📊 GRVT – The Next-Generation Hybrid Crypto Exchange 🚀 - video Dailymotion

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In this video, we dive deep into GRVT, a groundbreaking hybrid derivatives exchange that merges the best of TradFi, CeFi, and DeFi.

Transcript

00:00what's up guys welcome back to the channel in today's video i want to bring you the next

00:07generation hybrid crypto exchange i'm talking about none other than grvt which is actually

00:14pronounced gravity it's a hybrid decentralized exchange that actually merges the benefits of

00:22traditional finance with centralized finance and defi so with metal labs as an early investor

00:30grvt is constructing the first official hyper chain on zk sync leveraging the zk stack technology

00:39and it offers a unique self-custodial model where users have complete control over their funds

00:46while enjoying a user experience similar to a centralized exchange so in this video i'll be

00:54going through the whole breakdown of what grvt or gravity is all about how to actually get to use it

01:03how to use the testnet how to claim points in all of the various things that you need to know so it's

01:12a very complete guide if you like the kind of content that i bring on this channel make sure

01:17you hit that like button subscribe and always head on over to our main site decentralized

01:20right so the first thing we need to do is actually to get to use uh gravity so all you need to do is

01:28to go to the url grvt.io and sign up or use the link in the description okay if you have an option to

01:35create a personal account if trading for yourself or a company account if operating as a business

01:41and you can also in uh kind of enter the invite code to endpoints check out the links in the

01:47description just make sure you confirm your email and you can proceed to actually complete the kyc

01:53process which is the most important step but don't worry gravity makes it easy secure and also

02:00rewarding to do this okay so i'm going to show you the step by step of how to complete your kyc on

02:05gravity simply submit your proof of identity make sure you follow the on-screen instructions to

02:12submit your official documents and make sure you use valid documents like your passport or driver's

02:18license the national id or residence permit then you can upload your id and you can see that your

02:25verification will be underway so you can choose a passport or national id and then uh you know upload

02:31the passport page and then you need to just complete the face verification just take a selfie

02:37and match it to your id and then it's a straightforward process from there okay so just

02:43take that selfie you can do that with your camera and you can also enter any additional information

02:49that's required including the source of your funds and then you can enter your address details

02:55and submit your proof of address okay so just make sure your uh your address actually matches your

03:02residency as well so you can review and then you can wait once you've submitted your documents they

03:08will be reviewed you will receive an email notification and uh you can also kind of just uh inquire in the

03:15discord channel if you've got any questions about the kyc process so that's number one it's very very

03:20important that you guys do that so the exciting part is as soon as you complete your kyc you will

03:25receive 80 zk tokens and 20 raffle tickets plus if you use a special referral referral code use the

03:34code in the description you also get an extra 20 tickets make sure you take advantage of this opportunity

03:41to start earning rewards right away on gravity so the reason why the kyc process is very strict is it's

03:49all about safety simplicity and scalability helping you keep your funds safe and also just making

03:55sure they're compliant with regulation so it's a very top priority and they are working with

04:00independent providers like comply cube okay so now we can move on to the testnet phase uh the beta

04:08is live already uh you can join in complete quest and earn exclusive rewards and uh you'll be redirected

04:16to the testnet just create a testnet account like you did with the normal account and explore the

04:22features so just make sure you register your wallet your funding account your trading account then mint

04:27tokens and explore the actual features as well so gravity itself is launching their own wallet but you

04:35can also use popular wallets such as metamask and this is what i'll be using in this demonstration but

04:41once your wallet is actually connected you can actually access the perpetual market on gravity

04:46and uh they will be soon uh introducing many more other products uh more than just a perpetual

04:52trading only options and spot as well will be added next year with other financial products coming

04:59soon like trading via api as well as using trading view uh for uh kind of making sure you're trading

05:08nicely there so you can also do your deposits they support ethereum and arbitram networks with options

05:15for direct crypto purchases with bank transfers and credit cards so you know they're really going

05:21to be building something robust something that's easy to use so you can enjoy like i said that's

05:26centralized exchange experience but also using non-custodial uh wallet so just connect your

05:32wallet and make sure you connect to the exchange and then from there you know you can set up your

05:38wallet create your funding and your trading accounts and you're good to go so you can deposit

05:43funds and start minting tokens as simply as that and you can actually proceed to put some test trades

05:49in this demonstration we're going to be taking a long position and confirming the order and as you can

05:55see the order was created successfully so i'm looking forward to the full functionality of the main net

06:01this is an incredible easy to use product so what's really at the core of gravity is this safe

06:08simple scalable concept that they actually employ so just making sure that you know you are using

06:14a self-custodial fund management safeguarding you against theft and hacks from exchanges funds are

06:21actually held on blockchain secured smart contracts with access only with your private key so just make

06:29sure you keep that safe and uh you know they protected using zero knowledge proofs on ethereum and wallet

06:35signatures on the validium chain and the platform security features integrate web2 measures such as

06:43usernames passwords 2fa with web3 standards to ensure a user-friendly environment it's also when it comes

06:51to the simplicity you know they're using the easy to use interface with kind of a web2 appeal eliminating

06:58all of that crypto jargon and making sure your transactions are really smooth and they're also scalable

07:04uh making sure that you can do uh a combination of on chain and off chain components and uh you know

07:11the uh gravity platform is designed to handle large-scale trading activities platform itself uh will feature

07:19uh a fast off a chain order book capable of processing up to 600 000 transactions per second with single

07:27digit millisecond latency and this setup allows it to cater both to individual and institutional investors

07:34while maintaining low operational cost and regulatory compliance so the hybrid uh trading model that

07:41i spoke about before kind of just combines the best of both worlds in terms of security of decentralized

07:46exchanges with the efficiency and user friendliness of centralized platforms and the platforms

07:51are dual off-chain and on-chain risk management off-chain trade matching and on-chain settlement

07:57imagine management is something that you also have to consider additionally on-chain privacy is maintained

08:04through the uh zk proof validium uh technology ensuring uh private transactions details also remain secure

08:15when it comes to the fees and the rewards there's a kind of a tiered fee structure with nine levels allowing

08:22for competitive maker and taker based on trading models uh volume and also the total number of assets

08:30so the platform does charge liquidation fees and a flat fee withdrawal fee to cover uh on-chain gas

08:37cost as well as far as the rewards program there are multiple opportunities as well to earn tokens

08:43including uh ecosystem rewards three percent of the total supply rewarding uh users based on direct and

08:50indirect invites and also four percent of the total token supply based on trading fees paid by the user

08:57and liquidity provider rewards four percent of the total supply rewarding users providing liquidity and

09:02quoting buy sell odors so users are able to participate in the pro in these sort of our programs by just

09:09completing the actual tasks on gravity uh on the rewards portal and invite friends and also potentially

09:16earn some zk tokens and raffle tickets and you can also enter the referral program anyone that you

09:23recommend who does a complete kyc verification can also receive 80 tokens and 20 raffle tickets so gravity

09:31is definitely kind of set to disrupt uh boundaries of trade fi and c-fi and d5 with the innovative hybrid

09:39model combining the benefits of security simplicity and scalability with the focus on self-custody

09:45regulatory compliance and a robust reward system and uh just make sure you go check it out all the

09:52links will be in the description don't forget to like share and subscribe turn on the notifications

09:57i'm looking forward to your comments so you should let me know how you found the testnet and you'll be

10:02waiting on the mainnet to launch and i'll be bringing you more information on gravity peace

10:08i love

📊 GRVT – The Next-Generation Hybrid Crypto Exchange 🚀

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