Challenge complete!
I successfully turned 0.1 sol into 10 sol by swapping on @Pond0x. All gains from this challenge came from the DEX rewards.
Wallet:
9p1yD85FiELXQvDM2MniU9N76tiYxPYUk8q3zxTZ6HHt
Join my swap team for boosted rewards:
https://t.co/myrFEXdRKw
After a late night rally from 3 to 5.5 sol, I woke up to $500 worth of $PEPE rewards. The @Pond0x 0.1 to 10 swap rewards challenge wallet now sits at 8.78 sol! The challenge ends today!
Wallet:
9p1yD85FiELXQvDM2MniU9N76tiYxPYUk8q3zxTZ6HHt
Swap with me:
https://t.co/myrFEXdRKw
The Clear withdrawal wallet (Bpj1Gqdtt4gpPZMHyzqq2rfwoSwMJPySGmCZ3QgLMETn) has liquidated sufficient mSOL to process all pending withdrawals. Expect claims to be distributed in epoch 797, starting in ~5 hours.
@DeepDanceOfMind@TKCMM52@GemStateStacker@Cary0x2@MrDegenPlayer The protocol likely profits from swaps in two ways: swap fees, where rewards go to fee contributors based on transaction size, and validating bundles on Magma, which likely earns money per validation. This would make transaction frequency as valuable as transaction size.