3) Rank 2 roles unlock the prize channels to participate in raffles
4) Complete all Questboards on Crew3 for all partners to enter the grand prize raffle for a chance to win at least $4k and earn an exclusive set of NFTs
Without further ado, π₯π₯π₯,Β our Phase 1 Partnersπ
Gains Network π§βπ
@GainsNetwork_io facilitates decentralized leveraged trading of crypto, forex, stocks, commodities, and indices with minimal slippage and low fees
For #ArbitrumAdventure, Gains is contributing 300 $GNS tokens to the overall prize pool!
Buffer Finance π§βπ
@Buffer_Finance is a non-custodial, exotic options trading platform built to trade short-term price volatility and hedge risk of high-leverage positions
The team over at Buffer is contributing 1,000 $BFR tokens to the #ArbitrumAdventure prize pool!
Jones DAO π§βπ
@JonesDAO_io develops and deploys a range of vaults for some of the biggest DeFi tokens on #Arbitrum
We're thrilled to have Jones DAO joining us on our adventure, and a huge thanks to the team for the 1,000 $JONES tokens being contributed to the prize pool!
Radiant π§βπ
@RDNTCapital aims to be the first omnichain money market where users can deposit & borrow assets across multiple chains
Radiant has become a leading native lending platform on Arbitrum and is kind enough to be contributing 1,000 $RDNT tokens to the prize pool!
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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.
When it comes to earning #RealYield with Liquidity Book, itβs crucial to remember:
πΒ Fees are only paid to Liquidity Providers that have Liquidity in the Active Bin
πΒ Managing your Liquidity efficiently helps earn MORE fees
Understanding Active Bins is the key to success π
What are Bins again? ποΈ
Bins are pools of liquidity with specific prices, containing one or both of the tokens being traded
πΒ Aggregating liquidity from distinct price Bins forms a Liquidity Pool
πΒ Bins above or below the current "Active Binβ will hold only one of the assets
Active Bins π°
Active Bins determine the market price of a token, as the only Bin that consists of both tokens
π Active Bins are the only Bins receiving trading fees
πΒ Once market prices move to a different Bin, the previous Active Bin becomes inactive & stops acquiring fees