⭕️ Community Circle Part 3: Liquidity Book Roles
For fame and fortune!
The Community Circle packages many of Trader Joe’s core offerings into an accessible rewards track for engaged community members. Participants can choose to specialize or generalize within Trader Joe’s Community Circle, with a variety of categories to suit your DeFi interests. To get involved, all you have to do is complete quests, which will be announced via Trader Joe’s discord.
A core part of the collective Trader Joe ecosystem is Liquidity Book, a highly innovative automated market maker that facilitates cheap swap fees and enables active management of liquidity. focuses on users of Liquidity Book, Trader Joe’s innovative AMM. The ‘Bin Wizard’ and ‘Market Maker’ categories will be accessible to users who actively support and interact with Liquidity Book on a regular basis. As with all Community Circle categories, the ultimate aim is to achieve Rank 4, unlocking our most exclusive tier.
Champions & Advocates of Liquidity Book
Liquidity Book is an innovative, but complex protocol. Liquidity Providers deposit assets into ‘Bins’ and can utilise the flexibility of these fungible token holding containers helping to propel the possibilities of yield generation. Bins are the key to increasing capital efficiency and to truly master the Bin, you must embrace the Bin. By wizarding with your wand, Liquidity providers can use Bins to deposit liquidity across multiple price ranges and receive a share of trading fees for providing liquidity. Magic.
Community members that actively champion and support the Liquidity Book AMM, can unlock the Bin Wizard Role and access community perks, premium questing opportunities and token rewards and community programs. Bin Wizards are the champions and advocates of Liquidity Book and will help to shape the future and success of the Liquidity Book protocol, those who are truly worthy of the Bin Wizarding Wand will be amongst the noble and knowledgeable few of the Trader Joe Community. This role will be facilitated using Crew3 where successive questboards will be launched, completion of each questboard will unlock and progress the ranks in this community segment.
Bin Wizard Community Reward Track
For Fame & Fortune
Fancy yourself as a Market Maker (Liquidity Provider)? The Market Maker community segment can be unlocked exclusively through ranking high enough in the Liquidity Book Rewards Program. With each epoch in the rewards program you will be scored and your rank will determine your ability to progress through the Market Maker Roles. This is all about fame and fortune.
Participate as a Liquidity Provider (Market Maker), score high enough and gain access to The Maker Club. This role will be facilitated using Guild.xyz where each role can be unlocked pending acceptance by an allowlist that is updated following each epoch in the LB Rewards program.
Market Maker Community Reward Track
The highest Liquidity Book ranks will be reserved for the most active community participants, unlocking perks for an elite group of members. This segment is a vital element of Trader Joe’s community circle, championing innovation on a product and social level . If you would like more information on these platforms or the Community Circle in general, please visit the Trader Joe discord. Please note that the specific requirements for upgrading your Community Circle roles may be subject to change.
About Trader Joe
Trader Joe is a one-stop-shop decentralized trading platform and the creator of Liquidity Book, the most efficient AMM in DeFi. Trader Joe offers a comprehensive DeFi platform where you can Swap Tokens, Yield Farm, Supply and Borrow and shop for NFTs. Visit Trader Joe and discover DeFi today.