Can't mess with Korean projects anymore! This time, Grvt @grvt_io is the worst. It's not about the small airdrop, but how they waited until users finished generating trading volume and making choices before revealing the real rules—and the rules are disgusting. 1. First, they said 'TGE claim,' but it turned into a one-year lock-up. The so-called '1x' isn't 'full claim at TGE'; you might only get a small portion at TGE. Even if you don't choose to multiply, the airdrop will still be released in batches over 12 months. 2. The so-called 'up to 4x' is essentially redistribution from other users. The airdrop pool only has 280 million tokens, but after users chose to multiply, the total shares in the system inflated to 444.7 million. In the end, each share can only redeem approximately 0.6296 GRVT. 3. Forcing users to make 'irreversible' choices before revealing the full terms. They required users to make irreversible decisions first, only to disclose the complete reward structure afterward. This is the most disgusting part of the whole thing. 4. 'Anti-sybil' standards are opaque and retroactively enforced after the event. The project team stated they would adjust the release speed based on account activity. If they suspect: - Multi-account operations; - Artificially inflating trading volume; - Non-genuine usage aimed at maximizing airdrops; All unfavorable details for users were disclosed late, while all the appealing numbers were used upfront for marketing. Starting with Grvt, the Perp sector has officially become a high-risk, low-reward track.