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Vector Finance 🔺

Apr 18 • 7 tweets • 3 min read

1) Announcing our JOE RUSH program!

🗓️ Tomorrow, April 19th @ 6PM UTC
➡️ Convert $JOE on vectorfinance.io/stake
🔥 500k of bonus $VTX incentives
🏃‍♂️ Only the first 3 million $JOE are applicable

Help us spread the word!
Like & Retweet this 🧵for a chance to win 1,000 $VTX

2) Vector is entering the #JOEWars with a bang💥
The first 3 million JOE converted on Vector will receive bonus VTX! This is on top of rewards received from staking $zJOE 🔥

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 🔓

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! 🤑

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!🏃

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! ⏳

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

vectorfinance.medium.com/lfjoe-vector-f…

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@vector_fi

Apr 20

We certainly entered the #JOEWars with a bang! 💥 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! 👊

A 🧵for you.

1) #JOERush came out hot — 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 wasn’t able to get into the first round.

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