LFJ (Joe)

**Monad's DLMM pools are delivering extraordinary yields** with some positions reaching 45,500% APR through concentrated liquidity strategies. **Key Details:** - 100,000 MON deployed in Dynamic Liquidity Market Maker pools - **Reward Range APR** calculated using tight 10 basis point ranges (3 bins) around active price - **Pool APR** averages total TVL against 24-hour fees plus rewards **How It Works:** - Actual APR depends on your deployed range tightness and liquidity distribution - As long as MON price stays within your range, yields can reach **4-digit APR levels** - Tighter ranges around current price maximize efficiency and returns **Boosted Pools Available:** - MON-USDC, AUSD-USDC, wstETH-MON - Various aprMON, gMON, sMON, and shMON pairs - Rewards distributed via Merkl - **claim directly from their dashboard** These yields reflect current low TVL conditions. Returns will adjust as more liquidity enters the ecosystem.

**Trader Joe's Dynamic Liquidity Market Maker (DLMM) posted impressive metrics:** - **TVL increased 36%** in 8 hours - **Volume surged 136%** during the same period - **APR jumped 73%** for liquidity providers The platform recently hit **$6.5M in daily volume** - the highest since April 2024, signaling renewed momentum. *DLMM's automated market making continues attracting liquidity as DeFi activity picks up.*

**Trader Joe has activated incentives** on its Liquidity Book DLMM pools on the Monad network. **Key Features:** - Liquidity providers earn both **$MON and $JOE rewards** plus trading fees - MON/USDC pool generated **$27.5K in fees** this week - **Real-time, on-chain reward distribution** mechanism **Performance Metrics:** - Pools achieved **10x utilization rates** daily in Week 1 - Zero-slippage architecture captures maximum trade flow - Significantly outperforms other Monad DEXs in volume-to-TVL ratio **How It Works:** - Rewards distributed based on **proportional liquidity share** - Reward range moves with active price bin - Keep liquidity active to **maximize earnings** More incentive programs are planned for the future.

**Monad's mainnet officially launched** three days ago, marking a significant milestone for the layer-1 blockchain network. The **MON token** is now live alongside the mainnet, following the Foundation's earlier announcement from November that promised a launch this month after the airdrop claim period. **Community focus has shifted** to an unexpected debate: determining Monad's official mascot. This question has emerged as a primary discussion point among users in the days following the mainnet launch. The successful deployment represents the culmination of Monad's development as a **high-performance blockchain** designed to compete in the layer-1 space.

Trader Joe is phasing out V1 Limit Orders. Users can no longer set up new Limit Orders, but existing ones remain active. These can be cancelled or left to execute, with no rush to claim converted tokens. A V2 version of Limit Orders is in development and will be released after the deployment of a new Aggregator Router. This update aims to improve the trading experience on the platform. Users are advised to stay tuned for further announcements regarding the launch of Limit Orders V2.

Struct Finance, a platform that introduces structured products, is deploying up to $1 million in AVAX Rush Incentives. Users can deposit assets into Struct-Pools for fixed or variable yield options. Struct is expanding its Leaderboard system and collaborating with Trader Joe to provide innovative structured yield products in the Avalanche ecosystem.

The lead developer of EvoVerses, the monster battling game in development, will be live in the arena tonight. Trader Joe is now on Debank and users are encouraged to join the Trader Joe Debank Group. Only a few days left to rank on the Leaderboard and earn rewards. xALGO Pools are currently popular on Avalanche. $BEAM, the native token of the BuildonBeam Subnet, is now available for trading on the Avalanche DEX. JOE stakers now have the option to earn yield through mJOE. The DEX on Mantle is now live.

Trader Joe community members are advised not to click on random links or fall victim to scams. The airdrop will happen at a specific time, and participants must stake their JOE into mJOE to receive the MOE airdrop. JOE can be bridged to Mantle via LayerZero, and can be bridged back to sJOE on Arbitrum or Avalanche. The amount of MOE received depends on the percentage of JOE staked. MOE is a fair launch airdrop and initial MOE can only be acquired via JOE stakers in mJOE. Participants are warned about potential volatility and lack of liquidity on the launch of the airdrop. Community members are urged to avoid clicking random links and to trust Trader Joe and Merchant Moe.

Trader Joe community announcements include a community call with DeFi Kingdoms showcasing their game, setting up a Core Wallet, Layer3's Christmas Quest, Opulous' launch of OPAL on the Trader Joe DEX, Cryptex collaboration and Christmas message, ongoing ARB Rewards and vesting of Epoch 18 Rewards, user safety reminders, and upcoming Christmas party on the 27th.

Join the Trader Joe community tonight for a gaming event on Avalanche. Play MegaWeapon and have a chance to win $JOE prizes for ranking top in the matches.