We've come to the end of Trader Joe's #ArbitrumAdventure, and what a journey it's been! ✨

Over the past 3 weeks, we had the pleasure of welcoming over 21k participants as we explored leading Arbitrum #DeFi protocols and engaged with the #Arbitrum community

Highlights 👇
Following the successful launch of Liquidity Book on Arbitrum, we knew we had a unique opportunity to deepen our involvement within the Arbitrum community

#ArbitrumAdventure was our way of establishing a lasting relationship with #Arbinauts while showcasing leading protocols
As we look back on this incredible journey, it's only fitting that we take a moment to acknowledge the ecosystem partners who made this campaign possible

We look forward to continuing our collaboration with each partner with an aim of empowering the Arbitrum community
@GainsNetwork_io 🧑‍🚀

gTrade offers a liquidity-efficient, powerful, and user-friendly decentralized leveraged trading platform 🍏

The gTrade platform allows users to trade crypto, foreign currencies, and stocks with leverage in a decentralized manner with low slippage and fees
@Buffer_Finance 🧑‍🚀

Buffer allows users on Arbiturm to trade forex, crypto, and commodity exotic options in an entirely non-custodial way

Currently, more than ten assets ranging from DeFi blue chips to L1 tokens, are available for trading on Buffer Finance
@JonesDAO_io 🧑‍🚀

Jones DAO offers vaults for multiple tokens and various risk profiles on #Arbitrum, with an aim to generate yield through sophisticated strategies 🤠

Their Primary Vaults are designed to minimize risk and generate stable yield in all market conditions
@RDNTCapital 🧑‍🚀

Radiant aims to be the first omnichain money market where users can deposit & borrow assets across multiple chains

Radiant’s vision is to unite fragmented liquidity across multiple money markets & chains under one safe, user-friendly protocol
@vestafinance 🧑‍🚀

Vesta allows users to borrow the collateralized stablecoin $VST against supported crypto assets with low interest rates

$VST is built specifically for Layer 2s and is backed by a basket of high-quality decentralised assets: $ETH, $gOHM, $GMX, $DPX and $GLP
@GMDprotocol 🧑‍🚀

GMD is a yield optimizing and aggregating platform built on top of existing applications and $GMD’s reserve token on Arbitrum

GMD's main vault uses GMX's $GLP to generate yield while protecting depositors from impermanent loss through regular rebalancing
@PlutusDAO_io 🧑‍🚀

Plutus: The Layer 2 Governance Blackhole. Maximum rewards with maximum liquidity.

Plutus DAO is an aggregator aiming to maximize users’ liquidity and rewards while simultaneously aggregating governance behind the $PLS token
@AngleProtocol 🧑‍🚀

Angle is a decentralized, capital-efficient, and over-collateralized stablecoin protocol

Their over-collateralised $agEUR coin is pegged to the price of the euro while remaining highly liquid in all market conditions.
@Treasure_DAO 🧑‍🚀

Treasure is a decentralized video game platform connecting games and communities together through imagination, $MAGIC, and NFTs 🪄 

Every project listed on Treasure’s marketplace utilizes $MAGIC, with each community inventing its own lore and storytelling
@GMX_IO 🧑‍🚀

GMX is a decentralized spot and perpetual exchange that supports low swap fees and zero price impact trade

On GMX, users can long or short a variety of assets, including $BTC and $ETH, with up to 50x leverage and zero price impact
@LidoFinance 🧑‍🚀

Lido is the leading liquid staking solution - providing a simple and secure way to earn interest on your digital assets

With Lido, users can stake their $ETH and receive transferable $stETH or $wstETH receipt tokens.
We would like to extend our heartfelt thanks to our 11 ecosystem partners, whose support helped make this campaign a success

We look forward to continuing to engage with the Arbitrum community as we work to build a stronger, more vibrant DeFi ecosystem together.

