Avalanche (AVAX)-based decentralized exchange Trader Joe will launch its services for Ethereum scaling platform Arbitrum.
The development of the crypto money industry day by day gives life to many new projects. The second largest crypto platform, Ethereum, came to the fore with the problems it brought with it. The issues of scalability, cost reduction, and fast transactions have spawned Ethereum scaling platforms. One of them, Polygon, has achieved global popularity. Finally, Arbitrum, which emerged for the same purpose, attracts great attention from crypto investors. In addition, popular projects spend a lot of time integrating into the Arbitrum network.
Avalanche-Based Trader Joe’s Will Now Also Be On Arbitrum Network
Serving on the decentralized smart contracts platform Avalanche (AVAX), Trader Joe’s has taken a new step. The decentralized exchange announced that it will also serve for Arbitrum.
This new move also marks the first time Trader Joe’s has appeared on a different network since its launch. The decentralized exchange stands out for having the highest trading volume on the Avalanche network.
The platform will be activated on Arbitrum’s testnet in the coming days. It is also expected to launch a transition to the mainnet side early next year.
The decentralized exchange will have a limited release on the Arbitrum network. Features like its own token JOE, lending platform Banker Joe, and NFT marketplace Joepegs will only be available on the Avalanche network.
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