Recently, exchanges have been seriously stepping up their game when it comes to VIP perks. In the past, it was all about competing on fees and rebates, but now they’re directly targeting high-volume users from other platforms. One interesting move from OKX this time is that VIPs from other exchanges can use Fast Track to qualify for VIP6 or higher tiers if they meet the criteria. Basically, it’s like this: the trading level you’ve built up on other platforms can now be treated as an asset that can be ‘transferred.’ For high-volume traders, this is actually a good thing. Platforms competing for users ultimately lead to lower trading costs and better benefits. Another thing I’m paying attention to is stablecoins. With the new VIP program, RLUSD is offering up to 25.8% annualized returns. You can clearly feel that the competition among platforms for stablecoin funds is heating up again. VIP perks are getting competitive, and stablecoin yields are too. If you’re already a high-volume trader and have idle stablecoins on hand, it’s worth taking a closer look at the rules for these kinds of promotions. @Jiajia_OKX @okxchinese