Thread by @revol_space

Are you listening to @_FrogRadio talk with @cryptofishx from @traderjoe_xyz? Lotta alpha incoming for all the 🐸🐸🐸 on @avalancheavax. 🧵 below:

https://twitter.com/CryptoMessiah/status/1461409197594140672

@_FrogRadio @cryptofishx @traderjoe_xyz @avalancheavax Did you know that @traderjoe_xyz will be adding leveraged trading using Banker Joe? This will be huge for the little guys out there wanting to get big.

@_FrogRadio @cryptofishx @traderjoe_xyz @avalancheavax @cryptofishx was previously a doc, got started in crypto after buying Bitcoin, started programming, and got into @avalancheavax early at the ICO. He jumped in on developing dApps with @snowballdefi.

@_FrogRadio @cryptofishx @traderjoe_xyz @avalancheavax @snowballdefi @traderjoe_xyz is a fork of @Uniswap for swaps and @SushiSwap for yield farms. The $xJoe model is a fork of $xSushi. Obviously a fork doesn't just stay a fork though and the team is definitely growing and shipping weekly.

@_FrogRadio @cryptofishx @traderjoe_xyz @avalancheavax @snowballdefi @Uniswap @SushiSwap How'd the name for @traderjoe_xyz come around? It was just the first thing they coded. The team came up with a storyline from there: "Joe is your average Joe and wants to generate wealth..."

They thought about the development of economic society. "Farming > Banking > Lending."

@_FrogRadio @cryptofishx @traderjoe_xyz @avalancheavax @snowballdefi @Uniswap @SushiSwap From the idea of economic developmet for the average Joe came the idea of Banker Joe and leveraged trading. It's a @compoundfinance and @CreamdotFinance fork.

@_FrogRadio @cryptofishx @traderjoe_xyz @avalancheavax @snowballdefi @Uniswap @SushiSwap @compoundfinance @CreamdotFinance One of the things I love about @cryptofishx is his value on aesthetics and UI. That's pretty clear from the design of @traderjoe_xyz and his recent purchases of @apa_nft! (He's been collecting the king style.)

@_FrogRadio @cryptofishx @traderjoe_xyz @avalancheavax @snowballdefi @Uniswap @SushiSwap @compoundfinance @CreamdotFinance @apa_nft If you've ever used @traderjoe_xyz you know how EASY it is to use. The UI is incredibly easy to understand and the guides are incredible.

@_FrogRadio @cryptofishx @traderjoe_xyz @avalancheavax @snowballdefi @Uniswap @SushiSwap @compoundfinance @CreamdotFinance @apa_nft Let's talk about @traderjoe_xyz and Banker Joe.

1. You get paid to deposit your assets ( $Avax, $BTC, etc.)
2. You get paid to borrow against your assets.

That reward comes in $Joe

@_FrogRadio @cryptofishx @traderjoe_xyz @avalancheavax @snowballdefi @Uniswap @SushiSwap @compoundfinance @CreamdotFinance @apa_nft The strategies on Banker Joe vary in risk. The big one is liquidations, which happen if your asset value goes down in value, or your borrowed value goes up, and your liquidation point is met.

@_FrogRadio @cryptofishx @traderjoe_xyz @avalancheavax @snowballdefi @Uniswap @SushiSwap @compoundfinance @CreamdotFinance @apa_nft Want to borrow a little more safely? Borrow against your collateral for the same thing then deposit back into Banker Joe. That's called folding.

Want to be a degen ape? Borrow at Joe, deposit elsewhere, borrow against that, deposit elsewhere, borrow... it's called looping.

@_FrogRadio @cryptofishx @traderjoe_xyz @avalancheavax @snowballdefi @Uniswap @SushiSwap @compoundfinance @CreamdotFinance @apa_nft "Recursive borrowing" or "folding" isn't available on @traderjoe_xyz but is on @snowballdefi, @yieldyak_, and on @MIM_Spell.

@_FrogRadio @cryptofishx @traderjoe_xyz @avalancheavax @snowballdefi @Uniswap @SushiSwap @compoundfinance @CreamdotFinance @apa_nft @yieldyak_ @MIM_Spell @cryptofishx talking about L1s, NFTs, and culture: "The culture is key, that's the value."

