Prop-005, Trader Joe Farm Swap!
This new proposal aims at adjusting expired partnered staking Farms and introducing a Farm Swap with TraderJoe!
One thing some may notice is the changes result in a net 0.1x weight gain resulting in a positive APR gain across ALL farms.
Our new Farm introduced in this proposal is FTM-JOE with a weight of 0.5x. JOE is the token of TraderJoe, the largest DEX on Avalanche and this signals a cross chain farm swap between our two protocols! If this new Farm is implemented, Trader Joe will introduce a stake AVAX-BOO Joe LP earn JOE farm on avalanche! In addition, both BOO and JOE will be added to the SpookySwap bridge on the Fantom <> Avalanche route.
Finally, the https://retreeb.io/ team will be refilling the xBOO TREEB pool to continue partnered staking!
| Farm | Weight (old) | Weight (new) |
|---|---|---|
| FTM-SHADE | 0.4 | 0 |
| FTM-TREEB | 0.8 | 0.6 |
| New Farm | Weight |
|---|---|
| FTM-JOE | 0.5 |
To learn more about the JOE Community, Grim advises you to visit their official communication channels:
- Website: https://traderjoexyz.com/
- Twitter: https://twitter.com/traderjoe_xyz
- Telegram: https://t.me/traderjoe_xyz
- Medium: https://traderjoe-xyz.medium.com/
- Discord: https://discord.com/invite/GHZceZhbZU
- Github: https://github.com/traderjoe-xyz/
- CoinGecko: https://www.coingecko.com/en/coins/joe
Off-Chain Vote
Yes
2.56M 92.8%
No
199.91K 7.2%
Timeline
Nov 17, 2021Proposal created
Nov 17, 2021Proposal vote started
Nov 18, 2021Proposal vote ended
Oct 26, 2023Proposal updated