Week 3 Winner Announced in Bancor Swag Pack Raffle

馃巵 Another Trader Strikes Gold

By CarbonDeFi
Dec 26, 2024, 2:29 PM
twitter
News article
Photo by CarbonDeFi

User 'dodawg' has won Week 3 of the limited edition Bancor swag pack raffle.​ The contest is part of the ongoing Seiyantoken9000 Memecoin Madness Trading Competition on Carbon DeFi.​

  • Prize: Limited edition Bancor swag pack
  • Winner must DM to claim prize
  • Week 4 competition currently ongoing

Previous winners include @CocoNFTCrypto for Week 2

Sources
Read more about CarbonDeFi

COTI Earn Season 3 Extended: 7.5 More Weeks of Rewards on Carbon DeFi

**Extension Announced** COTI Earn Season 3 has been extended for an additional 7.5 weeks on Carbon DeFi, deployed on the COTI network. **Reward Details** - 1,250,000 $COTI distributed weekly - 15M $COTI total allocation for Season 3 - Rewards paid in Token Points (TPs), redeemable for $COTI at season's end **Participation Requirements** - Minimum strategy value: $10 - Eligible tokens: $COTI, $gCOTI, $USDC, $wBTC, $wETH - Strategies can be created at [coti.CarbonDeFi.xyz](http://coti.CarbonDeFi.xyz) The extension provides strategy makers additional time to earn rewards through Carbon DeFi's automated trading protocol on the COTI network.

Kame Aggregator Exploit Alert: Users Must Revoke Contract Permissions

**Security Alert: Kame Aggregator Exploited** Kame aggregator (@kame_agg) has been hit by a suspicious exploit, prompting immediate action to prevent further losses. **Required Action for Users:** - **REVOKE all permitted amounts** to Kame contracts immediately - Target contracts: `0x14bb98581Ac1F1a43fD148db7d7D793308Dc4d80` and `0x1415E8eeC45DAE07E7bBdf57A88ea0a309233617` **Response Measures:** - Kame team is actively working to contain the exploit - Fellow Sei projects are helping spread awareness - Users can contact Kame directly for questions This follows a pattern of recent DeFi exploits, including the KiloEx Vault incident in April where attackers targeted vault contracts. **Take Action:** Check your wallet permissions and revoke any approvals to the affected Kame contracts to protect your funds.

Carbon DeFi Trading Protocol Analysis

Carbon DeFi's on-chain trading protocol demonstrates significant potential with its innovative approach to automated trading strategies. The platform enables users to: - Create custom limit and range orders - Combine orders for recurring buy-low-sell-high strategies - Adjust orders directly on-chain - Execute MEV-resistant trades Key features include irreversible order execution and customizable spread settings, offering greater control compared to traditional AMMs. *Note: Performance metrics and specific percentage claims require further verification.*

Carbon DeFi Challenges Traditional Exchange Models

Carbon DeFi introduces a new on-chain trading protocol that aims to provide alternatives to centralized exchanges. Key features: - Custom limit and range orders - Automated trading strategies - MEV-resistant architecture - On-chain order execution - User-controlled spread settings The protocol enables traders to create recurring strategies for buying low and selling high within specific price ranges. All transactions are irreversible upon execution and can be adjusted directly on-chain. *Notable advantage*: Unlike traditional AMMs, Carbon DeFi gives users granular control over their trading parameters while maintaining resistance to common attack vectors.

DeFiExchanges