Bitget App
common_footer.down_desc
common_header.buy_cryptocommon_header.marketscommon_header.tradecommon_header.futurescommon_header.social_tradingcommon_header.grid_tradingcommon_header.earn
Trader Joe's Launches Liquidity Book V2.2, Introducing Centralized Incentives

Trader Joe's Launches Liquidity Book V2.2, Introducing Centralized Incentives

CointimeCointime2024/06/17 11:28
coin_news.by:Cointime

Decentralized exchange Trader Joe announced that Liquidity Book V2.2 has been launched, which introduces the hook function of Liquidity Book and has implemented centralized incentives. Centralized incentives specifically refer to the mechanism that LB pools are equipped with local, real-time, and fully on-chain mechanisms to incentivize LP. Each LB pool will have a reward range and distribute reward tokens to LP based on the liquidity ratio. The reward range is anchored to the active warehouse and moves in sync with the fixed range of warehouses 1-11 (maximum value). The goal of LP is to maintain liquidity within the reward range to maximize incentive share. Additionally, Trader Joe will launch Arbitrum incentives tomorrow, and 755,000 ARB tokens will be distributed as incentives in about 30 liquidity pools.

0

coin_news.disclaimer

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

coin_news.may_like

Tron Switches to Chainlink for Better Data in DeFi Apps

Tron, a key player in the world of cryptocurrency, recently made a big change by switching its Oracle provider to Chainlink

Altcoinbuzz2024/11/01 16:44

BTC falls below $69,500

Cointime2024/11/01 16:11

BNB falls below $570

Cointime2024/11/01 16:11