Trader Joe Forms a Strategic Partnership with Ferrum Network
Trader Joe and Ferrum Network embark on a journey to bolster the Avalanche ecosystem and increase TVL and volume on the network!
Article published by Ferrum Network
Introduction
Announcing our Strategic partnership with Ferrum Network and membership into the Iron Alliance. Ferrum Network has recently deployed to Avalanche, our partnership with Ferrum and the Iron Alliance will help to secure their continued growth and expansion with Trader Joe as the preferred DEX. We look forward to helping them grow their presence, here on Avalanche🔺
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 The TJ Platform
▶️ Trader Joe Joins the Iron Alliance, our robust network of Partners
▶️ FAS to Refer Projects to Avalanche and Trader Joe
Ferrum & JOE 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 the 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
Ferrum conducts regular Leaderboard Competitions, which will involve the Ferrum Community concentrating trades onto specific or isolated pairs. With Trader Joe the preferred DEX on Avalanche, this competition will be facilitated on the Trader Joe Platform. We look forward to hosting the Ferrum Community whilst they engage in the Leaderboard Competition. Many of these users will be experiencing Avalanche and Trader Joe, for the first time.
“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
Partnering with the Ferrum Network also brings Trader Joe into the Ferrum Ecosystem; the Iron Alliance. Joining the Iron Alliance will be an excellent catalyst to more projects following Ferrum’s footsteps and launching on Avalanche and subsequently listing on the Trader Joe platform.
“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 our strategic partnership in place, we now have a direct line of communication with the Ferrum Team. You can expect many more FAS projects to launch on Avalanche.
In Conclusion
We are thrilled to be working with Ferrum, to help grow the Avalanche ecosystem further. Look out for collaborations with Ferrum including, buybacks, Leaderboard Competitions, A FRM Farm, and familiar faces from the Iron Alliance and Ferrum Advisory Services to make an appearance on Trader Joe.
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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