ChainCatcher news, Trader Joe has launched a DEX specifically for the Mantle Network. The official Merchant Moe announced on social media that it has initiated a proposal for MOE staking upgrades, which will reward stakers with mETH (Mantle Network LSD ETH token).It is reported that this upgrade aims to strengthen and incentivize MOE staking.

ChainCatcher news, the Mantle ecosystem DEX Merchant Moe has officially launched, and users can now deposit liquidity and trade in the Moe Classic AMM pool. In addition, Merchant Moe announced that it will start the MOE token airdrop on January 8, and after the airdrop goes live, features such as MOE staking, veMOE voting, and liquidity mining will also be introduced.Previously reported, the decentralized exchange Trader Joe launched the DEX Merchant Moe specifically designed for the Layer2 network Mantle, along with the new token MOE. JOE holders will receive 2.5% of the total supply of MOE tokens during the MOE token generation event (TGE) and will receive an additional 5% over the next 12 months.

ChainCatcher news, decentralized exchange Trader Joe has launched DEX Merchant Moe specifically designed for Layer2 network Mantle, along with a new token MOE. Merchant Moe is used to expand the liquidity established by Trader Joe to Mantle.JOE holders will receive 2.5% of the total supply of MOE tokens at the TGE, and will receive an additional 5% over the next 12 months.