Pera’s Swap Farming for Trader Joe’s
Pera Finance first swap farming integration with Traderjoe to utilize Pera’s volume-boosting tools. In pursuit of optimizing the platform’s liquidity in a sense that would both benefit the protocol and its users for the entire DeFi space.
As of today $PERA will be listed on Joe’s Tokenlist, and they will be getting a top spot on the Farm page. PERA x JOE is coming to incentivize you as you’ve never had!
4,444,444 $PERA will be distributed to LPs providing liquidity to the PERA-AVAX pool.
About The Integration
Starting April 15th, Pera Finance will deploy our smart contract and conclude the process. Meanwhile, everything is set and ready to go for the first swap farming demonstration.
The first swap farming campaign will last for 14 days, and the campaign will be initiated simultaneously with the launch.
The first ever pools Pera will boost with the Swap Farming tool are:
PERA — AVAX
We will reward 44,450 $PERA every day, a total of 622,300 $PERA will be rewarded throughout the campaign.
WAVAX — UST
They reward 88,900 $PERA every day, a total of 1,245,000 $PERA will be rewarded to traders throughout the campaign.
Trader Joe, while leading the DEXes on Avalanche, can put on top of its competitive edge and utilize our tool to boost its selected pools and increase their efficiency while providing users with an improved user experience.
Liquidity Mining
Joe’s double farms will be available for the PERA-AVAX pool for 15 days and will yield $PERA + $JOE to LPs.
For now, Trader Joe will only utilize the swap farming tool.
About Trader Joe
Trader Joe is a one-stop-shop decentralized trading platform native to the Avalanche blockchain. Trader Joe builds fast, securely and aims to serve the community at the frontier of DeFi. Maximize your yield generating activities under one fully integrated roof, providing you with a unique, innovative, and highly accessible DeFi experience.
About Pera Finance
Pera Finance is the first DEX optimizer designed to secure and boost long-term trading volume, improving the capital efficiency for the entire DeFi space. Pera Finance is a service provider offering decentralized trading competitions with customizable parameters and adjustable swap farming tools to manage protocols’ liquidity while improving the user experience.
SOURCE
https://perafinance.medium.com/pera-integrates-swap-farming-to-trader-joe-bf18f8cb8455