Midas.Investments is delighted to announce yet another project coming to our platform. Joe (JOE) is now listed on Midas platform, joining the list of 25+ supported cryptocurrencies.
APY offered to investors: 28%
Flexible rates launched
JOE generates yield through the protocol’s staking. The flexible rates are changing according to the APY that staking produces and can be adjusted by the Midas team on a daily basis.
What is Trader Joe (JOE)?
Trader Joe is a decentralized exchange (DEX) on the Avalanche (AVAX) blockchain that offers DeFi services, including swapping, staking and yield farming. It is a one-stop trading platform that combines trading and lending to offer leveraged trading, which in turn promotes liquidity and attracts more money to flow into the project.
JOE is the native token of Trader Joe DEX. The JOE token can be staked to receive protocol fees and vote on governance proposals. 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.
- Total supply: 199,010,126 JOE
- Circulating supply: 171,961,506.00 JOE
- Market Cap: $196,429,392
- Token Holders: 54,407
- Network: Avalanche