What is Merchant Moe? Merchant Moe is the next product of the Trader Joe’s development team and is considered the perfect version of itself on the Mantle Network ecosystem.
So will Trader Joe’s orientation to follow the franchise model instead of multichain bring this project to a dead end? And what is Merchant Moe? Everyone, let’s find out in the article below.
Overview of Merchant Moe
What is Merchant Moe?
Merchant Moe is a Native AMM built and developed on the Mantle Network ecosystem. The reason for the birth of Merchant Moe comes from the cooperation between Mantle Network and Trader Joe’s development team, so Merchant Moe has many similar characteristics to Trader Joe including:
- Basic components of an AMM platform such as Trade, Pool, Stake and Farm.
- Merchant Moe also owns Liquidity Book – a centralized liquidity mechanism, developed by Trader Joe.
According to Trader Joe’s team, Merchant Moe is a Trader Joe’s franchise on Mantle Network with sponsorship from Mantle EcoFund. There is a high possibility that Mantle Network will use its EcoFund to buy back all of Trader Joe’s products, including that Trader Joe’s development team must also participate in the process of building Merchant Moe and after its success. Merchant Moe will be operated by DAO and Mantle.
With Trader Joe’s franchise products, Merchant Moe will always be updated with the latest technology from this platform.
Merchant Moe’s Difference
Although built on Trader Joe’s platform, Merchant Moe still has a number of differences such as:
- Merchant Moe will be built and developed with new products to suit the needs of users on the Mantle Network ecosystem.
- Merchant Moe will also be redesigned to the Tokenomics model for further optimization.
Development Roadmap
Update…
Investor
Merchant Moe is developed based on Mantle EcoFund by the Trader Joe’s team.
Tokenomics
First Airdrop event
The only way for investors to own MOE is to hold and stake with JOE. This opportunity is divided into 2 phases including:
- Phase 1: 2.5% of Merchant Moe’s total supply will be shared with those who hold and stake with JOE with mJOE on Merchant Moe.
- Phase 2: 5% of Merchant Moe’s total supply will be shared with those who hold and stake with JOE with mJOE on Merchant Moe.
Exchanges
Update…
Project Information Channel
Summary
Merchant Moe is expected to become one of the largest and most popular Native AMMs on the Mantle Network platform. Hopefully through this article, everyone can understand more about what Merchant Moe is?
