Trader Joe's Launches Liquidity Book V2.2, Introducing Centralized Incentives
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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Netflix faces backlash for using AI-generated voice of Gabby Petito
Share link:In this post: Netflix used AI to recreate Gabby Petito’s voice in its new docuseries, and people are calling it disturbing and unethical. Viewers slammed Netflix online, saying AI shouldn’t be used to digitally recreate a murder victim’s voice for a documentary. Gabby’s family approved it, but experts argue that murder victims don’t get a say in how their voice is used after death.
Trump’s Republican allies unsettled by Elon Musk’s D.O.G.E
Share link:In this post: Elon Musk’s D.O.G.E. has gutted the CFPB, firing employees, shutting down enforcement, and wiping the agency’s name off its headquarters—leaving Trump allies worried it could backfire in court. Russell Vought and other Trump officials fear Elon’s reckless approach could bring lawsuits, allowing the CFPB to survive instead of being quietly dismantled. Government employees are suing the Trump administration anonymously, afraid Elon’s attacks on X and mass firings could put them at ri
Vitalik Buterin joins the resistance against the UK government’s push for Apple user data
Share link:In this post: Vitalik Buterin criticized the UK government for its recent demands for backdoor access to Apple user data. This will be the first time Apple is disabling its data security tool. Apple reassures users that some data, such as health app data, passwords, and communications on iMessage and FaceTime, will remain end-to-end encrypted.
President Trump Declares End to Biden’s Crypto War, Pledges US Bitcoin Dominance
Trending news
MoreCrypto prices
More
