Elk Finance + Trader Joe — Farm & Trade Competition — Results!

Published on: 16.10.2021

🥇 5,04% ROI — 0xD6EdBc39162Dbd51789A6a3e693A27d5bFA0B074
🥈 4,92% ROI — 0xe05C2080267c3889Deb0185e104a7a6acAcaCfa9
🥉 -7,25% ROI — 0x01652760206B92b203cb0A95FD510f746A24202b

(Original winner scored a 56% ROI. This participant was disqualified due to swapping back 3 hours over the deadline)

▶️ ROI% was determined by taking end balance/starting balance in USDT.e only. Any tokens not converted to USDT.e by the end of the competition were not considered
▶️ As stipulated in the rules, contestants needed to transfer funds via ElkNet at the start of the competition. Since it was not stipulated that all funds needed to be transferred out, it was determined that contestants were permitted to keep a reasonable amount on Avalanche
▶️ Transfers back to Avalanche after the start of the second week of trading were disqualified, but qualifying balances on Avalanche were still considered valid

Rewards
🥇$3000 USDT.e
🥈$1500 USDT.e
🥉$500 USDT.e

NFT Prizes can be view here

About Trader Joe

Trader Joe is a one-stop-shop decentralized trading platform native to the Avalanche blockchain. Trader Joe builds fast, securely and aims to serve the community at the frontier of DeFi. The long-term vision of the team is to make Trader Joe an R&D-focused platform for new DeFi primitives not yet seen on any blockchain.

About Elk Finance

Elk.Finance is building a cross-chain liquidity network, allowing for instantaneous exchange of tokens between chains.

SOURCE

https://traderjoe-xyz.medium.com/elk-finance-trader-joe-farm-trade-competition-results-63a377ba30d1

 

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