🫡💙🧡

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More from @traderjoe_xyz

Feb 17
Trader Joe’s latest collaboration is with Vela Exchange, one of the most recent and exciting additions to the #Arbitrum💙 ecosystem, a perpetual futures platform that promises to empower #DeFi traders.

Let's dive in to learn more about Vela 👇
Vela, at its core, is a decentralized exchange offering perpetual futures, which allows investors to go short or long on a variety of tokens and currencies.
All trading on the platform is made possible through a $VLP vault, which is backed by $USDC and acts as a counterparty for all trades.

This means that all assets on Vela are "synthetic", with prices sourced through custom oracles.
Read 8 tweets
Feb 16
Trader Joe partners with @UniDexFinance to offer a primary and efficient source of liquidity on #Arbitrum💙 and soon #Avalanche

UniDex aims to aggregate everything in DeFi and already integrates dozens of liquidity sources across more than ten networks

Let's learn more 👇
UniDex's Instant Swaps allow users to get the best on-chain execution by combining quotes from 13 different aggregators.

The platform also offers off-chain MEV-protected swaps for those who want the best possible price for their tokens.
Besides being a spot aggregator, UniDex also allows users to trade perpetual futures for various cryptocurrencies.

All contracts are backed by the platform's liquidity pools, but with the V3 update, UniDex will be able to route futures orders to other DeFi protocols.
Read 7 tweets
Feb 10
Our research lead @MountainFarmer_ analyzed the January data for Liquidity Book's $AVAX / $USDC market to assess the growth and performance of its LPs…

And it’s a game-changer.

Here’s what he found 🧵
High-level:

📊 Avg TVL: $4.4MM
📊 Volume: $330MM
📊 Fees: $688k
📊 Daily Volume/TVL: 2.4x
📊 Daily Fees/TVL: ~1% every 2 days (or 185% APR)

👉 Takeaway: Liquidity Book's impressive capital efficiency translates to strong returns for LPs in the form of high APRs
Growth:

📈 TVL: $2.0MM to $6.2MM (+210%)
📈 Daily Volume (MA-7day): $1.5MM to $14.6MM (+870%)
📈 Daily Fees (MA-7day): $3k to $30k (+900%)
📈 New Unique LP Addresses: 1,432

👉 Takeaway: Significant growth across the board, including efficient liquidity utilization
Read 7 tweets
Feb 9
Liquidity Book incentives are now live on #Arbitrum💙

Here’s how to start claiming rewards today 👇
The LB rewards program is simple:

👉 Provide liquidity in and around the active bin, earn rewards
The pools page will have a clear indication if there are Liquidity Book rewards being applied to each pool
Read 8 tweets
Feb 8
YOU ASK, WE DELIVER!

Introducing the Liquidity Book Incentives Program

Where top performing mfers are rewarded 🫡 Image
TLDR:

• Liquidity Providers are scored and ranked on performance

• Scoring based on: Fee accrual and market up-time contribution

• Scoring conducted over epochs with vested rewards

• Partners can utilize program for an efficient way to distribute emissions
Why is this program Important? 🤔

• Effective LPs increase market up-time and improve liquidity depth

• Rewarding these LPs will help to retain and improve market participation

• This creates a positive flywheel for both trading volume & liquidity reserves
Read 8 tweets
Feb 6
Trader Joe 🤝 LayerZero

$JOE will be launched as an omnichain fungible token (OFT). This evolution of $JOE will unlock seamless connectivity for the $JOE token across all chains supported by the Trader Joe DEX.

Read more: joecontent.substack.com/p/trader-joe-i…
$JOE to become an OFT

By adopting the omnichain fungible token (OFT) standard, $JOE becomes a truly native, multichain token that can be bridged – without the security risks of ‘wrapping’ – to different blockchains with a 1:1 ratio.

🚀
What is LayerZero?

L0 leverages on-chain Ultra Light Nodes to deliver light-weight messaging across chains, providing authentic and guaranteed message delivery that meets the demands of an absolute security model, whilst also remaining highly efficient for the end user.

🔐
Read 4 tweets

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