Decentralized exchange Trader Joe announced that Liquidity Book V2.2 has gone live. V2.2 introduces the peg function of Liquidity Book, and centralized incentives have been implemented. Centralized incentives specifically refer to LB pools equipped with local, real-time, and fully on-chain mechanisms to incentivize LPs. Each LB pool will have a reward range. Reward tokens are allocated to LPs according to the liquidity ratio. The reward range is anchored to active positions and moves in sync with the fixed range of 1 - 11 positions (maximum). The goal of LP is to keep liquidity within the reward range in order to maximize the incentive share.
In addition, Trader Joe will launch the Arbitrum incentive tomorrow, and 755,000 ARB tokens will be distributed as incentives in about 30 liquidity pools.
Trader Joe Launches Liquidity Book V2.2, Introducing Centralized Incentives
2024-06-17 11:03:10
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
Trader Joe上线Liquidity Book V2.2，引入集中激励功能Next article：
自2023年10月以来，矿工余额减少了约30,000 BTC
