The collaboration of DeFi shopping platform Trader Joe and Joepegs NFT Market will allow users to participate in the launch of the new NFT collection
Trader Joe Continues to Collaborate with Other Blockchains
Trader Joe’s is keeping up with the trend of merging various DeFi protocols with different chains with its integration with Arbitum last month. For example, Uniswap and Aave protocols integrated with many different chains last year to gain more users. The DeFi shopping platform Trader Joe and its affiliate Joepegs NFT Market will likely be on the BNB chain at the end of March.
Statement
According to the company’s statement, this change means that BNB chain users will be able to participate in the launch of the new NFT collection through the Joepegs NFT Marketplace.
According to DeFiLlama, although there has been a significant drop in trading volume since June, Trader Joe has the largest trading volume among all apps on Avalanche. Joepegs is used by 34 thousand users and has earned more than $ 9.5 million in second sales.
Alvin Kan, director of operations and development at BNB chain, said: “We do not doubt that the efficiency and security of the BNB chain, together with the user-focused offerings of Trader Joe DEX and Joepegs NFT, will enable the development and proliferation of the NFT and DeFi ecosystems.”
Source
https://www.theblock.com
Check out more of our latest news here
Leave a comment