The big thing for @avalancheavax and @apa_nft? It's Avalanche centric, it's unique, and is shaping the culture of the network.

Thinking about NFTs and the future, where does @cryptofishx think things are going? Innovation on pricing, liquidity, and how trading occurs. NFTs will definitely be a big part of the @avalancheavax ecosystem.

@cryptofishx @avalancheavax On @traderjoe_xyz being a fork and what it brings to the ecosystem: "Obviously we've innovated on the product side, UX, but we're also working on developing new things at the protocol and smart contract level."

"How important is the community to the project?"

The most important thing for any project is the community, and how it's ran. That's the hardest part. Making tech is hard, but community management is time, effort, and relationally draining. It's a huge value at @traderjoe_xyz.

@traderjoe_xyz @SushiSwap may come to @avalancheavax but will they build the community resources that @traderjoe_xyz has? It's unlikely they will do as well as native, even if a fork.

Will NFTs be coming to @traderjoe_xyz? Not currently, but there are so many markets already... @GetKalao for example that launched last week.

That said, Joe will be releasing "Joe Peg" NFTs soon with their own marketplace!

@traderjoe_xyz @GetKalao @CryptoMessiah we're still early on @apa_nft! The floor is still LOW.

partyanimals.xyz/market

@traderjoe_xyz @GetKalao @CryptoMessiah @apa_nft Roadmap:

- Working on CEX listings
- Joe Peg NFTs coming
- Something to do with DeFi 2.0

It's unclear if this last one will even launch but exciting stuff!

$Joe = $10!!

@traderjoe_xyz @GetKalao @CryptoMessiah @apa_nft How does @cryptofishx see the @avalancheavax ecosystem continuing to grow? The experience there is clear.

- Organic projects and community is clear (no central VCs)
- Bridge experience is phenomenal (new wallet soon)

The key is building the identity (memes, culture, art).

@traderjoe_xyz @GetKalao @CryptoMessiah @apa_nft @cryptofishx @avalancheavax DeFi 2.0: will @traderjoe_xyz be working in the "metaverse" in any way?

At the moment the plan is no, but to do so would mean HIRING out.

Not likely soon.

@traderjoe_xyz @GetKalao @CryptoMessiah @apa_nft @cryptofishx @avalancheavax Would there ever be an IDO or airdrop extension of @traderjoe_xyz?

The team would love to build up @AvalaunchApp and doesn't want to rule it out. The key problem is KYC and Joe may try to solve for that in future.

@traderjoe_xyz @GetKalao @CryptoMessiah @apa_nft @cryptofishx @avalancheavax @AvalaunchApp It's clear that @traderjoe_xyz is a central hub for new projects to connect with. @apa_nft has done so recently to huge success, @Defrost_Finance used $xJOE stakers to airdrop to...

@traderjoe_xyz wants to build up the whole ecosystem.

@traderjoe_xyz @GetKalao @CryptoMessiah @apa_nft @cryptofishx @avalancheavax @AvalaunchApp @Defrost_Finance @cryptofishx recommends following @AvalaunchApp and the projects they are backing, and getting into the right communities to learn about new projects.

We got all the alpha over on the @apa_nft Discord: discord.gg/uSDCsGPqda

@traderjoe_xyz @GetKalao @CryptoMessiah @apa_nft @cryptofishx @avalancheavax @AvalaunchApp @Defrost_Finance Will Uniswap V3 optimizations be coming to @traderjoe_xyz? It would be a boon to traders and farmers.

The Joe team probably needs a new protocol to do so, and to build more with it like @PopsicleFinance. The team will be doing it though.

Middle of next year timeline?

@traderjoe_xyz @GetKalao @CryptoMessiah @apa_nft @cryptofishx @avalancheavax @AvalaunchApp @Defrost_Finance @PopsicleFinance @cryptofishx's PFP is the Merlin Wizard from @apa_nft and @RandomTask555 is rocking the Mummy on his PFP.

@danielesesta you need this @apa_nft. 1 of 20 and what a gift for @0xM3rlin!

partyanimals.xyz/market#9991

Maybe the 🐸 @apa_nft would be a better fit: partyanimals.xyz/market#9986

Buy it for the Frog Nation @danielesesta !