DeltaPrime Partnership with Trader Joe
DeltaPrime Partnership with Trader Joe to unlock deep capital efficiency for the Avalanche ecosystem.
Empowering the active liquidity provisioning capabilities of the Liquidity Book AMM, DeltaPrime Partnership with Trader Joe
Liquidity is More Efficient, Flexible, and Composable with Liquidity Book
The Liquidity Book is Trader Joe’s newest AMM. By mixing discretized bins to create Liquidity Pools, this technique adds a fresh perspective to preexisting designs. Compared to conventional designs like the x*y=k AMM, this architecture enables a variety of ground-breaking advances while significantly increasing capital efficiency for liquidity providers.
Synergistic Protocols
The introduction of active Liquidity provisioning on Avalanche by Trader Joe, puts full focus on a more capital-efficient ecosystem. This makes for the perfect DeltaPrime partner, as the DeltaPrime protocol is the first trustless, undercollateralized borrowing platform on Avalanche.
Both methods optimize capital efficiency, creating the optimum synergy. Investors may allocate their own cash and borrowed capital to the most efficient Liquidity book LP-buckets using DeltaPrime. As a result, traders, liquidity providers, and builders all profit from the avalanche ecosystem.
At DeltaPrime’s launch, it will have Trader Joe V1 integrated. This integration includes swaps, and LP positions on Trader Joe. Shortly thereafter, Trader Joe V2, liquidity book, wil be integrated.
On DeltaPrime, Trader Joe users can expect:
- Swapping + LPing with extra liquidity
- Multiplied APY on (LB) LP positions
- Borrow against Trader Joe LP tokens
Trader Joe makes DeFi easy and efficient
Trader Joe launched in July 2021 and offers users a complete one-stop-shop DeFi experience, Trading and Yield Farming, Banker Joe Lending Protocol, Rocket Joe Launch Protocol and Joepegs an NFT marketplace. This complete DeFi package has propelled the dapp to be the most used platform on Avalanche as well as one of the top dapps across all blockchains. This partnership will open up DeltaPrime to a huge user base and in doing so, will help to unlock more liquidity for the Avalanche ecosystem.
About Trader Joe
Trader Joe is a one-stop-shop decentralized trading platform native to the Avalanche blockchain. Trader Joe offers a comprehensive DeFi platform where you can Trade, Lend and Leverage, participate in a Launchpad and shop for NFTs. Visit Trader Joe and discover what DeFi can really offer.
About DeltaPrime
Providing secure undercollateralized loans, redistributing assets with a focus on maximum capital efficiency. Being built on the strong foundation of the Avalanche network, Prime users are ensured of fast and reliable transactions for their most important investments.
