Trader Joe Becomes Ferrum’s Preferred Partner DEX on Avalanche
Trader Joe and Ferrum Network embark on a journey to bolster the Avalanche ecosystem and increase TVL and volume on the network!
Dear Ferrum Community,
As most of you are aware, we have now taken the leap into the Avalanche ecosystem. In order for us to add as much value to the network as possible, the next logical step for us was to onboard Avalanche’s #1 DEX as our Preferred Partner DEX; Trader Joe!
What Does This Partnership Entail
TL/DR
▶️ Ferrum and Trader Joe to Deploy an incentivized Farm
▶️ FRM Buybacks to Take Place on Trader Joe
▶️ Ferrum to Conduct Leaderboard Competitions Utilising the Trader Joe Platform
▶️ Trader Joe Joins the Iron Alliance, our robust network of Partners
▶️ FAS to Refer Projects to Avalanche and Trader Joe
Ferrum and Trader Joe to Deploy an Incentivized Farm
In order to reward new and existing FRM and JOE holders and encourage Liquidity, Ferrum and Trader Joe will deploy an incentivized Farm that rewards liquidity providers in both JOE and FRM.
FRM Buybacks to Take Place on Trader Joe
Ferrum conducts bi-monthly buybacks along with buybacks for every one of our B2B product sales. With Trader Joe as our preferred partner DEX on Avalanche, this will encourage healthy volume for the FRM/AVAX pair on the Trader Joe platform.
Ferrum to Conduct Leaderboard Competitions on Trader Joe
The recent advent of the Ferrum Leaderboard Competitions has taken our community by storm. With millions of FRM sold in just a few short competitions, it’s evident that the efficacy of these competitions is profound. Considering we isolate the buy pressure to one DEX per competition, this is bound to facilitate hundreds of unique wallets to interact with Trader Joe. Many of these will likely be interacting on the Avalanche network for the very first time! Not only will this bring new users to Avalanche and Trader Joe but it will encourage an immense amount of volume on the DEX as well.
“Since its inception, our Preferred Partner DEX initiative has been one of the most fruitful sectors of the Iron Alliance. This relationship with Trader Joe will prove to serve as a textbook example of the mutually beneficial partnerships that we strive for at Ferrum. We couldn’t be more excited to partner with Trader Joe and look forward to aiding in the continued growth of the Avalanche ecosystem together!”
— Nick Odio, EVP Partnerships & Growth at Ferrum Network
Trader Joe Joins the Iron Alliance
We’re proud to introduce Trader Joe to Ferrum’s ecosystem of partners; the Iron Alliance. We believe that the presence of Trader Joe in the Iron Alliance will be an excellent catalyst to more projects following Ferrum’s footsteps and launching on Avalanche and subsequently listing on Trader Joe.
“Trader Joe is committed to the continued growth of the Avalanche ecosystem and this strategic partnership with Ferrum and the Iron Alliance, will be an important cornerstone in the continued pursuit of that ambition. We welcome Ferrum and we’re excited to start working together”
- Blue, Marketing Lead at Trader Joe
Ferrum Advisory Services to Refer Projects to Avalanche & Trader Joe
Ferrum Advisory Services (FAS) has now incubated around 2 dozen successful projects to date with many more in the pipeline. We get inquiries about Avalanche from these projects often since we typically take them on pre architecture. Now that our products are integrated with the network and we are Official Ecosystem Partners of Avalanche, we have a direct line of communication with the team. You can expect many more FAS projects to launch on Avalanche. You know what that means… more token listings, TVL and volume on Trader Joe!
In Conclusion
We are thrilled to be working alongside Trader Joe. Look out for buybacks, Leaderboard Competitions, and familiar faces from the Iron Alliance and Ferrum Advisory Services to make an appearance on Trader Joe. Don’t forget to stack your JOE and FRM bags by joining the Incentivized Farm at https://traderjoexyz.com/#/farm.
Stay tuned!
Very truly yours,
The Ferrum Network Team
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.
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