ICYMI: Updates from last week

• Permissionless Pools: 25bps
• sJOE V2.1 fee share active on Avalanche
• Migration to V2.1 ~80% completed
• Liquidity Book Rewards: Epoch 4
• $JOE is ultrasound Image
📘 Permissionless Pools

The final tier is now open:
• 25 bps (0.25% base fee)

You can now open a 25bps, 50bps or 100bps Liquidity Book Pool using ANY token.

Live on #Avalanche, #Arbitrum and #BNB
🐖 sJOE

#RealYield fee sharing from Trader Joe.

Fees are now being distributed from Liquidity Book V2.1 pools to sJOE stakers. Remittances can be seen on the sJOE page.

#Arbitrum and #BNB 'soon' Image
🌊 V2 to V2.1 Migration

Liquidity is now ~80% migrated. Highlighting that V2.1 is now establishing depth which in turn will help to drive more volume and fees to these pools.

Thank you to @1inch @odosprotocol and @SlingshotCrypto for their integration of V2.1.
🪙 Liquidity Book Rewards: Epoch 4

Epoch 4 wrapped up on the 5th, results are being tallied up and will be shared (along with rewards distribution) in the coming days.

Stay tuned for the announcement for Epoch 5.
📉 Emissions Reduction

Every month emissions are reduced. On the 3rd of May $JOE emissions were reduced from 1.5 to 1.25 per second.

Daily $JOE entering circulation is now ~2088 (down from ~2486).

$JOE is long-term, sustainable and ultrasound.
Lots to come this month, so take a seat and grab a drink 🍹

Trader Joe is here to build the most accessible and capital efficient decentralised exchange. DeFi has never been easier. Image

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More from @traderjoe_xyz

May 11
Trader Joe welcomes @MELD_Defi

MELD is a first-of-its-kind non-custodial liquidity protocol that recently deployed onto an #Avalanche Subnet.

Users can access traditional banking services thanks to MELD fusing together fiat and crypto services.

Lets explore more below: Image
MELD protocol is harnessing the power of DeFi to build a Borderless and Democratic financial system.

It aims to offer a wide range of tools and services - from Crypto-Backed loans to Debit Cards.
The protocol has a strategic partnership with MELD Finance neobank to offer regulated services in traditional finance.

The goal is to provide our users with a simple and hassle-free solution to the current problems they face when dealing with digital currencies.
Read 9 tweets
May 11
Let's talk about Auto-Pools 🤖📘

Auto-Pools will allow users to access Liquidity Book without the need to manage a position.

Auto-Pools will optimise your liquidity for you, giving you a one-click yield farming solution built for Liquidity Book.

How do they work? 👇
Liquidity Book offers an unprecedented level of flexibility for liquidity providers, but not everyone can manage their position themselves.

❌ Rebalancing is difficult
❌ It can be expensive and risky
❌ It takes time and commitment to master

What if there was an easier option?
Solution: Auto-Pools 🤖✅

Auto-Pools democratise access to active liquidity provisioning by offering a one-click "set and forget" solution.

Auto-Pools do this by automating liquidity management via strategies that are built to optimise liquidity with user deposits. Image
Read 9 tweets
May 10
1️⃣ LB Rewards: Epoch 4 Results

• 95 Makers qualified
• Sharing 210k $JOE tokens
• Makers average fees: $1.7k
• Makers average $JOE rewards: 2.2k

Master Liquidity Book and you can unlock $JOE rewards, helping to boost your yield further + give you access to the #MakersClub Image
2️⃣ 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
• To qualify LPs have to generate >1% of total fees
• More fees you accrue, more rewards you earn
3️⃣ Epoch 4 Details

Maker rewards allow for targeted incentivization. Only the best Liquidity Providers will qualify for a share.

Epoch 4 had 210k $JOE Tokens allocated over 2 weeks distributed amongst the below markets. ImageImage
Read 8 tweets
May 10
That’s a wrap! 👏

With a bittersweet feeling, yet another successful #AvalancheSummit came to an end. Hats off to @avax for their hard work in this amazing event.

The Frens Party II was undoubtedly the highlight of the Summit. We laughed, danced, and got wet in a pool 💦
The Pool Party 💦

The Pool Party was a truly unforgettable event, celebrating the upcoming launch of Auto Pools 🤖🌊 The walls came alive with vibrant artwork, Pool Water cocktails flowed freely, and new friendships were formed 🥂 Image
3/ Trader Joe Node

The TJ node was buzzing with activity, as community members and partners dropped by to say hello and vibe with the team.

The energy was palpable. Our community is the backbone of everything we do, and it was a joy to connect in person.
Read 9 tweets
May 9
Liquidity Book is not just the most efficient AMM on the market, it is also an effective platform for conducting token launches and bootstrapping liquidity.

Protocols like $LOTUS are already taking advantage of discretized bin liquidity and the flexibility it enables. Image
How does it work?

With Liquidity Book, projects can conduct fair launches by depositing single-sided token liquidity across a wide range and letting the market decide what the price should be.

Example: Image
Developers can also build liquidity strategies tailored to their specific token designs and goals.

And because all liquidity in LB is fungible, it can be easily adjusted and rebalanced to adapt to market conditions and protocol's state.
Read 6 tweets
Apr 28
Get ready for @GoGoPool_ TODAY 🎈

GoGoPool are here to turbo-charge the proliferation of #Avalanche Subnets.

Trader Joe is delighted to support GoGoPool by providing a dedicated liquidity hub for both $GGP and $ggAVAX. Image
$GGP (GoGoPools native token) is now whitelisted ready to trade after the @AvalaunchApp TGE.

Users will be able to swap $GGP + provide liquidity using Liquidity Book, via a Permissionless Pool which is open for single-sided $AVAX now.
GoGoPool have also started a governance proposal to establish a $ggAVAX - AVAX market.

This process is live now in the Trader Joe Discord, join and contribute to the discussion to show your support 💜
Read 11 tweets

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