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
Trump says US economy faces transition with 60% recession risk

Bitcoin Reaches $97K Amidst Sluggish Network Activity: Time for Investor Alarm?
Unpacking the Paradox: Skyrocketing Bitcoin Values Amidst Noticeable Downturn in Network Activity

XRP price risks 45% decline to $1.20 — Here is why
Ethereum Analyst Foresees 2025 Breakout Despite Market Trends
Trending news
MoreCrypto prices
More








