<p></p><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/40945629d2d54daf8488f8d886a18a8f.jpeg" /></p><h3 id="multi-chain-expansion">Multi-Chain Expansion</h3><p>Trader Joe will be deploying the highly innovative and efficient Liquidity Book AMM onto Arbitrum One, a next-generation Layer-2 network, bringing zero slippage trades and discretized liquidity provisioning to all Arbinauts.</p><h3 id="strong-why-arbitrum-strong"><strong>Why Arbitrum?</strong></h3><p>Arbitrum is the leading Ethereum Layer-2 scaling solution, developed by Offchain Labs. Since launching in August 2021, TVL has grown to hold a majority share (over 50%) in the L2 segment and the ecosystem home to more than 400 DeFi and NFT projects. The Arbitrum ecosystem is packed with progressively innovative protocols, as well as having presence from many industry leading DeFi protocols. Deploying Liquidity Book onto Arbitrum, will be a great addition to the vibrant ecosystem.</p><h3 id="strong-exporting-innovation-strong"><strong>Exporting Innovation</strong></h3><p>Avalanche is the birthplace and true home of Trader Joe and that will not change. Avalanche will remain our <strong>top priority</strong> for all growth efforts.</p><p>Our aim was to always innovate on the frontiers of DeFi at a global level. We have achieved our first step with the launch of our new AMM, Liquidity Book, the most efficient AMM built to date that offers an unparalleled user experience that is fully on-chain and decentralized.</p><p>Deployment to Arbitrum One is the next step in this global expansion effort and we look forward to introducing the innovative AMM built on Avalanche, and also working with new partners to benefit the collective DeFi ecosystems of Arbitrum and Avalanche.</p><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/29d075aebdf1408e9046760862804d0c.jpeg" /></p><h3 id="strong-what-exactly-is-deploying-onto-arbitrum-strong"><strong>What exactly is deploying onto Arbitrum?</strong></h3><p>Liquidity Book AMM and Joe V1 will deploy on the Arbitrum One network, this move will combine a next generation AMM protocol with a next-generation Layer-2 network. A quick recap on Liquidity Book:</p><p>The Liquidity Book AMM is highly efficient, flexible and composable AMM</p><p><strong>The key features of Liquidity Book AMM:</strong></p><ul><li>Novel Volatility Accumulator that controls a volatility adjusted dynamic fee</li><li>Discretised bin architecture enabling the concentration of liquidity</li><li>Composable architecture with fungible token receipts</li><li>Minimal trading fees, thanks to zero slippage swaps</li></ul><p><em>For a full recap of the Liquidity Book AMM check out this article: <strong><a href="https://joecontent.substack.com/p/introducing-liquidity-book" rel="noopener noreferrer nofollow">Link</a></strong></em></p><h3 id="strong-what-is-not-deploying-onto-arbitrum-strong"><strong>What is NOT deploying onto Arbitrum?</strong></h3><p>Trader Joe will not be deploying the JOE Token, nor the full suite of DeFi products that has been built on Avalanche in this initial phase. For clarity, the below graphic clearly highlights what is deploying and what is not deploying on Arbitrum One.</p><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/5389a9aa43274a0eb66cccee09656529.jpeg" /></p><p><em>Disclaimer: Whilst this is the primary plan, there may or may not be changes in the future</em></p><h3 id="strong-what-is-the-expected-timeline-for-deployment-strong"><strong>What is the expected timeline for Deployment?</strong></h3><p>Trader Joe is working closely with the Offchain Labs team to launch onto the Arbitrum testnet within the coming days. We expect that mainnet will be deployed onto the Arbitrum One network by early January and all communications will be prompt in the expected timeframe.</p><h3 id="strong-twitter-spaces-strong"><strong>Twitter Spaces</strong></h3><p>Please join us on the 5th of December at 3pm UTC where Trader Joe will be hosting a <strong><a href="https://twitter.com/i/spaces/1lDGLnOEvZLxm" rel="noopener noreferrer nofollow">Twitter Spaces</a></strong> event with the Offchain Labs Team.</p><p></p><h4><strong>About Trader Joe</strong></h4><p><strong>Trader Joe</strong>  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.</p><p><a href="https://twitter.com/traderjoe_xyz" rel="noopener noreferrer nofollow">Twitter</a> | <a href="https://discord.com/invite/GHZceZhbZU" rel="noopener noreferrer nofollow">Discord</a> | <a href="https://www.youtube.com/channel/UCIriYwNuDjvpWCoeUKNDGhg" rel="noopener noreferrer nofollow">YouTube</a> | <a href="https://joepegs.com/home" rel="noopener noreferrer nofollow">NFTS</a></p><h4><strong>&#x1f535;&#x1f7e0; About Arbitrum</strong></h4><p>Arbitrum One is a leading Ethereum Layer-2 scaling solution developed by Offchain Labs. An Optimistic Rollup, Arbitrum One provides ultra-fast, low-cost transactions with security derived from Ethereum. Launched in August 2021, the Arbitrum One mainnet beta is EVM-compatible to the bytecode level and has 50%&#43; TVL in the L2 segment. 400&#43; DeFi and NFT projects are live in the ecosystem to date. In August 2022, Arbitrum One upgraded to Nitro tech stack, enabling fraud proofs over the core engine of Geth compiled to WASM.</p>

Trader Joe to Deploy to Arbitrum One

Table of Contents

LFJ

Other articles published on Dec 2, 2022

Joining in RODO Investment DAO

1 Click Instant Sync for the OK Blockchain | Released

The Best Things about Exercise for your Mental Health

The very first winter digest

Awesome BitShares Blockchain - December 2022 edition

SBF Political Donations Are "Fraudulent Transfers."

Join our free newsletter for daily crypto updates!