Proof of Work

Cryptocurrency

Base Ecosystem

Backed Tokens

Ethereum Mainnet

Binance Smart Chain Mainnet

Avalanche C-Chain

Fantom Opera

Polygon Mainnet

Cronos Mainnet Beta

Arbitrum One

Klaytn Mainnet Cypress

Harmony Mainnet Shard 0

Metis Andromeda Mainnet

Huobi ECO Chain Mainnet

Aurora Mainnet

Celo Mainnet

Optimism

Gnosis Chain (formerly xDai)

Theta Mainnet

Moonriver

Emerald Paratime Mainnet

Fusion Mainnet

Telos EVM Mainnet

RSK Mainnet

Moonbeam

IoTeX Network Mainnet

OKExChain Mainnet

Boba Network

Wanchain

KCC Mainnet

Velas EVM Mainnet

Smart Bitcoin Cash

Songbird Canary-Network

CoinEx Smart Chain Mainnet

Fuse Mainnet

Shiden

Elastos Smart Chain

Callisto Mainnet

ThunderCore Mainnet

Meter Mainnet

TomoChain

Energy Web Chain

Syscoin Mainnet

Ubiq

Polis Mainnet

Zyx Mainnet

High Performance Blockchain

GoChain

Palm

Expanse Network

ThaiChain

Metadium Mainnet

Flare Mainnet

Diode Prenet

ThaiChain 2.0 ThaiFi

ELA-DID-Sidechain Mainnet

Dithereum Mainnet

ShibaChain

Genesis L1

GoodData Mainnet

TBWG Chain

Valorbit

Darwinia Crab Network

XinFin Network Mainnet

Ontology Mainnet

EOS Mainnet

Ethereum Classic Mainnet

Ellaism

SoterOne Mainnet

IDChain Mainnet

POA Network Sokol

PrimusChain mainnet

GeneChain

GateChain Mainnet

Nova Network

Garizon Stage0

Garizon Stage1

Garizon Stage2

Garizon Stage3

NEXT Smart Chain

POA Network Core

EtherInc

EtherLite Chain

Fuse Sparknet

Decentralized Web Mainnet

OYchain Mainnet

Factory 127 Mainnet

DAX CHAIN

Lightstreams Mainnet

Seele Mainnet

BMC Mainnet

BitTorrent Chain Mainnet

Arbitrum on xDai

Freight Trust Network

Permission

Setheum

SUR Blockchain Network

Web3Q Mainnet

PulseChain Mainnet

Lisinski

Rupaya

Double-A Chain Mainnet

## What is JOE?
JOE is the native token of Trader Joe, a comprehensive decentralized trading platform, serving as a one-stop solution for various features:
- Trade: Swap tokens with minimal fees.
- Pool: Provide liquidity to earn fees.
- Stake: Stake JOE tokens and receive rewards.
- NFT: Buy and sell NFTs.

Since its launch in June 2021, the exchange has experienced rapid growth, accumulating over $4 billion in total value locked (TVL). Trader Joe emphasizes a community-first approach, prioritizing innovation, speed, and safety. The platform aims to offer a comprehensive DeFi experience as a one-stop-shop while seamlessly integrating new products without compromising security. Trader Joe has an ambitious roadmap for 2021, focusing on token-holder growth through improved staking, non-fungible-token (NFT) exchange listings, collateralization of the JOE token, and the introduction of leveraged trading.
## Benefits of JOE
Trader Joe offers a contemporary decentralized exchange (DEX) with a user-friendly interface, ensuring swift and cost-effective transactions. Users can engage in liquidity provision through yield farms, earning JOE tokens as rewards, which can be staked for voting in governance proposals. The lending protocol, Banker Joe, modeled after the [Compound](https://coinrotator.app/coin/compound-governance-token) (COMP) protocol, enables non-custodial borrowing and lending of funds. Additionally, users have the option to open leveraged positions using their provided or borrowed funds.

In a bid to enhance the utility and adoption of the JOE token, Trader Joe is actively working on introducing new features. These initiatives aim to position the project as the primary DeFi platform within the Avalanche ecosystem. Users will soon be able to use JOE as collateral for borrowing. Furthermore, Trader Joe plans to incorporate limit orders, options, and futures trading on its platform. The project's rapid innovation and distinctive comic book-like branding have attracted significant support from notable figures within the DeFi community, including backing from AAVE founder Stani Kulechov and Darren Lau.
## Tokenomic Model

Trader Joe has established a diverse use case for JOE stakers, offering various Reward Token Options (RTOs):
- sJOE: Participants share in protocol revenue but receive Stablecoin as their reward.
- veJOE: Modeled after veCRV on [Curve Finance](https://coinrotator.app/coin/curve-dao-token) to create Joe Wars. However, due to operational inefficiencies, the veJOE program was discontinued from May 2023.
- rJOE: A regular staking program where participants receive JOE inflation rewards.
- xJOE: Participants share in protocol revenue with different tokens, excluding Stablecoins like sJOE.

Following a period of ineffective operation, Trader Joe has officially discontinued the veToken model program.
## JOE Team Background and Partnerships

The majority of the Trader Joe team remains anonymous, with limited information available about some members, including Crypto Fish and 0xMurloc.

Crypto Fish, the Co-Founder, holds a Master's degree in Computer Science from a prestigious American university. As a Software Engineer, Crypto Fish has previously worked at Google and a Perpetual exchange. Notably, Crypto Fish has made significant contributions to early projects within the Avalanche ecosystem, such as Snowball and Shera Cash.

0xMurloc, also a Co-Founder, possesses a Bachelor's degree in Electrical Engineering from a top US university. 0xMurloc's notable professional experience includes holding the position of Senior Product Manager at Grab company.

On September 2, 2021, Trader Joe achieved a successful fundraising round, securing $5 million in funding. The initiative was led by DeFiance Capital, GBV Capital, and Mechanism Capital, with additional participation from Three Arrows Capital, the Avalanche Foundation, Delphi Digital, [Coin98](https://coinrotator.app/coin/coin98) Ventures, Not3Lau Capital, and others.
## JOE Project Development

WOO and JOE have joined forces as authentic [Arbitrum](https://coinrotator.app/coin/arbitrum) Adventurers, collaborating to boost liquidity and intensify their exploration of the #Arbitrum ecosystem. Also, Trader Joe has expanded its language support to encompass seven languages, aiming to provide a more accessible and locally-tailored experience for some of its largest communities.

## {{name}} Price Analysis

As of {{month}} {{day}} {{year}} {{name}} has a marketcap of {{marketcap}}. 
This is {{percentagefromath}} from its all time high of {{ath}}. 
In terms of its tokenomics, there's a total supply of {{totalsupply}} with {{percentagecirculatingsupply}} currently outstanding. 
Keep in mind {{name}} has a fully diluted value of {{fdv}} which many investors might interpret as overvalued. 

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.

JOE

Price Data

Analysis

Trade

Market Cap

All-Time High

All-Time Low

Fully Diluted Valuation

Circulating Supply

Total Supply

Max Supply

Categories

Similar Coins

ICO Date