Discover and read the best of Twitter Threads about #sjoe

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๐Ÿ” @traderjoe_xyz - Project Deep Dive ๐Ÿ”

#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 ๐Ÿงต
buff.ly/3T1Xeu9
@traderjoe_xyz @avalancheavax ๐Ÿ”ฆ Project's Limelights ๐Ÿ”ฆ

โ›“๏ธ #AVAX, #Arbitrum, & #BNB (Multichain focus)
๐Ÿ”ฅ #TVL $4.5 billion (Once at its peak)
๐Ÿ’ธ 5 million funding
๐Ÿ‘ 350k+ community members

1/
@traderjoe_xyz @avalancheavax All-In-One Stop plaform for #DeFi

๐Ÿ  From Trade, Liquidity Pools, Yield Farming, Staking, Lending, & Borrowing. You name it, they have it ๐Ÿคฉ

๐Ÿ’กLiquidity Book with fungible liquidity bins & surge pricing to enhance AMM mechanism.

๐Ÿ–ผ๏ธ NFT Marketplace: on both #AVAX & #BNB.
Read 5 tweets
1/ Trader Joeโ€™s new tokenomics (#sJOE, #veJOE) builds on a vastly adopted model first introduced by Curve. ๐Ÿงต

TLDR: The more #veJOE you hold, the higher the boost you receive on certain pools. #sJOE entitles its holders to claim part of Trader JOEโ€™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 ๐Ÿง‘โ€๐Ÿ’ป
@cryptofishx @0xmurloc @DavideFi_ @blueclarityone

Thanks sers for making the best exchange on #Avalanche!
Read 14 tweets

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