CDS Crypto News Trader Joe’s DeFi Shopping Platform and NFT Market Will Be Included in the BNB Chain
Crypto News

Trader Joe’s DeFi Shopping Platform and NFT Market Will Be Included in the BNB Chain

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trader joe's

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

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.

Trader Joe's

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

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The author is 28 year old student recently graduated from Celal Bayar University, Faculty of Medicine. Currently he works as a writer and translator for different platforms.

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