Crypto Exchange Trader Joe Booms on Arbitrum, Spurring JOE Token Rally

Key metrics began booming right after Trader Joe launched a liquidity incentives program to boost deposits of popular tokens for trading, particularly Arbitrum’s newly airdropped ARB. Users who loaned ARB, ether (ETH) and USD coin (USDC) to Trader Joe’s pools got a share of 300,000 JOE tokens. The incentives program ends April 6.

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