Discover and read the best of Twitter Threads about #sJOE
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🔍 @traderjoe_xyz - Project Deep Dive 🔍
#DeFi is the MUST in any ecosystem. Yet, Decentralized Exchanges (#DEXs) are the fundamentals of DeFi. Trader Joe is the largest DEX on @avalancheavax but it is so much more than just a DEX.
Let's find out why 🧵
buff.ly/3T1Xeu9
#DeFi is the MUST in any ecosystem. Yet, Decentralized Exchanges (#DEXs) are the fundamentals of DeFi. Trader Joe is the largest DEX on @avalancheavax but it is so much more than just a DEX.
Let's find out why 🧵
buff.ly/3T1Xeu9
@traderjoe_xyz @avalancheavax 🔦 Project's Limelights 🔦
⛓️ #AVAX, #Arbitrum, & #BNB (Multichain focus)
🔥 #TVL $4.5 billion (Once at its peak)
💸 5 million funding
👏 350k+ community members
1/
⛓️ #AVAX, #Arbitrum, & #BNB (Multichain focus)
🔥 #TVL $4.5 billion (Once at its peak)
💸 5 million funding
👏 350k+ community members
1/
@traderjoe_xyz @avalancheavax All-In-One Stop plaform for #DeFi
🏠 From Trade, Liquidity Pools, Yield Farming, Staking, Lending, & Borrowing. You name it, they have it 🤩
💡Liquidity Book with fungible liquidity bins & surge pricing to enhance AMM mechanism.
🖼️ NFT Marketplace: on both #AVAX & #BNB.
🏠 From Trade, Liquidity Pools, Yield Farming, Staking, Lending, & Borrowing. You name it, they have it 🤩
💡Liquidity Book with fungible liquidity bins & surge pricing to enhance AMM mechanism.
🖼️ NFT Marketplace: on both #AVAX & #BNB.
1/ Trader Joe’s new tokenomics (#sJOE, #veJOE) builds on a vastly adopted model first introduced by Curve. 🧵
TLDR: The more #veJOE you hold, the higher the boost you receive on certain pools. #sJOE entitles its holders to claim part of Trader JOE’s fees.
TLDR: The more #veJOE you hold, the higher the boost you receive on certain pools. #sJOE entitles its holders to claim part of Trader JOE’s fees.
2/ @traderjoe_xyz is the second largest protocol on #Avalanche by TVL. It has a daily average volume of $75M, which comes crucial when talking about #sJOE.
3/ Furthermore, the protocol is backed by a very strong team 🧑💻
@cryptofishx @0xmurloc @DavideFi_ @blueclarityone
Thanks sers for making the best exchange on #Avalanche!
@cryptofishx @0xmurloc @DavideFi_ @blueclarityone
Thanks sers for making the best exchange on #Avalanche!
