gas Cost: 38,170 USDC
Edge Credit: 45,782 USDC
Edge Debit: 30,715 USDC

Net Revenue: 238,598 USDC
Net Mantle Revenue: 28,628 USDC
Staking Distribution: 133,613 USDC

https://vxtwitter.com/vertex_protocol/status/1820854182397853988
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๐Ÿ”ด๐Ÿ’จ Ordebook Tranquility - Complete Quests. Earn Rewards

Part Two is now live, with a twist.

Complete quests and earn $VRTX along with the chance of winning $USDC rewards as well!

https://x.com/vertex_protocol/status/1828768296566714718
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๐Ÿ’จ Introducing Fast Withdrawals

No words needed, but check out the tweet and blog below for full details.

https://x.com/vertex_protocol/status/1829221757712249120
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The Vertex Gazette [edition #2] has been published! ๐Ÿ—ž๏ธ

Gm gm frens, excited to share the 2nd edition of The Vertex Gazette, your go-to source for all things Vertex - product updates, new feature highlights and even some degen insights from the Edge ecosystem.

Read the 2nd edition below โคต๏ธ
https://open.substack.com/pub/vertexedge/p/the-vertex-gazette-edition-1?r=2ppblc&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true

Share the love on Twitter โคต๏ธ
https://x.com/vertex_protocol/status/1831182298148139303
๐Ÿ† Sei Trading Competition - 25K in $SEI on the Line

gm gm, excited to announce the launch of our first trading competition on Vertex Sei!

The competition will take place over 5 days, with two separate tiers of prizes, based on eligibility requirements.

To learn more, check out the post below ๐Ÿ‘‡

https://x.com/vertex_protocol/status/1833175368666419636
๐Ÿ”๏ธ VRTX Vertical Program

Weโ€™re excited to unveil the VRTX Vertical Program, a new chapter in tokenomics, with Stage 1 focusing on reducing VRTX emissions and refining incentives to encourage organic liquidity growth across several categories.

Driven by community feedback, Stage 1 represents the first step in a multi-phase rollout aimed at delivering impactful updates to the VRTX tokenomics.

Tldr:
- VRTX rewards emissions schedule will be reduced by 50%
- Updating VRTX Maker / Taker Rewards Split of Total Emissions
- VRTX Rewards: Monthly โ†’ Weekly Epoch Change

This is just stage 1, with more to come!

To learn more, check out the blogpost below ๐Ÿ‘‡

https://x.com/vertex_protocol/status/1833227989016056239?s=46&t=XLRGTQUZk5zhEGP4lVogjA
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