With every Mantle Ecosystem addition, Mantle is one step closer to becoming the DeFi hub of choice. And this time, we bring you a highly-anticipated collaboration with none other than Merchant Moe, a decentralized exchange (DEX) that features the innovative liquidity book protocol that will transform the on-chain trading experience for its users.
Fully Native DEX for Mantle Network
Designed and built to serve Mantle Ecosystem and its community, Merchant Moe is a franchise of Trader Joe and is uniquely positioned as a core trading and liquidity driver in Mantle. As a strong and compelling brand, Merchant Moe is set to foster a strong ecosystem of users who are motivated to engage with its intuitive and easy-to-navigate platform.
Fully aligned with Mantle’s values, Merchant Moe will seek to unlock the potential of DeFi on Mantle. With Liquidity Book, traders will be able to capitalize on market trends with reduced transaction costs and maximized fee potential for liquidity providers. Merchant Moe also empowers traders by offering yield-accumulating opportunities, notably through its $MOE staking program. This program is uniquely designed to provide dual benefits: It offers real yield derived from protocol fees through $sMOE, as well as voting power via $veMOE.
Mantle Support
- In accordance with MIP-28, Merchant Moe will receive liquidity support from the Mantle Treasury
- Merchant Moe is also a recipient of seed investment from Mantle EcoFund
The Road Ahead
The community can look forward to the rollout of the following offerings from Merchant Moe:
- $JOE Bridge to Mantle Network
- $JOE staking on Merchant Moe
- $MOE airdrop to $JOE stakers
- V1 AMM
- $MOE Farms + Gauge Voting and Bribes
- A concentrated liquidity platform “Liquidity Book”
“Mantle Network is building a truly novel DeFi ecosystem. They’ve got a lot of building blocks in place like RWAs and LSTs that are creating a chain primed for innovation. Merchant Moe will fit right into this ecosystem by bringing a top-tier DEX experience to the ecosystem and becoming the liquidity hub for all of these DeFi offerings,” shared 0xMurloc, co-founder at Merchant Moe.
“One of Mantle’s priorities is to collaborate with innovative blockchain projects that can take DeFi adoption to greater heights, and bring them to the Mantle community. We’ve seen unprecedented excitement and interest from the community at the Mantle-Merchant Moe alliance, and are stoked to drive further accelerated growth to liquidity offerings on Mantle. LFM!” said Edmund Chua, ecosystem researcher at Mantle.
