It's time to announce the end of the Swap Competition: "Gold Last Call", which was open to all those exiting Swap positions with Gold WPAXG Asset between February 13th and March 12th. We received a great response from participants who demonstrated their skills and expertise in hedging swaps, contributing to the growth and development of the whole DeFi ecosystem!
Let's see how last month went for the Gold Asset:
Over the course of the last 30 days, the PAXG asset price surged 7% upward, climbing from $1,771 to over $1,900! Interestingly, a downward position would have also been profitable, particularly on the February 13th and the 17th!
We want to extend a huge congratulations to the top Swappers who wowed us with their incredible performances and reaped amazing rewards.
Remember, the percentage of profits on swappers' orders may vary due to metrics that depend on the amount of cover, with less cover yielding more profit (though at a higher risk!).
In the case of swaps that have profited the same percentage, the one who opens it first ranks highest.
A special shout-out goes to the top 13 WPAXG swappers who made exceptional contributions to the competition:
The King of the Swappers is 0x411080c4b222fAcf246c2CB252E453dC5F699E5c,
and achieved an impressive performance with a score of 63.15% and takes the best swap of the competition!
0xe304F563386F7d47F14E2f58951EAA2d3dEcF801 and 0xd6447d1b2d127d5a81544d0E5C8310B4A412DB59
tied for second and third places, both with a score of 41.65% !
To these top three positions public addresses: please get in touch with the team at team@metalswap.net to complete the AML document and claim your well-deserved rewards.
The fourth is 0xe979bfD38BA8a41c63582cd13536De029221FA37 also with a profit of 41.65%.
Than follows the fifth, AKA 0x88d9f941a10a569609eCa31658769C736F6EbF85 with a profit of 37.81%.
The other Winners are:
6. 0xe6f9465C64BC45A0B2c6652aBc29f8B80d42D61f with a profit of 35.7%
7. 0x9E9A808e9eb52CB96986212807C0026485601664 with a profit of 32.59%
8. 0xb21AcBbBC529E27F37c0D4e0C5132f1447861c46 with a profit of 31.24%
9. 0xD5DF33234668D909F7CAdC3d6D7f269ba5544c61 with a profit of 19.78%
10.0x9cB5Ab69EF38f8756583269277D9130F5138DFCD with a profit of 19.60%
11.0x4Ed700cC4d1c1247F1568b320b5aF91025CAf55C with a profit of 9.46%
12. 0xE0a2154719B6449BB19effcE0117C1Bbaf94ee04 with a profit of 4.17%
13. 0xEEEaB688eC5A580E0241Bb5F94700D5E2EAb81D0 with a profit of 0.38%
The corresponding rewards will be distributed in the coming days!
We're incredibly grateful to all participants who made the Swap Competition Gold Last Call a smashing success. Your passion for DeFi and the Ethereum network fuel the growth of the ecosystem. We hope this competition was an enriching experience for everyone involved, offering the opportunity to practice hedging swaps with Gold WPAXG and potentially winning a prize along the way.
But wait, there's more! We're thrilled to announce that a new competition is now open for everyone interested in DeFi and Hedging Swaps. This contest involves any token associated with MetalSwap's main tool and is live on the Ethereum blockchain.
We invite all our readers to join the competition and put your DeFi skills to the test. Not only is it a fun and rewarding experience, but it also provides hands-on exposure to the exhilarating world of decentralized finance and volatility hedge over digital Assets.
Once more, congratulations to all the winners, and a big thank you to every participant who made the Swap Competition Gold Last Call an unforgettable event. We eagerly anticipate seeing you in our currently live competition, as we continue to explore the limitless possibilities of DeFi and blockchain technology together.
Stay connected with us through our social media channels, and until next time, happy swapping!
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To the MetalSwap!
… and beyond!
-The DeFi Foundation
✎ What is MetalSwap?
With MetalSwap we enable hedge swap transactions through the use of Smart Contracts, AMM style.