Participate to unlock accelerated $SVY rewards. The campaign kicks off NOW, to participate provide liquidity into the following pools on #Arbitrum:
โข $svUSD-USDC
โข $svETH-ETH
โข $svBTC-WBTC
๐ How to get involved
โข Supply liquidity and accrue fees
โข The more fees you accrue the higher your score
โข Rank in the top 20 per LP to secure rewards
โข The higher your score the more $JOE you earn
โข For more details visit the TJ Discord
๐ธ Community: Makers Club
Whilst this program is a competition, plenty of community members actively strategize together, join the Trader Joe Discord to engage and discuss.
All participants that unlock rewards will climb the Makers role and unlock access to the Makers Club.
โข โข โข
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The most efficient yield-bearing index asset on Arbitrum - $ALP, has landed on Trader Joe.
Developed by the @nitrocartel, $ALP offers exposure to #Arbitrum blue chips inside one transferable index token.
ALP includes assets such as $JOE, $ETH and $RDNT and automatically rebalances in response to the market.
Tokens inside the index are dynamically deployed into the yield-generating strategies across the ecosystem, with the yield flowing back to the ALP stakers.
The ALP index and the entire Arbitrove platform are governed by the $TROVE token holders.
They can decide on the future direction of the protocol, asset composition of ALP and new indices.
Liquidity Book Pools offer true customization, markets can be configured to support any and all types of assets.
Thatโs why Savvy have chosen Trader Joe, as their key partner on #Arbitrum to host liquidity for $SVY and their synthetically tied assets $svUSD, $svETH and $svBTC.
๐งโ๐ซ Start with Savvy
Savvy DeFi offers a comprehensive platform where users can earn, borrow, spend, and invest, all seamlessly on #Arbitrum.
This functionality is facilitated by the use of 'svTokens', synthetic assets minted when users deposit collateral.
๐ธ Your DeFi journey, visualised
By depositing collateral and minting synthetic tokens, users gain access to borrowed assets. These can then be deployed in a range of DeFi activities, from yield farming to trading NFTs, or even off-ramping.
LEVEL finance is one of the fastest-growing perp DEXes in #DeFi. It offers minimal price impact for traders and innovative risk management for liquidity providers.
They are also one of the newest partners of Trader Joe and deploying onto #Arbitrum on the 15th (tomorrow).
So what can you do on Level Finance?
Users can long or short $BTC, $ETH and other cryptocurrencies, with up to 50x leverage and minimal price impact thanks to decentralised oracles supplying asset prices.
Liquidity for trades on Level is supplied through three tranches - Senior, Mezzanine and Junior.
Each tranche is a separate liquidity pool with its own risk parameters and asset composition.
Setup automated buy or sell orders that execute with no swap fees or slippage.
Power your liquidity provisioning with automated DCA in or out orders.
Trade with ease, efficiency and on your terms.
Limit Orders will have two options available for users:
1๏ธโฃ Place Order
โข Define a specific price point to swap at
โข Accessible on the Trade page
2๏ธโฃ Pool Order
โข Deposit liquidity over a specific range
โข Use to DCA in/out of a token
โข Accessible on the Pool page
๐ On-chain and Automated
When placing a Limit Order, liquidity is deposited into an LP with conditions attached to withdraw that liquidity, when the desired price point is reached.
Liquidity when withdrawn, is held via a smart contract that you can claim from at anytime.
One of the core innovations offered by #DeFi is the ability for everyone to be a liquidity provider. Market making is no longer just for the suits, but is accessible to the regular Joe's.
Here is everything you need to know about LP on Trader Joe ๐
What actually is a Liquidity Provider?
Liquidity providers are the most critical actors in DeFi. They are the ones who supply Liquidity into a Pool, which is then used by an algorithm to facilitate swaps between tokens.
Liquidity Providers (Makers) 'make the market'
Why be a Liquidity Provider?
For supplying liquidity, liquidity providers are rewarded with real yield through fees collected by a DEX on each swap.
In some cases, they might also receive additional token emissions in a process known as Yield Farming.
Trader Joe is building a Liquidity Hub for an omnichain future, starting with #Avalanche, #Arbitrum and #BNB.
It all begins with omnichain fungible tokens (OFTs), a new standard developed by @LayerZero_Labs. OFTs solve 3 main issues associated with cross-chain token transfers...
๐ Liquidity
Liquidity is the lifeblood of ecosystems. Thanks to OFTs, protocols to easily establish liquidity on new chains while being able to effortlessly handle even large transfers.
๐งฎ UI/UX
OFTs make it easy to move from one chain to another, even for inexperienced users. In the future OFTs could even allow for seamless omni-chain dapps...Intrigue.