Day 4 in the Arena: Solid day of playing around with Pharaoh (
$Phar) - both seamlessly swapping tokens, LPing in some pairs (
$KET /
$WAVAX), and time-locking some
$PHAR for rewards and gauge direction.
A lot of people talk about "single sided liquidity" this cycle, which is essentially limit sell orders within the curve. All possible in Pharaoh's liquidity provisioning design.
Seems like a quality improvement on the OG Trader Joe, and Pharaoh will continue to become the liquidity layer for Avalanche as it grows.
TLDR:Β Pharaoh is Avalanche's Meteora or Aevo, but without the crime! Intuitive UI / UX for traders, and high customization for liquidity providers.
