Get ready to embark on a journey through the #Arbitrum ecosystem to discover all its great protocols & communities ๐Ÿ’ซ

Participate for a chance to take home over $15,000 in prizes & limited edition NFTs ๐ŸŽ

#ArbitrumAdventure Image
Weโ€™re thrilled to have an all-star group of Arbitrum protocols joining us on this adventure:

@Buffer_Finance, @GainsNetwork_io, @RDNTCapital, @JonesDAO_io, @SperaxUSD, @vestafinance, @GMDprotocol, @UmamiFinance, @PlutusDAO_io, @Treasure_DAO, @GMX_IO, @LidoFinance, @AngleProtocol Image
The Journey Ahead ๐Ÿš€

#ArbitrumAdventure will unfold over three phases, with each Partner assigned to a specific phase

Each phase will have between 4-5 Questboards hosted on the Trader Joe Crew3 platform

Participating partners will have their own Questboard with specific tasks
Earning rewards ๐Ÿ’ธ

โ€ข Successfully completing each Questboard unlocks an exclusive reward channel

โ€ข Rewards can range from $200 to $2.5k, with the grand prize being at least $2.5k

โ€ข All participants who complete all questboards will receive a limited edition NFT Collection
How to participate? ๐Ÿค”

1. Join Trader Joe Guild: guild.xyz/joe
2. Join the Trader Joe Discord Server: discord.com/invite/traderjโ€ฆ

On Friday, Jan 27th, our first phase will kick off, and tasks will become available on our Crew3 Dashboard๐Ÿ‘‡
crew3.xyz/c/traderjoe/quโ€ฆ
Important Dates & Reminders ๐Ÿ—“๏ธ

๐Ÿ‘‰ย Arbitrum Adventure AMA, Friday, Jan 27th, on Discord: discord.com/invite/traderjโ€ฆ

โ€ข Phase 1: Jan 27th
โ€ข Phase 2: Feb 3rd
โ€ข Phase 3: Feb 10th

Learn more about Trader Joeโ€™s Arbitrum Adventure๐Ÿ‘‡
joecontent.substack.com/p/trader-joes-โ€ฆ

โ€ข โ€ข โ€ข

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Keep Current with Trader Joe๐Ÿ”บ๐Ÿ’™ | Live on Arbitrum ๐ŸŒŠ๐Ÿ“˜

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More from @traderjoe_xyz

Jan 24
Liquidity Book comes with unprecedented levels of flexibility.

Understanding the Liquidity Book strategies at your disposal will enable you to maximize your yield-generating activities ๐Ÿ’ธ

Don't let a lack of knowledge hold you back from earning more ๐Ÿ‘‡๐Ÿงต Image
โ€˜Curveโ€™ (previously โ€˜Normalโ€™)

โ€ข The โ€˜Curveโ€™ strategy has the majority of liquidity spread over a concentrated range of ~5 Bins

โ€ข For volatile asset pairs, โ€˜Curveโ€™ can be quite risky and exposes LPs to Impermanent Loss when prices fluctuate, requiring frequent rebalancing Image
โ€˜Wideโ€™ (previously โ€˜Max Uniformโ€™)

โ€ข Liquidity is allocated in a uniform approach across 50 Bins

โ€ข Is perfect for passive LPing, with reduced risk of IL and less need for constant monitoring Image
Read 10 tweets
Jan 19
Trader Joe is proud to welcome @GMDprotocol - our newest #Arbitrum partnership, that will also flourish into a multichain collaboration on #Avalanche

Letโ€™s explore how GMD has positioned itself as a leading yield aggregator Image
As DeFi grows increasingly complex, it becomes increasingly hard to manage and keep track of all yield opportunities.

Yield aggregators serve to help with that by offering simple one-click solutions that also optimize and enhance yield generation.
GMD uses Delta Neutral or Pseudo Delta Neutral strategies to generate passive income for holders of $USDC, $BTC, and $ETH.

This can be accessed via the @GMX_IO Vault, which uses $GLP to generate yield while protecting depositors from IL through regular rebalancing. Image
Read 8 tweets
Jan 18
With users and protocols operating across multiple different chains comes one of the biggest challenges for modern DeFi - liquidity fragmentation.

Trader Joe's newest partner, @RDNTCapital, is an omnichain money market that aims to solve that problem.
Traditional borrowing and lending applications operate in isolated silos, even if they are deployed on multiple chains.

Users usually can't deposit $ETH on Arbitrum to borrow $AVAX on Avalanche and instead have to bridge and manage their cross-chain positions manually.
Radiant Capital builds on top of @StargateFinance and @LayerZero_Labs to allow investors to seamlessly borrow and lend assets across multiple chains.
Read 7 tweets
Jan 18
Tokenomics Revamp

The following outlines a clear & accessible multichain use-case for $JOE:

- $JOE will become a multichain token
- sJOE will be available on #Arbitrum and #BNB
- veJOE can earn boosted yield from the LB rewards program
- rJOE staking will be deprecated
JOE

- JOE Emissions currently: 14,6k per day
- JOE is 92.8% minted and 62% in circulation (Source: @Coingecko)
- JOE will be bridged to Arbitrum and BNB
- JOE is the official governance token:
- 1 JOE = 1 Vote
sJOE

Trader Joe will be deploying the V2 Fee share for sJOE stakers as part of the Liquidity Book V2.1 coming in February.

sJOE will also become a multichain staking option, i.e. users will be able to stake JOE into sJOE on Avalanche, Arbitrum and BNB.
Read 7 tweets
Jan 17
When it comes to earning #RealYield with Liquidity Book, itโ€™s crucial to remember:

๐Ÿ‘‰ย Fees are only paid to Liquidity Providers that have Liquidity in the Active Bin
๐Ÿ‘‰ย Managing your Liquidity efficiently helps earn MORE fees

Understanding Active Bins is the key to success ๐Ÿ”‘ Image
What are Bins again? ๐Ÿ—‘๏ธ

Bins are pools of liquidity with specific prices, containing one or both of the tokens being traded

๐Ÿ‘‰ย Aggregating liquidity from distinct price Bins forms a Liquidity Pool
๐Ÿ‘‰ย Bins above or below the current "Active Binโ€ will hold only one of the assets Image
Active Bins ๐Ÿ’ฐ

Active Bins determine the market price of a token, as the only Bin that consists of both tokens

๐Ÿ‘‰ Active Bins are the only Bins receiving trading fees
๐Ÿ‘‰ย Once market prices move to a different Bin, the previous Active Bin becomes inactive & stops acquiring fees
Read 6 tweets
Jan 13
Options are one of the most powerful tools in any trader's arsenal. They allow users to hedge their risks or bet on price movements.

Trader Joe's newest partner, @dopex_io, is a leading DeFi options protocol
Dopex aims to make buying and selling options more convenient and profitable than ever

Its main product is Single Staking Options Vaults (SSOV)

These vaults allow users to lock their tokens for a fixed period and receive passive yield in return
The vault deposits are used to write (sell) options with parameters determined by the protocol

There is no requirement for advanced financial or mathematical knowledge.
Read 10 tweets

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