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Trader trades $116 million on Vela Exchange for $500 tokens

  • The platform has been released
  • From June 30 to July 6, users can request tokens as part of the giveaway
  • The top three in terms of trading volume claim rewards of up to $500 
  • This is with transactions of $80 million to $116 million 
  • And for attempts to clarify the situation the project administration bans the discontented

The Vela Echange project went to official release on Wednesday, June 28. This is a decentralized exchange developed on the basis of Arbitrum. Throughout the third and final phase before the presentation, users had the opportunity to earn native VELA tokens.

This phase lasted from March 13 to June 1, when the open beta test of the platform ended.. Anyone who meets two basic criteria could enter the giveaway:

  • total volume of transactions on the platform exceeds $3,000;
  • transactions open one minute or longer.</nbsp;

From June 30 to July 6, eligible users can claim their tokens in the giveaway. Two “pills” are available to them – blue (immediate accrual of VELA, x1) and red (esVELA, x2).

The open beta test has attracted increased attention. And some users were really able to distinguish themselves. For example, one of them conducted transactions totaling $116 million.

This was pointed out by user “DegenCT”. He used information from the Dune portal. This user tops the ranking. Except that his reward looks pretty strange.

He’s only entitled to claim 182 VELA tokens, which at the current price is just over $500. The entire top five has a trading volume of over $60 million.

Most interestingly, under this post, one user stated that he received 18 VELA tokens for a total transaction value of more than $160,000. That is, he earned about $50 as a reward for his activity.</nbsp;

“DegenCT” noted that you can check the volume of tokens through this resource. Notably, the administration claims that this data is allegedly inaccurate, with some disgruntled people even blocked.</nbsp;

Anyhowever, the volume of the reward is depressing. And, as noted by DegenCT itself, one can only applaud the marketers of the exchange.

The marketers of the exchange.