Phase 1 of Trader Joe’s #ArbitrumAdventure is officially LIVE! πŸ’«

Join us on our journey for a chance to win $15k & limited edition NFTs 🀩

Instructions on how to participate belowπŸ‘‡
How to participate and earn rewards ✨

1) Unlock Rank 1 Roles by fulfilling requirements on Trader Joe Guild: guild.xyz/joe

2) Complete Questboards on Trader Joe Crew3 platform to acquire Rank 2 role: crew3.xyz/c/traderjoe/qu…
How to participate and earn rewards (cont.) ✨

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
Partners πŸ§‘β€πŸš€πŸ§‘β€πŸš€πŸ§‘β€πŸš€πŸ§‘β€πŸš€

Without further ado, πŸ₯πŸ₯πŸ₯,Β our Phase 1 PartnersπŸ‘‡
Gains Network πŸ§‘β€πŸš€

@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 πŸ§‘β€πŸš€

@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 πŸ§‘β€πŸš€

@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 πŸ§‘β€πŸš€

@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!

β€’ β€’ β€’

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Keep Current with Trader JoeπŸ”ΊπŸ’™ | Live on Arbitrum πŸŒŠπŸ“˜

Trader JoeπŸ”ΊπŸ’™ | Live on Arbitrum πŸŒŠπŸ“˜ Profile picture

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More from @traderjoe_xyz

Jan 25
Get ready to embark on a journey through the #Arbitrum ecosystem to discover all its great protocols & communities πŸ’«

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

#ArbitrumAdventure Image
We’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 πŸš€

#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
Read 6 tweets
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 πŸ’Έ

Don't let a lack of knowledge hold you back from earning more πŸ‘‡πŸ§΅ Image
β€˜Curve’ (previously β€˜Normal’)

β€’ The β€˜Curve’ strategy has the majority of liquidity spread over a concentrated range of ~5 Bins

β€’ For volatile asset pairs, β€˜Curve’ can be quite risky and exposes LPs to Impermanent Loss when prices fluctuate, requiring frequent rebalancing Image
β€˜Wide’ (previously β€˜Max Uniform’)

β€’ Liquidity is allocated in a uniform approach across 50 Bins

β€’ 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

Let’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, it’s crucial to remember:

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

Understanding Active Bins is the key to success πŸ”‘ Image
What are Bins again? πŸ—‘οΈ

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

πŸ‘‰Β Aggregating liquidity from distinct price Bins forms a Liquidity Pool
πŸ‘‰Β Bins above or below the current "Active Bin” will hold only one of the assets Image
Active Bins πŸ’°

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

πŸ‘‰ Active Bins are the only Bins receiving trading fees
πŸ‘‰Β Once market prices move to a different Bin, the previous Active Bin becomes inactive & stops acquiring fees
Read 6 tweets

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