Farming the GRVT exchange for its airdrop and trading rebate

A prior research pass claimed GRVT paid a 0.01% maker rebate and about 10% yield on idle equity, the whole basis for farming it. Both were wrong against GRVT's own fee docs: the entry-tier maker rebate is 0.0001%, a hundred times smaller (a percent-versus-bps mix-up), and the headline yield needs $5M of volume a month, the base rate is 3.5%. The token launch had also slipped a couple of quarters. The economics that justified farming were not there.

Five load-bearing numbers checked against the exchange's own fee pages. Maker rebate falsified (claimed 0.01%, actually 0.0001% at the entry tier, reaching 0.003% only at $1B monthly volume). Equity yield falsified at small size (3.5% base, 11% only at $5M of volume every 4 weeks, capped at $100k of equity). Token launch falsified (missed its first target, retargeted two quarters out). Two of five hard-falsified tripped the stop rule: do not proceed. The takeaway logged was a process one, treat every second-hand number as wrong until traced to a primary source.