From December 18th, we officially list JOE Token (JOE) on the ONUS application. Soon after JOE is added, users can perform the following features:
- Off-chain transactions: Send and receive JOE with other users in the ONUS network.
- Exchange: Swap from VNDC or USDT to JOE and vice versa.
About Trader Joe
Trader Joe is a decentralized exchange (DEX) under the AMM mechanism, built on the Avalanche blockchain platform. Founded in June 2021 by 0xMurloc and Cryptofish, Trader Joe aspires to create a unique trading platform that combines the advantages of the Avalanche blockchain and the decentralized finance (DeFi) industry. Since launching, the platform has attracted over $4bn in assets and has gained backing from some of the most widely recognized investors in the industry.
Trader Joe can be considered one of the outstanding AMM projects with the highest trading volume on Avalanche today. Initially, the platform only allowed regular token exchange. Still, it later integrated many other DeFi features such as Lending, Borrowing, Staking, Yield Farming, or ZAP (allowing users to exchange tokens to Liquidity Provider Token). with just one click). Another interesting point about Trader Joe is that this project goes toward Fair Launch (no open sale, no IDO, no Private Sale) but will allocate tokens according to a specific route. However, there will still be profit reserves for future investors.
What is JOE Token?
JOE is a native token of the JOE ecosystem, operating on Avalanche according to ARC20 standard, and can be used to:
- Participate in the governance of the system
- Reward JOE tokens holders (Stakers, Farmers, Liquidity Providers)
- Name: JOE Token
- Symbol: JOE
- Platform: Avalanche
- Standard: ARC20
- Type: Utility, Governance
- Smart Contract Address: 0x6e84a6216eA6dACC71eE8E6b0a5B7322EEbC0fDd