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Trader Joe DEX Expands Joepegs NFT Marketplace to BNB Chain
January 5, 2023
MINS
Trader Joe is bringing the top-ranked DEX and NFT Marketplace on Avalanche to BNB Chain by the end of March. Can PancakeSwap retain its dominance?
Trader Joe Top DEX on Avalanche
Trader Joe is taking its talents to BNB Chain. Can the top-ranked Decentralized Exchange (DEX) and NFT Marketplace on Avalanche make a serious run at PancakeSwap?
The official BNB Chain Twitter account announced the expansion on Jan. 5.
We have some exciting news #BNB fam!
— BNB Chain (@BNBCHAIN) January 5, 2023
DeFi platform @traderjoe_xyz is expanding its NFT Marketplace @joepegsnft and Decentralized Exchange onto BNB Chain. 🚀
[1/7] 🧵... pic.twitter.com/Ff8zTx3kBq
According to an accompanying BNB Chain blog post, the expansion is set to occur by the end of March.
“The deployment of Joepegs NFT Marketplace and Trader Joe DEX on BNB Chain will be completed before the end of the first quarter of the year,” Trader Joe Co-Founder Crypto Fish said. “BNB Chain is one of the most popular blockchains in the world, currently home to over 1,400 dApps with an active daily user base of over 1 million and we're very excited to introduce the Trader Joe experience to this thriving ecosystem.”
According to DefiLlama, Trader Joe is the top DEX on Avalanche with a Total Value Locked (TVL) of $83 million, including its lending Dapp and upgraded version Joe V2.
DappRadar puts Trader Joe in the one-number spot for Decentralized Applications (dApps) on Avalanche overall, with 62,000 Unique Active Wallets (UAW) in the past month. Joepegs comes in fifth with 14,000 UAW.
In context, PancakeSwap has $3 billion in TVL, accounting for 44% of BNB Chain’s TVL, and 1.4 million UAW in the past month.
LET THE ADVENTURE BEGIN... pic.twitter.com/Nmck74HN89
— Trader Joe🔺💙 | Live on Arbitrum 🌊📘 (@traderjoe_xyz) January 5, 2023
Meanwhile, the Uniswap Foundation is hosting a Twitter Spaces AMA on Jan. 5 to discuss a proposal to bring the super-heavyweight DEX to BNB Chain.
Reminder! Twitter Space tomorrow with @ILIA_0x from @0xPlasma to discuss his proposal to deploy Uniswap v3 to @BNBCHAIN
— Uniswap Foundation (@UniswapFND) January 4, 2023
Will discuss:
- 0xPlasma team
- the proposal
- bridges (**interested in feedback here**)
- open up to Q&A
Looking forward to it! https://t.co/KJWAyRXKCk
Trader Joe and Uniswap aren’t the only contenders vying to knock the BNB Chain chef’s hat off PancakeSwap’s head. Baby Doge Swap is counting on the huge following of Baby Doge Coin fanatics to build on its growing TVL of $34 million, while Wombat Exchange is seeking to increase its TVL of $100 million by branching out to an array of other blockchains.
Can PancakeSwap remain master of the BNB Chain kitchen? Will 2023 be the year PancakeSwap hegemony ends? Let the Battle of the DEXes begin!
What is BNB Chain:
Previously known as the Binance Smart Chain (BSC), BNB Chain is a community-driven, decentralized, and censorship-resistant blockchain that is powered by Binance. It consists of BNB Beacon Chain and BNB Smart Chain, EVM compatible and facilitating a multi-chain ecosystem. Through the concept of MetaFI, BNB Chain aims to build the infrastructure to power the world’s parallel virtual ecosystem.
Find more about BNB Chain here:
Website | Twitter | Discord | Telegram | GitHub |
Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
Disclaimer: This is a paid Ask Me Anything (AMA), BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement AMA for $2000 Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the AMA.
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Terraform Labs Founder Do Kwon Appeals Extradition Decision in Montenegro
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December 6, 2023
The appeal will be reviewed by the Montenegro court, and the Montenegrin Ministry of Justice faces challenges in reaching a conclusive decision by the December 15 deadline.
Kwon Do-hyung, the founder of Terraform Labs (TFL), has filed an appeal against the recent extradition ruling made by the High Court of Podgorica in Montenegro, according to a local South Korean media outlet.
The Montenegrin Court of Appeal confirmed on December 6 that Kwon Do-hyung contested the decision, stating, “I do not accept the court’s decision to extradite me, so I do not submit to the court’s decision.”
This appeal prompts the Montenegrin Court of Appeals to reassess the extradition decision, introducing uncertainty into the resolution timeline.
Extradition Request and Timeline
The court initially approved Kwon’s extradition request on November 24, stipulating his transfer to either the United States or his home country, South Korea.
The current appeal has altered the decision-making timeline, making it challenging for the Montenegrin Ministry of Justice to finalize the extradition destination before the December 15 deadline.
During the extradition trial, Kwon expressed a preference for being extradited to South Korea, a request that was granted by the court. However, the appeal has extended the timeline, potentially rescheduling the extradition proceedings to January, according to Crypto Times.
Despite Kwon Do-hyung’s appeal, local observers in Montenegro suggest slim chances of overturning the extradition decision. A prevailing belief among Montenegrin government officials and judiciary figures is that Kwon’s continued detention attracts undue attention.
Disclaimer: This is a paid Ask Me Anything (AMA), BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement AMA for $2000 Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the AMA.
Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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