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$409.21 3.58319
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Bitcoin
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$3,314.89 2.13936
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BNB
BNB (BNB)
$409.21 3.58319
BNB price
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$112.82 4.35013
Solana price
XRP
XRP (XRP)
$0.5660330 -3.35953
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Shiba Inu
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$0.0000112 1.33842
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Pepe
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$0.0000030 5.02925
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El Hippo
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$0.0000000057390 2.90015
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Bonk
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$0.0000150 -2.87727
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Bitcoin
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$61,132.00 7.34887
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Ethereum
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$3,314.89 2.13936
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BNB
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$112.82 4.35013
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$0.5660330 -3.35953
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Shiba Inu
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$0.0000112 1.33842
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Pepe
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$0.0000030 5.02925
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El Hippo
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$0.0000000057390 2.90015
El Hippo price
Bonk
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$0.0000150 -2.87727
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Bitcoin
Bitcoin (BTC)
$61,132.00 7.34887
Bitcoin price
Ethereum
Ethereum (ETH)
$3,314.89 2.13936
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BNB
BNB (BNB)
$409.21 3.58319
BNB price
Solana
Solana (SOL)
$112.82 4.35013
Solana price
XRP
XRP (XRP)
$0.5660330 -3.35953
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000112 1.33842
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000030 5.02925
Pepe price
El Hippo
El Hippo (HIPP)
$0.0000000057390 2.90015
El Hippo price
Bonk
Bonk (BONK)
$0.0000150 -2.87727
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Trader Joe’s franchise Merchant Moe partners with Mantle for defi expansion

trader-joes-franchise-merchant-moe-partners-with-mantle-for-defi-expansion
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News
Trader Joe’s franchise Merchant Moe partners with Mantle for defi expansion

Trader Joe’s decentralized exchange franchise, Merchant Moe, has announced a significant partnership with Mantle, a rapidly growing DAO-led web3 ecosystem. 

This partnership revolves around the Ethereum Layer 2 Mantle Network and Mantle Liquid Staking Protocol, aiming to enhance users’ trading and liquidity provision experience.

Merchant Moe’s innovative Liquidity Book protocol is the first of its kind, representing a new breed of Automated Market Maker (AMM) that offers concentrated liquidity. According to the network, this will massively optimize capital efficiency and yield opportunities. 

Unlike traditional AMMs, Merchant Moe’s system allows users to concentrate their liquidity within specific price ranges, enhancing the token trading experience and maximizing fee earnings for liquidity providers with reduced capital requirements.

The Merchant Moe protocol is governed by the MOE token, which provides voting power to the users, enabling them to influence the liquidity distribution on the platform. This is facilitated through gauge voting and a bribe system, using veMOE to empower the community’s participation in shaping the platform’s liquidity landscape. The protocol also reached a new milestone this week, surpassing a TVL of $25 million. 

With the launch of Merchant Moe, several key offerings are unveiled, including a Version 1 AMM, a MOE airdrop for JOE stakers, and various staking and farming opportunities.

0xMurloc, the co-founder at Merchant Moe, expressed optimism about the partnership, stating, “Mantle Network is building a truly novel defi ecosystem. Merchant Moe will fit right in by bringing a top-tier DEX experience and becoming the liquidity hub for all these defi offerings.”

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