Let’s F***ing Joe (LFJ) Will Deploy to Monad on Day 1 of Mainnet
Joe will enter and expand the exchange to the Monad Ecosystem
TLDR: We like the Monad team and love the community. We are bullish on the tech and already feel a strong camaraderie among the native builders. LFJ will deploy everything on day 1 of Mainnet. The CLOB that has been built will launch on Monad, as a unique offering to the ecosystem.
LFJ Exchange to deploy onto Monad
Monad is set to become the most performant EVM-compatible Layer 1 blockchain, and LFJ will be a foundational part of its ecosystem. On Day 1 of Monad’s mainnet launch, LFJ will deploy the full LFJ exchange, ensuring users in the Monad ecosystem can gain immediate access to instant, low-cost token exchange. Additionally, LFJ will introduce the Central Limit Order Book (CLOB), code-named ‘Bid Barn,’ as an exclusive feature to the Monad ecosystem.
Why Monad?
LFJ has chosen Monad as the next blockchain for deployment. We believe the exchange will be well placed there, serving as a leading and foundational pillar for the ecosystem. Monad's next-gen technology offers clear potential as a blockchain that can level up DeFi. Beyond the tech, it’s Monad’s community-first culture that truly stands out. This culture emphasizes and champions both users and builders, with genuine empowerment. This is a culture that resonates deeply with our brand and ethos at LFJ. Where there is natural synergy, there is genuine alignment. Thus, we see Monad as a perfect ecosystem and home, for the LFJ exchange and community.
The LFJ Experience
LFJ’s mission is to provide users with the best onchain trading experience through instant, low-cost token swaps that can be accessed by the everyday Joe. Since launching in 2021, LFJ has facilitated over $130 billion in trading volume, but the jobs not done. As Monad gears up for mainnet launch, LFJ is preparing to roll out its full LFJ experience, including Liquidity Book offering zero-slippage swaps, a new aggregator protocol to guarantee users the best trading rates, and an exciting loyalty program.
Central Limit Order Book (CLOB)
The key new offering from LFJ will be the CLOB protocol, code-named ‘Bid Barn’. The CLOB will be exclusively launched on Monad, compromising as a unique offering to the ecosystem. Monad’s high-performance capabilities, with over 10,000 TPS, near-zero gas cost and 1-second block finality, making it the perfect environment for the CLOB to offer a CEX like experience fully onchain.
Monad Tech: What’s Special?
Monad has innovated in multiple areas that aim to address existing bottlenecks constraining the scalability, speed and cost of existing L1 blockchains. By redesigning Ethereum's consensus and execution systems and building from the ground up a custom database, Monad facilitates parallel transaction execution, single-slot finality and lowers the cost barrier of running nodes. This trifecta of innovation delivers rapid transaction throughput, sub-cent gas fees and enables genuine decentralization and scalability of the network whilst retaining full EVM compatibility.
TLDR: Monad is fast, cheap and very scalable.
Learn more about the Monad tech here
Let’s F***ing Joenad
As LFJ joins forces with Monad, we’ll be bringing instant, low-cost trading to the Monad ecosystem for all it’s participants. Whether you’re an everyday Joe or a professional trader, LFJ is the exchange for you. We’re taking a boots on the ground approach as we gear up to Mainnet day 1, so if you’re building on Monad and would like to build on top of Liquidity Book (DLMM), the Orderbook (CLOB) or arrange a general DEX partnership, we are keen to connect.
We’ll be announcing activations and community initiatives over the coming weeks, so lock in now and join the Joe Community and it’s Community Contributor Program (JCCP) as we work towards Day 1 on Monad Mainnet.
About LFJ (Formerly Trader Joe)
LFJ is a leading multi-chain decentralized exchange and the inventor of Liquidity Book, the most capital efficient AMM in DeFi. Trade tokens instantly, at low-cost, access one-click yield farming and shop for the latest digital collectibles at the Joepegs NFT Marketplace.