Genius co-founder says points rules may be adjusted based on actual circumstances, pledges that his tokens will not unlock before users'
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AT A GLANCE
Genius's co-founder said the points rules will be adjusted according to actual circumstances and stated that his own tokens will not unlock before users'.
Article
Genius co-founder: Points are an additional benefit and may be adjusted based on actual circumstances; my tokens will not unlock before users'
PANews September 25 reported that, in response to community dissatisfaction triggered by Genius's adjustment of its points rules, Genius co-founder Ryan Myher stated, “Genius is essentially a terminal for trading crypto assets, and points are merely an additional benefit you may receive when trading on Genius. Every user who trades on Genius has agreed to our airdrop terms. If you have been using it since SZN 1 began, then you have effectively agreed twice. If you do not accept these terms, you cannot use the platform. Points were always an additional benefit, so we will adjust the points rules according to actual circumstances. Recently, trading volume on the terminal has declined somewhat, so fewer points are distributed each day. But ultimately, Genius is what I work on every day when I wake up, and I genuinely want to build it for the long term. One thing I can guarantee is that my own tokens will not unlock before yours...
(Click the link below to read the full article)
🔗https://www.panewslab.com/zh/articles/01a0d639-4320-71c2-a19d-41ba4dd9c2af
Key points
01
PANews said that Genius's adjustment of its points rules triggered community dissatisfaction.
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Genius co-founder Ryan Myher said that Genius is essentially a terminal for trading crypto assets.
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Ryan Myher said that points are an additional benefit users may receive when trading on Genius, and that the rules will be adjusted according to actual circumstances.
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Ryan Myher said that terminal trading volume has recently declined, and therefore fewer points are distributed each day.
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Ryan Myher said that every user trading on Genius had agreed to the airdrop terms, and users who began using it from SZN 1 had agreed twice.
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The report headline states that Ryan Myher's own tokens will not unlock before users'.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This response describes points as an additional benefit provided by a trading platform, rather than a fixed return. According to Ryan Myher, the platform may change the points rules according to actual circumstances, and the recent reduction in daily points is related to the decline in terminal trading volume. He also stated in the report headline that his personal tokens will not unlock before users'.
Why it matters to readers
Changes to the points rules may affect users' assessment of whether platform incentives are stable; the order of token unlocks relates to users' fairness concerns.
If you trade on Genius or accumulate points, you should be aware that the quantity of points and the rules may change. The available excerpt does not show the complete rules, so the value of points or specific unlock arrangements cannot be assessed based on the current information alone.
Risks and unknowns
The main text is truncated at the token-unlock statement; the complete original wording and context are not shown.
The materials do not provide the specific rules, extent, or implementation timing of the points adjustment.
The materials do not show the specific content of the airdrop terms.
The materials do not provide token-unlock dates, applicable parties, or implementable details.
The degree of community dissatisfaction and subsequent feedback cannot be confirmed from the current materials.
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Related concepts
Points
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