ποΈ Tomorrow, April 19th @ 6PM UTC
β‘οΈ Convert $JOE on vectorfinance.io/stake
π₯ 500k of bonus $VTX incentives
πββοΈ Only the first 3 million $JOE are applicable
Help us spread the word!
Like & Retweet this π§΅for a chance to win 1,000 $VTX
2) Vector is entering the #JOEWars with a bangπ₯
The first 3 million JOE converted on Vector will receive bonus VTX! This is on top of rewards received from staking $zJOE π₯
3) You'll be able to convert $JOE to $zJOE starting April 19th at 6PM UTC.
During #JOERush, for every 6 $JOE you convert, you'll receive 1 Locked $VTX. While locked, that $VTX will earn protocol revenue (xPTP & zJOE) + bonus $VTX rewards. It will unlock after 16 weeks π
4) As if the bonus $VTX wasn't enough incentive to convert, users can also stake $zJOE after converting! $zJOE will earn rewards in the form of $JOE (from protocol revenues) and additional $VTX. That's a lot of rewards! π€
5) Only the first 3 million $JOE converted are eligible for #JOERush -- so set your calendars and don't miss out on your opportunity for extra $VTX!π
6) Note that Vector will not incentivize liquidity for zJOE-JOE until 2 weeks after #JOERush is completed. This is to prevent any arbitrage from occurring during #JOERush! β³
7) Learn more about our Trader Joe strategy in the Medium article below:
-Added detail on #JOERush
-Vector's veJOE boosted LP pools
-How the $VTX token benefits from this new strategy
We certainly entered the #JOEWars with a bang! π₯ Since yesterday, over 8.23 million $JOE have been converted on Vector Finance. We are now the top deposited protocol in the veJOE pool, and quickly accruing veJOE! π
A π§΅for you.
1) #JOERush came out hot β we had 3 million $JOE converted on Vector in about 2 minutes. Leading up to the launch, we saw the traction we were getting and the team anticipated this might happen, so we made a plan.
2) We decided that if JOE Rush sold out in <5 minutes, that we would add an additional 500k $VTX but at a reduced rate of 1:12. This would give everyone a chance to participate who wasnβt able to get into the first round.
1) Noticed something new on our site?
A quick π§΅on what the Alt Pools are and how you can earn high APRs using them.
2) @Platypusdefi recently added more pools for stablecoins. They're utilizing their Alt Pool system to do so. These new pools are paired with $USDC for asset isolation from the main pool. This reduces risk while ensuring low slippage for these stablecoins! Pretty awesome stuff π
3) βοΈ The Alt Pools connect to the main pool via their $USDC pairing. That means you can swap $DAI for $UST for example and it will route through $USDC.