TLDR:
• sJOE deposit fee has been removed
• All current sJOE stakers will receive a 1% rebate
• sJOE will open on #BNBChain in the coming days
• sJOE will open for #Arbitrum and #Avalanche with V2.1 rollout
Deposit Fee
sJOE is the much loved 'utility' for $JOE.
To truly embrace an omnichain future and to fully realize $JOE OFT utility, the deposit fee for sJOE will be removed. $JOE can be traversed across chain and access sJOE on any chain, with total ease.
Where top performing mfers (Liquidity Providers) are rewarded 🏆
Dive down to see results from Epoch 1 and details for Epoch 2...👇
🤔 Quick Recap: What is this program?
• LPs compete to earn $JOE Tokens
• Each LP is scored and ranked over a time period
• Scoring based on: Fees earned + TVL contributed
• To qualify LPs have to generate >1% of total fees
🌊📘
📘 Epoch 1 Details
• 100k $JOE allocated to 3 #Arbitrum Markets
• 50k $JOE to $ETH - $USDC
• 25k $JOE to both $GMX / $MAGIC - $ETH LPs
• Epoch 1 Duration: 8th to 14th Feb
⚡️ Proposal: ‘JP-12 Open $GMD / $WAVAX Market'
✅ Successful with over 2.2m $JOE votes!
Trader Joe will be supporting @GMDprotocol by providing exclusive liquidity provisioning for $GMD on #Avalanche & #Arbitrum💙
As a leading yield aggregator, GMD has successfully grown its partnership with Trader Joe to span across multiple chains, enabling users to optimize and enhance yield generation on both #Avalanche & #Arbitrum💙
Trader Joe and GMD will work together to generate more #RealYield for $GMD holders while continuing to minimize risks for vault depositors
With Liquidity Book:
✅ $GMD traders enjoy ~zero slippage swaps