Elk Finance + Trader Joe — Farm & Trade Competition — Results!
The Elk Finance + Trader Joe trading competition has concluded
It was a hard-fought competition, but the results are in. Below is the list of provisional winners of the TJ-Elk Trading Competition along with their ROI%
🥇 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
Link to the announcement article
Any questions, join the Elk & Trader Joe Discord or Telegram
Elk Discord | Trader Joe Discord | Elk Telegram | Trader Joe Telegram
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