A Month in the Joe-verseā¦
August was another huge month for all Joe-lovers!
Trader Joe made a giant splash this month with the long-anticipated release of the whitepaper for our next-generation AMM ā The Liquidity Book šš
Joepegs and the team over at Joe Studios also had a big month ā smashing records and smashing rocks left and right āļø āļø
Letās take a dive into all the happenings from Augustā¦
Trader Joe Updates
Letās cut straight to it ā the Liquidity Book.
This month marks the start of a new era for AMMās, and weāre proud to bring this innovation to you from our home here on Avalanche. Itās truly a big stepā¦ but it can be complicated to understand. Hereās a few breakdowns to help you get your head around the benefits that Liquidity Book brings to the market:
Liquidity Book Features:
Concentrated Liquidity
Improving capital efficiency for LPs by enabling higher returns on capital
Cheaper swaps! Reduced price impact for traders with zero to low slippage trades
Smart routing between v1 & v2 ensure traders always receive the best rates
Zero JOE emissions required to support pools opened on Joe v2
Efficient Liquidity Management
Ground breaking design allows users to adjust positions in one swift transaction, vastly improving efficiency over existing solutions in the market and opening up the possibility for highly efficient vault strategies
Bespoke Liquidity Positions
With the Liquidity Book AMM LPs are entirely in control, with the ability to create any type of Liquidity structure. Deploy unique and custom strategies, to fit any risk profile and goal
Relevant links:
Twitter Spaces: DeFi Downloads
Itching for some DeFi knowledge from big names in the space? Tune into our show ā DeFi Downloads. Listen in and prepare yourself for the inevitable return of the next DeFi season.
DeFi Downloads | Ep #3 ā Recap
DeFi Downloads | Ep #4 ā 1st September
veJOE Milestone ā 1 BILLION
Six months ago we introduced the vote escrow model for $JOE. Now there are more than a BILLION $veJOE tokens in existence. With over 16m $JOE permanently locked by JOE wars participants
We say thanks to our partners that have built onto top of $JOE to offer veJOE boosted yields to their users, you can read the full digest of this milestone here:
Farming Opportunities
DeFi is slowly but surely waking back up. Here are some yield opportunities for those of you itching to get back in the game:
Stake $DCAR/$USDC. Earn $DCAR
Stake $yyAVAX/$USDC. Earn $yyAVAX+$JOE
Stake $AVAX/$OBX. Earn $JOE+$OBX
Borrowing/Lending Opportunities
Our old friend Banker Joe has returned with two new markets!
Supply + Borrow $USDT (80% Collateral Ratio)
Supply + Borrow $BTC.b (75% Collateral Ratio)
Joepegs Updates
Ending the summer on a high note, August was chock full of new and exciting launches. From pixel art to creatures of clay, this month had a bit of something for everyone.
What can you expect for next month?
A slowed pace. Weāre listening to the community. Quality > Quantity š¤
Check out this months projects: Joe Launchpad
UX Updates: New features who dis? Thatās right. You might not even recognize our homepage after the complete make-over it received. Let me just sayā¦itās looking niceeee š¤©
Check out the other new updates that shipped this month:
NFT Reactions š
Project Analytics š
Custom Profiles š¤³
Listing Depth š
Joe Studios
Itās been an entertaining month for both Smol Joes and Rich Peon, Poor Peon. Hereās a rundownā¦
Smol Joes: On We-Smol, the Creeps finally arrived and did so with conviction. Already claiming their first victim in Brother Haste, they clearly arenāt messing around. Meanwhile, the brothers took on multiple live-action ādungeon crawlingā events to collect trinkets and learn more of the secrets that this Smol world might hold. The battle between Joes and Creeps rages on as we speak. Not to mention the official reveal of the World Map.
What lays ahead for the Kingdom of We-Smolā¦
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Rich Peon, Poor Peon: This month was a major breakthrough for rich peons and poor peons alike. With the richest of peons gathering in the newly founded Beeg Rock Board Room, the poor peons made a major breakthrough in their mining capabilities and absolutely smashed the floor. Even the poorest of peons is worth 15x what they were worth only one month ago. The Board CEO has big plans to continue the smashing. The Mined Map gives a glimpse into the plans for the future. Itās truly an exciting time to be a peon.
Free Mint Mondays
Wowā¦and just like that and our favorite summer tradition has already come to an end.
Free mints. You were fun while you lasted. Now itās time to turn a new leaf. Our weekly Monday spaces arenāt going anywhere thought. Theyāre just getting a makeover.
Say hello to our new show ā š°SHOW ME THE MONDAYSš°
Get ready to play live NFT games such as āWho wants to be a Joemillionareā and āDeal or No Dealā. Get your wallets ready. Time to win some $JOE!!
Whitelist Wednesdays
We all know that the WL is the secret sauce to getting your hands on your favorite NFTās. So weāve got a proposition for all of you on the hunt for WL spotā¦ Join us on select Wednesdays for an exciting Spaces and you might just get the chance to win a WL spot for upcoming mintsā¦ Weāll see you there.
Joe Content
Whether youāre seeking to understand the mechanics behind the revolutionary new Liquidity Book ~or~ looking to hear the stories behind top-quality art coming to Avalancheā¦ weāve got you covered. Check out this months long-form content here:
Trader Joe
Joepegs
Protocol+Avalanche News
Interesting Threads
Growing the AVAX NFT Eco ā Joepegs
Onboarding from ETHāAVAX ā Joepegs
Want to join Joe?
We are a team of bad ass builders, operators and meme lords on a mission to build the best products in Web 3.0. We care deeply about community values, user experience and delivering impact. Check out our Job Board here:
https://traderjoexyz.notion.site/traderjoexyz/JOE-Job-Board-9ee3c58a53834eb6ba930a95de9593b3
About Trader Joe
Trader Joe is a one-stop-shop decentralized trading platform native to the Avalanche blockchain. Trader Joe builds on the frontier of Decentralized Finance, providing users with an innovative and unique trading experience that is seamless, accessible and empowering.
TwitterĀ |Ā DiscordĀ |Ā YouTubeĀ |Ā NFTS
About Joepegs
Joepegs is the trusted NFT Marketplace on Avalanche. A home built for creators and collectors from all walks of life, to serve as the cultural hub for premium digital assets. Discover and interact with digital art and culture at Joepegs.