On March 22nd, we launched Integral SIZE, the DEX Built for Large Trades. With 3 active liquidity pools, SIZE has handled over $15 mil* worth of volume in the past 2 months. We can tell that the product really draws attention from whale traders and DAO, as the average wallet value of SIZE users reaches $896k, and average order size exceeds $100k.
These numbers make us confident to conclude Phase 1 of the SIZE PMF test and begin the next phase, which is to see if SIZE can attract consistent order flow without incentive programs like trade mining.
Therefore, starting 00:00 UTC on Monday, June 6th, 2022, we will implement the following changes to the Integral SIZE rewards program.
- Trade Mining will be paused.
- CVX-ETH pool will reward 200,000 $ITGR to liquidity providers per week (previously: 300,000).
At the same time, we will be making the following changes to the Integral FIVE rewards program.
- wBTC-ETH pool will reward 20,000 $ITGR to liquidity providers per week (previously: 39,664).
- ETH-USDC pool will reward 40,000 $ITGR to liquidity providers per week (previously: 63,462).
For a complete overview of the updated rewards program, please read our documentation.
*We’d like to highlight that unlike atomic-swap based DEXs, SIZE has no MEV bot volume given its non-atomic nature. This helps mitigate traders’ risk for sandwich attacks.