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

Twitter: twitter.com/vertex_protocol
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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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