2024-11-20 20:32:42 by Bancor Blog

Prizes:Each week, $2,250 in SEIYAN will be distributed among the top three traders based on their performance. In addition, all participants have a chance to win:🎉 Meme token airdrops🎁 20 Sei NFTs🎒 Limited-edition Bancor/Carbon DeFi swag packsWeekly SEIYAN prize distribution1st place: $1500 in SEIYAN2nd place: $500 in SEIYAN3rd place: $250 in SEIYANNFT distributionEach week, 5 lucky participants will be randomly chosen to win a Sei NFT, a total giveaway of 20 NFTs!Bancor/Carbon DeFi swag packs distributionEach week, participants’ wallet addresses will automatically be whitelisted to claim a Meme Madness Galxe OAT on Sei, entering them into a raffle to win a Bancor/Carbon DeFi swag pack.Each OAT is its own entry- the more you hold, the higher your chances of winning!Weeks 1–4Each week, 1 random OAT holder is selected to win a limited edition swag pack.Week 5 — The OAT CollectooorHolders of all 4 OATS are automatically whitelisted to claim the Meme Madness 🏆OAT, and entered to win 1 of 2 additional swag packs.The beginning and end date for every week are listed below:Week 1Start: November 26th 2024 at 00:00 UTCFinish: December 2nd 2024 at 23:59 UTCWeek 2Start: December 3rd 2024 at 00:00 UTCFinish: December 9th 2024 at 23:59 UTCWeek 3Start: December 10th 2024 at 00:00 UTCFinish: December 16th 2024 at 23:59 UTCWeek 4Start: December 17th 2024 at 00:00 UTCFinish: December 23rd 2024 at 23:59 UTCLeaderboardTrack your progress on Carbon DeFi with the official leaderboard.With each of the 4 weeks starting at ZERO, it’s never too late to join and climb the ranks!NoteDollar value of prizes to be determined at time of distribution.Meme token distribution will be cut off after a certain number of participants. This number will vary on a weekly basis and is at the sole discretion of the organizers to determine.Mint your OATs within 24 hours after each week’s close (with the exception of the Week 4. Minting is extended through Dec. 31 at 11:59 UTC due to the holiday season). Swag pack winners will have until January 6, 2025 at 11:59 UTC to redeem their prizes.Other requirements:Minimum strategy value: Must be funded with $100 worth of SEIYAN tokens (at the time of strategy creation).Strategies must be created between November 26th and December 23rd.Weekly volume will be calculated based on the strategy’s performance in one direction (token to SEIYAN).Trading on Carbon DeFiZero fees when your position is traded against. Makers on Carbon DeFi only pay network gas fees when a position is created or edited.Greater flexibility– no need to close and recreate a position when adjusting prices or budget.Backtest your strategy before going live with the Carbon DeFi Simulator, live on Sei!Eligible Trading StrategiesLimit orderName the exact price to buy or sell.Range orderCreate a custom range to buy or sell.Recurring orderLink a buy order and a sell order, automating a continuous buy low/sell high trading cycle according to the prices you determine.Concentrated liquidityOverlapping buy and sell orders with custom fee tier and auto-compounding fees.