DeFi trading platform Trader Joe expands Joepegs NFT marketplace and decentralized exchange to BNB Chain, the world’s largest smart contract blockchain by daily active users. Users of the BNB chain can enjoy discovering premium digital collections, participate in the launch of his new NFT collection using Joepegs NFT Marketplace, and liquidity book, the most efficient AMM in decentralized finance. can be used to trade tokens.
Trader Joe’s Crypto Fish co-founder said:
“The deployment of Joepegs NFT Marketplace and Trader Joe DEX on the BNB chain is expected to be completed before the end of the first quarter of this year. Home to over 100,000 dApps and an active user base of over 1 million per day, we are very excited to bring the Trader Joe’s experience to this thriving ecosystem.”
Alvin Kang, Director of Growth and Operations at BNB Chain, said: Being able to discover and trade premium digital collections and being able to participate in the launch of his new NFT collection is a huge benefit to our community. We believe the efficiency and security of the BNB chain, combined with the user-friendly products of Trader Joe DEX and Joepegs NFT Marketplace, will drive the growth and success of the broader NFT and DeFi ecosystems. ”
Joepegs is Avalanche’s most popular NFT marketplace with over 34,000 users. Web3’s cultural hub and home to all creators and collectors, in secondary sales he facilitates over $9.5 million. Joepegs has best-in-class his NFT Launchpad, including built-in pre-mint features, allowing both creators and collectors of BNB chains to join his exciting NFT launch providing a smooth and accessible experience. It’s the perfect addition to your
“We understand what collectors and creators want: a premium experience. Users trust us to deliver innovative Web 3 products without sacrificing accessibility. This is why we are the number one marketplace on Avalanche.”
As part of this introduction, the Liquidity Book Automated Market Maker (AMM) introduced on the BNB Chain will bring the most efficient DEX experience to users of the BNB Chain ecosystem.
Trader Joe’s Liquidity Book offers low rates for swaps and centralized liquidity provisioning for liquidity providers. It features an innovatively designed volatility accumulator that controls the volatility-adjusted dynamic fee and a discretized bin architecture that allows liquidity to be centralized. Also, zero slippage on swaps minimizes transaction fees, and a configurable architecture with replaceable token receipts facilitates integration with existing protocols within the ecosystem.
