$COAI The contract users contributed the largest net profit to Binance, yet are the least favored.

❶ Alpha trading competition rewards, results are announced the next day.

❷ Spot trading competition, rewards are distributed every two weeks.

❸ Contract trading competition, rewards must be distributed within a month at the latest, we have accepted many coins that have dropped, and occasionally encounter a coin that rises, we still have to wait for the distribution time. hemi aia dam and the current coai bless are no different.

Starting from October 9, I have successively reported to He Yi via Twitter, customer service, Twitter support, and Binance employees about how the contract trading competition organizers exploit loopholes in the rules and concentrate chips to deliberately manipulate coin prices. First, they use the fact that retail investors have no chips before the coin is distributed to create a massive short position, then just before distribution, they dump the coin to cash out, and before the drop, they control the funding rate to -2% through price differences, making it impossible for retail investors to hedge.

On October 15-17, I repeatedly suggested that in future contract trading competitions, the project party should first send the reward coins to Binance, and leave the timing and method of distribution to the organizers, Binance has this right and responsibility. At the same time, I informed you that the coai project party is about to dump a large amount of coins at high prices, and it is advisable to distribute the coai rewards as soon as possible.

So what was the final result? Everything that ended at the same time was distributed, yet the two that skyrocketed were not distributed — coai bless. It feels like neither Binance nor He Yi cares at all about the voices of users without influence, only paying attention to the suggestions and views of so-called KOLs, completely ignoring my advice. 【Watching helplessly as coai dropped from over 20 to over 4 over a weekend, and still continues to dump, what can we retail investors do?】

Originally, we took a huge risk participating in the contract trading competition for reward coins, and we often accepted the massive price drops. Occasionally encountering a coin that rises, we still cannot receive it in time. It’s unfortunate and lamentable, retail investors have it tough! I want to ask if the event team has any collusion with the project party? Does He Yi only care about the feedback from KOLs? Can retail investors not even get a little benefit? Binance claims to consider users, yet this simple matter that is crucial to retail investors has seen no improvement after half a month of feedback, leaving us truly disappointed and powerless.