Memecoin Rush is Live 💎👐 • Stake memecoins into single-sided vaults (no IL) • Epoch 1 Duration: 29th 12pm - 5th 12pm (GMT) • $AVAX rewards distributed at the end of Epochs • Stake now and prove your Diamond Hands Full details below 👇
🔺 What is Memecoin Rush? An initiative to support the growing community coin presence on #Avalanche backed by the Avalanche Foundation. Memecoin rush offers new utility for memecoins, by introducing single-sided staking for $AVAX rewards. https://t.co/3rKZE5jmcp https://t.co/BnwEUnp82R
📜 In case you missed the news, on Thursday Trader Joe shared plans for an upcoming Memecoin Rush program, where over the coming weeks participants will be able to stake popular 'Memecoins' to earn $AVAX and more.
⚡ Culture, creativity and community are at the heart of this campaign. It is an invitation for everyone to be part of something new, engaging and fun.
👉 Learn more about this campaign here: https://joecontent.substack.com/p/avalanche-memecoin-rush-with-trader
The leaderboards reset tonight at 00:00 GMT so get ready to start a new Epoch.
🗓️ Dates: 23rd Mar - 5th Apr 💙 The last of the $ARB ⚡️ Double rewards with partners
Dive down to see participating Liquidity Pools
Meme staking announcement next week 🔺
Auto-Pool Yield Farms: #Arbitrum
Last chance to earn $ARB as these rewards END on the 29th! As part of our STIP Grant program agreement, all unused $ARB returns to the DAO on the 29th. https://t.co/eCN2Vkcnav
Journey through time with Trader Joe and @TimeswapLabs 🕰️
The $JOE market on @TimeswapLabs is now live, enabling you to activate time-based lending with your $JOE tokens. Borrow $USDC against your $JOE while you continue to collect the underlying sJOE yield. Or lend $USDC for a fixed-rate yield. _____________________
⏳ How to Borrow on Timeswap
• Deposit $JOE • Borrow $USDC • Use that $USDC elsewhere • Payback your loan before maturity 📅 _____________________
🫳 Lending Options: Earn with USDC Rather not borrow? Become a lender of $USDC instead and earn a fixed-yield, paid in $USDC upon term completion.
Additionally, if any borrower fails to repay their position, you may also earn a portion of the collateral. _____________________
⚠️ Risks Everything in DeFi has risks. As a Borrower you must repay the debt before maturity, else their collateral will be forfeited. In the case of a Lender if a Borrower defaults on their position they may not receive back the original amount lent out and/or may receive back tokens that were not lent out.
Your capital is at risk and you should conduct your own due diligence before undertaking any yield farming in DeFi. _____________________
The Avalanche Foundation have announced a $1m memecoin rush program. Trader Joe will play an integral role, offering users the ability to stake memecoins and earn $AVAX .
Get ready to prove your diamond hands 💎👐
The rush is about to start ...
Memecoins on #Avalanche 🔺
@AvalancheFDN are committed to nurturing culture and creativity. 'Memecoins' are embraced for their strong brand proposition & loyal community following. They can add depth and diversity to any ecosystem. Trader Joe is aligned in support.