The Pool Party: Get Ready to Dive In
Pack your Trunks. The Pool Party Quest is here.
The Auto-Pool Pool Party 🍹
To promote the launch of Auto-Pools - Trader Joe’s latest product launch - Trader Joe is hosting an on-chain event called The Pool Party. This will be an exclusive guest-list only mintable NFT collection with some premium rewards attached for lucky users that support the launch of Auto-Pools.
What is an Auto-Pool? 🤖🌊
Auto-Pools are an automated liquidity management solution built for Liquidity Book. Users can access Auto-Pools by depositing Tokens into an Auto-Pool that will execute a strategy to manage the distribution of Liquidity in a Liquidity Book pool. Auto-Pools make it possible to access the power of Liquidity Book, without the requirement to manage an individual position.
Auto-Pool Selected Launch Strategies:
Arbitrum: ETH - USDC
Avalanche: AVAX - USDC
How to enter the Pool Party?
1,000 lucky winners will be randomly chosen and given a ‘guest-list’ (whitelist) to the Pool Party NFT Mint. To enter the lucky raffle, deposit at least $100 into any active Auto-Pool strategy within 24 hours of launch. A snapshot will be taken at the 24 hour mark from the launch time. A further snapshot will happen in the preceding one to three week period. All users who are captured in both snapshots, will be given 1 entry into the raffle draw for the Pool Party NFT Mint that will be hosted on Joepegs.
Unlock Bonus entries with the Community Circle
If you are captured in the snapshots and unlock your entry to the Pool Party, you can also unlock additional entries to boost your chances of being selected for the Pool Party NFT Mint. There are specific Community Roles that can be unlocked via the Trader Joe Guild.xyz page. Each Role acquired will count as an additional entry into the raffle draw. By unlocking these roles, you can boost your chances of winning by 10x. All roles are mentioned below and the details of these roles and how to unlock them can be found here
All roles can be acquired on the Trader Joe Guild.xyz community
To Summarize: How to enter the Pool Party
Users must deposit at least $100 in any Auto-Pool strategy within the first 24 hours
Users must also hold at least $100 in any Auto-Pool strategy on the 2nd snapshot, which will happen 1-3 weeks after launch
If a user is recorded in both snapshots with a TVL of at least $100 they are eligible to enter the raffle for the Pool Party mint
Users can unlock bonus entry chances by unlocking Trader Joe roles in Discord or by holding a Galxe Pool Party NFT that has an attribute of ‘Invite’ (Green check mark)
Each wallet can only win once, unlocking bonus entries will not increase the number of times you can be selected, they serve to only increase your chances of being selected.
Some examples:
User 1:
Is captured in the snapshot and receives +1 entry into the raffle draw
Has Joepegs Rank 1 up to Rank 4 and will receive +4 bonus additional entries into the raffle draw
Has a total of 5 entries
User 2:
Is captured in the snapshot and receives +1 bonus entry
User currently holds the Galxe Pool Party NFT and receives an additional +1 bonus entry
Has every eligible community rank and therefore will receive an additional +8 bonus entries
Has a total of 10 entries
User 3:
Was not captured in the snapshot so receive no entry into the raffle draw
Has the Rocket Joe Rank 4 + Rank 5 so would receive +2 bonus entries, however user was not captured in the snapshot and is not eligible
Has a total of 0 entries - due to not being captured in the AutoPool snapshot
The Pool Party Rewards
The Pool Party free mint will be hosted on Joepegs marketplace. The collection is 1000 in size and will feature Pool Party wristband NFTs, which will provide access to a range of exclusive rewards.
All NFTs are transferable, giving users the freedom to trade them with others as they please. There are five different rarities of wristbands available, including:
1. 0xMurloc VIP & Cryptofish VIP
The Murloc VIP (x1) and Cryptofish VIP (x1) wristband NFTs present an exceptional opportunity to engage in a one-on-one session with 0xMurloc and Fish (respectively), the founders of Trader Joe, Joepegs, and Joe Studios. Tap into their expertise and knowledge by picking their brain on any topic.
3. Downbad Donkeys VIP
DBD VIP (x5) wristband NFT unlocks an opportunity to get a custom-made Downbad Donkey honorary, a Joe Studios upcoming collection.
4. JOE VIP
One Hundred winners holding a JOE VIP (x100) wristband NFT will share a pot of $5,000 worth of $JOE token airdrop.
5. On the Door Not so VIP
Even though On the Door Not so VIP holders won't receive any extra exclusive rewards, they will still be part of the collective Trader Joe Community Circle Program and will be required to unlock Discord Roles that level up users in the Pool Pals Community Role and the Indiana Joe Rank 3.
Community - Pool Pals 🦩
As part of The Pool Party campaign, a new segment has been revealed in Community Circle called Pool Pals. During this limited time period, you can collect this event-driven role.
To level up your Pool Pal Joe Community role:
Note: This role will launch in the coming week(s)
Pool Pal Joe (Rank 1): Awarded from the launch snapshot taken within 24 hours
Pool Pal Joe (Rank 2): Launch snapshot + holding at least $250
Pool Pal Joe (Rank 3): Launch snapshot + holding at least $500 + 1 Pool Party NFT
Pool Pal Joe (Rank 4): Launch snapshot + holding at least $1000 + 1 Pool Party NFT + 1 Galxe Pool Party NFT (Any)
Get ready to make a splash at our Pool Party and celebrate the launch of auto-pools with us!
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.
im new in web3 and im still not awared of when Auto-Pool Pool Party will be launched, how to hold any tokens in Auto-Pool strategy, can somebody help me? thanks!