Trader Joe (LFJ) JOEPrice $ 0.161

Trader Joe is your one-stop decentralized trading platform on Avalanche, Arbitrum, BNB Chain and Ethereum.

Features

Trade Tokens

• The exchange is an automated market maker (AMM) that helps users swap between two tokens.

Farm Tokens

• Trader Joe helps users to earn JOE tokens by staking their liquidity provider (LP) tokens.

Stake Tokens

• Stake your JOE tokens to earn more JOE via protocol fees.

Borrow Tokens

• Users will be able to lend and borrow tokens from Trader Joe, to earn yield or increase their trading leverage. 

Emissions

All tokens are distributed according to emission schedule. That means that the team funds and treasury funds are distributed at same pace as our LP farms.

We also have an allocation hold out for future investors. It means that if Trader Joe were to raise investor funds in the future, these investors would enter after the token launch, and not before.

Revenues

• 0.05% of all trades are paid to xJOE staking pool.

• A share of fees from lending interest and liquidations will also be paid to the xJOE staking pool. The % will be determined at launch of lending product.

• JOE token holders may stake their JOE to xJOE and receive a share of the revenues.

Distribution

All JOE tokens will be emitted according to distribution portion. Team, Treasury and Future Investor funds are emitted at schedule as public distribution to LPs.