Everything about JOE (JOE) cryptocurrency :
JOE
Trader Joe is your one-stop decentralized trading platform on the Avalanche network. Trader Joe combines DEX services with DeFi lending to offer leveraged trading.
1. Project introduction
Trader Joe exchange is an automated market maker (AMM) that helps users swap between two tokens.
(1) Farm Tokens: Trader Joe helps users to earn JOE tokens by staking their liquidity provider (LP) tokens.
(2) Stake Tokens: Stake your JOE tokens to earn more JOE via protocol fees.
(3) Borrow Tokens: Users will be able to lend and borrow tokens from Trader Joe, to earn yield or increase their trading leverage.
2. Team introduction
Co-Founder: Cryptofish
Twitter: https://twitter.com/cryptofishx
Co-Founder: 0xMurloc
Twitter: https://twitter.com/0xmurloc
3. Investment institution
Definance Capital, Three Arrow Capital, etc.
4. Application and distribution
Total supply: 500,000,000
Token application:
JOE is a governance token that also rewards its holders with a share of exchange revenues. The token distribution follows a fixed supply, decaying emission model.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.
Token distribution:
Liquidity Providers (LP): 50%
Treasury: 20%
Team: 20%
Potential Strategic Investors: 10%
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