TLDR
Joepegs and Trader Joe will reduce BNB Chain support to near-zero levels
Free mints launched by Joe Studios will be verified collections on OKX/OpenSea
Bon Voyage, BNB Chain.
At Trader Joe, we're driven by the ambition to build and grow. This ambition prompted us to expand our platforms to new chains, seeking growth for Joepegs and Trader Joe in new ecosystems during the bear market's depths. Our goal was to widen our user base and bolster the brands and communities behind them. One area we ventured into was the BNB Chain, deploying both our NFT Marketplace and the DEX.
The decision to expand to BNB Chain was made with an outlook towards the future, considering the chain's rich history, well-supported team, and established ecosystem. We envisioned an ecosystem that would enable us to genuinely broaden our horizon for Joepegs and Trader Joe, tapping into more artists, collectors, traders, and liquidity providers to share and thrive together.
However, as our journey unfolded, it became clear that the objectives set out were not going to be met. The expansion to BNB Chain failed to meet our benchmarks and expectations, leading us to the decision to withdraw support for both Joepegs and the Trader Joe DEX. We are now underway with the final steps needed to reduce our support to a near-zero level.
For Joepegs, we took an ambitious step and we found out pretty quickly. In retrospect, the Avalanche ecosystem has a rich culture, and we’re here to stay and focus on fostering that further. For Trader Joe, while we saw some momentum on BNB Chain in mid-2023, our primary aim is to nurture our foundation on Avalanche and remain committed to Arbitrum.
It's important to note that as a DEX, certain functionalities, like access to liquidity pools, will remain unaffected; users will always be able to withdraw their liquidity. For Joepegs, collections launched by us are verified on OKX Marketplace and soon OpenSea.
We hold great respect for the BNB Chain team and the wider ecosystem and wish them all the best for the future. For both Trader Joe and Joepegs, our BNB Chain journey stops here.
Whitelisted Collections
Berbs:
https://www.okx.com/web3/marketplace/nft/collection/bsc/berbs
https://bscscan.com/address/0xf3c0204514a0a93dc7c865cbed18b4a066d73447
Joe Bites:
https://www.okx.com/web3/marketplace/nft/collection/bsc/joe-bites
https://bscscan.com/address/0x8b7839632ef91b959c56a3ba451f3e5470d4c675
Flamigos:
https://www.okx.com/web3/marketplace/nft/collection/bsc/flamigos
https://bscscan.com/address/0x5052ac087abec4f16f4d0981f3e7a1bc735dd477
About Trader Joe
Trader Joe is a leading multi-chain decentralized exchange and the inventor of Liquidity Book, the most capital efficient AMM in DeFi. Trade your favorite tokens, access one-click yield farming and shop for the latest digital collectibles at the Joepegs NFT Marketplace. DeFi has never been easier thanks to Trader Joe.