farming: News of JOE (JOE) - July 2024 Price Update - 7.42% Breakout Crypto News and Analysis
Explore the Core.
JOE (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. The exchange has been growing rapidly, attracting over $4 billion in total value locked (TVL) since it was launched in June 2021.
GLORIA OLUWAFERANMITo God be the Glory
Explore the Core.
Trader Joe operates with a community-centric governance model revolving around its native token, JOE. Token holders actively participate in governance and receive fee-based rewards from liquidations and swaps by staking JOE, earning them xJOE tokens. JOE’s multifunctional role within the ecosystem allows for trading, farming, staking, borrowing, and governance activities, enhancing its utility and appeal.
This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.