Trader Joe is a One-stop-shop decentralized trading on Avalanche
trader joe幣, $JOE is the native token of Trader Joe, a decentralized exchange (DEX) on the Avalanche $AVAX blockchain that offers DeFi services, including swapping, staking and yield farming.
You can also check our blog for update crypto news……
trader joe幣, $JOE price
Trading on Trader Joe
Trader Joe has been growing fast, attracting over $4B in total TVL since it was launched in June 2021. Trader Joe claims to take a community-first reach, and to prioritize innovation, speed and security. It aims to make a one stop shop DeFi experience and to integrate new products without compromising on security. To achieve this, Trader Joe has outlined an ambitious roadmap that focuses on token-holder growth. It plans to have improved staking, non-fungible-token (NFT) exchange listings, the col lateralization of the JOE token, and leveraged trading –– all during 2021.
Trader Joe provides all the functionality of a modern DEX and offers a convenient user interface, combined with speedy and cheap transactions. Users can provide liquidity by participating in one of its yield farms and earn $JOE as a reward token, which can later be staked and used to vote in governance proposals. Its lending protocol Banker Joe, based on the Compound protocol, allows users to borrow and lend funds in a non-custodial manner. Moreover, users can also open leveraged positions on their provided or borrowed funds.
To increase the utility and adoption of the JOE token, Trader Joe is working on introducing several new options, which are aimed at transforming the project into the main DeFi platform within the Avalanche ecosystem. First, users will be able to use JOE as collateral to borrow against. Moreover, Trader Joe also plans to facilitate limit orders, options and futures trading on its platform. Thanks to the speed of its innovation and strong comic book-like branding, Trader Joe has attracted strong backers from within the DeFi community, including from $AAVE founder Stani Kulechov and Darren Lau.
Trader Joe is built upon Avalanche $AVAX, a blockchain with its own proprietary consensus mechanism, in which all nodes process and validate transactions by employing a directed acyclic graph (DAG) protocol.
The treasury is currently committed to its developers Crypto-fish and 0xMurloc, although the Trader Joe community plans to establish a multi-signature governance mechanism in future. For now, token holders can vote on the development of the protocol via Snapshot.
自 2021 年 6 月推出以來，Trader Joe 一直在快速增長，總 TVL 已超過 4B 美元。Trader Joe 聲稱以社區為先，並優先考慮創新、速度和安全性。它旨在打造一站式 DeFi 體驗並在不影響安全性的情況下集成新產品。為了實現這一目標，Trader Joe 制定了一個雄心勃勃的路線圖，重點關注代幣持有者的增長。它計劃在 2021 年改進質押、非同質代幣 (NFT) 交易所上市、JOE 代幣的抵押和槓桿交易——所有這些。
Trader Joe 提供現代 DEX 的所有功能，並提供方便的用戶界面，以及快速和廉價的交易。用戶可以通過參與其中一個收益農場來提供流動性，並獲得 $JOE 作為獎勵代幣，以後可以將其質押並用於對治理提案進行投票。其借貸協議 Banker Joe 基於 Compound 協議，允許用戶以非託管方式借貸資金。此外，用戶還可以對其提供或借入的資金開立槓桿頭寸。
為了提高 JOE 代幣的實用性和採用率，Trader Joe 正在努力引入幾個新選項，旨在將項目轉變為 Avalanche 生態系統中的主要 DeFi 平台。首先，用戶將能夠使用 JOE 作為抵押品進行借貸。此外，Trader Joe 還計劃在其平台上促進限價單、期權和期貨交易。由於其創新的速度和強大的漫畫品牌形象，Trader Joe 吸引了來自 DeFi 社區的強大支持者，包括來自 $AAVE 創始人 Stani Kulechov 和 Darren Lau 的支持者。
Trader Joe 建立在 Avalanche $AVAX 之上，這是一個具有自己專有共識機制的區塊鏈，其中所有節點都通過使用有向無環圖 (DAG) 協議來處理和驗證交易。
國庫目前致力於其開發者 Crypto-fish 和 0xMurloc，儘管 Trader Joe 社區計劃在未來建立多重簽名治理機制。目前，代幣持有者可以通過 Snapshot 對協議的開發進行投票。
Basic Data
The total supply of $JOE is 500 million. The token was launched without a pre-sale, private sale, or pre-listing allocations. The distribution of JOE is as follows:
- 50% – liquidity providers
- 20% – treasury
- 20% – team (three-month cliff)
- 10% – future investors (three-month cliff)
JOE is being emitted over a 30-month period, and $JOE staker earn 0.05% of all trades. JOE also pays a share of fees from lending interest and liquidations into the staking pool. The emission rates of JOE steadily decrease over time and will come to an end at the beginning of January 2024.