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Trader Joe, a DEX, is governed by its governance token JOE. Trader Joe was developed to revolutionize the world of DeFi through its cutting-edge services. These services include exchange, coin staking, and yield farming.
Trader Joe was launched in 2021 by pseudonymous founders 0xMurloc and Cryptofish who set out to create a unique and innovative trading platform for the Avalanche blockchain and advance the new frontier of decentralized finance.
1. Trader Joe provides all the functionalities of a modern DEX.
2. JOE offers a convenient UI combined with speedy and cheap transactions.
3. Trader Joe is built on Avalanche (AVAX).
4. JOE mainly serves as a governance token.
As one of the growing DEX projects, Trader Joe is working on many initiatives. A unique roadmap and community support make JOE Coin a promising project in the long term. Trader Joe’s vision is to improve staking and non-fungible-token (NFT) exchange listings.
If you are looking to buy JOE, you can check out third-party cryptocurrency exchanges like CoinSwitch.
1. Governance: Holders of JOE tokens have voting rights on the platform.
2. Staking: You can stake JOE to earn rewards and provide liquidity to earn fees.
3. Token Collateralization: Users of JOE crypto can use their tokens as collateral for loans.
4. Liquidity Provision: JOE can be converted into cash or a cash equivalent without any significant price change.
• Low trading costs at just 0.3%.
• Staking, yield farming, lending, and other features are available.
• A fully decentralized platform.
• Regular audits to ensure its security and transparency.
• Relatively new.
• Difficult and confusing for beginners.
• Risks associated with any DEX services.
1. You can invest and trade JOE with just ₹100.
2. Trade JOE at a nominal fee.
3. Easily manage your transactions and your portfolio.
The JOE crypto project was launched in mid-2021. It was launched without an Initial Coin Offering (ICO) event. However, during a strategic sale led by Defiance Capital, GBV, and Mechanism Capital, Trader Joe raised around $5,000,000.
MyShell
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1. When was Joe coin launched?
Joe coin (JOE) was launched in June 2021 by pseudonymous developers Cryptofish and 0xMurloc.
2. How does Joe coin cryptocurrency work?
Joe coin (JOE) functions primarily as a reward token for crypto staking and governance within its ecosystem. It is used on the Trader Joe platform, which is a decentralized exchange (DEX) on the Avalanche blockchain, enabling users to trade, farm, and stake cryptocurrencies.
3. How Many Joe coin Are There?
Currently, the circulating supply of Joe coin (JOE) is approximately 360 million, with a maximum supply capped at 500 million.
4. How to invest in Joe coin cryptocurrency?
You can invest in Joe coin using the CoinSwitch app.
Highlight
JOE is the native token of Trader Joe, a decentralized exchange (DEX) on the Avalanche (AVAX) blockchain.
JOE Price Today
JOE Price
₹3.3564
Price Change 24h
0%
Price Change 7d
13.69%
Market Rank
#789
Market Cap
₹147 Cr.
Trade Vol 24h
₹40 Cr
Circulating Supply
₹46 Cr. JOE
Trading Activity
Not Available
Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.