Trader Joe Q1

Trader Joe has announced their roadmap for the first quarter of 2022, and there is a lot to be excited about. Trader Joe has made major advancements since its early entry into the avalanche ecosystem and they are ready to expand on their already impressive offerings and provide some new innovations for the avalanche space.

Overall Avalanche.Today and our partners have taken notice and appreciate what TraderJoe has done ON and FOR Avalanche so far. We are excited for what’s to come and have hopes for their collaboration with other Avalanche native projects such as Avaware.Network that provides a wide offering of JLP farms on their platform already.

Announced for early Q1

  • Rocket Joe: DeFi Innovation for Decentralised Exchanges
  • Tokenomics Overhaul: Reduce sell pressure, return value
  • Decentralised Marketplace: Supporting NFT/Metaverse culture on Avalanche

We forked, we built and now we innovate

We are committed to driving the continued expansion of the Avalanche Ecosystem. Trader Joe will become a hub for DeFi innovation and an ambassador for NFT & Metaverse culture on the Avalanche Blockchain. To support this ambition, we are currently in the process of doubling our engineering, research, and quant teams. Trader Joe will nurture and accelerate the emerging consumer trends of the metaverse, tying in the natural synergies of DeFi.

The route ahead has been set, we plan to break new ground in DeFi R&D.

Trader Joe
Rocket Joe

A liquidity launch platform that enables price discovery and token distribution at the secondary market list price.

Joenomics V2

The current xJOE tokenomics are not incentivizing yield farmers across the DEX and Lending protocol enough to hold JOE Tokens. The existing tokenomics design will be overhauled to encourage stickier capital by offering more staking options & benefits to suit a variety of users.

Decentralized Marketplace

The emerging trend of the Metaverse is set to continue gathering momentum in 2022. As technology continues to develop and society explores new ways to interact with assets and each other, Trader Joe plans to develop and launch a Decentralised Marketplace to accelerate this trend. Trader Joe will become an ambassador of NFT culture and will develop a market-leading platform, to ignite the growth and integration of the metaverse, on the Avalanche blockchain.

Strong foundations for Q1 have been laid, delivering a tri-pronged plan that will drive the growth of the Trader Joe ecosystem for the betterment of Avalanche and our community. We will double down on our strengths, remaining agile, building fast, and incubating the latest in DeFi innovation — creating a one-stop-shop DeFi experience, like no other.

Trader Joe

Read all the details on Medium Here

Twitter | Discord | Telegram | Facebook | Instagram | YouTube | Facebook

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.