Trader Joe

Trader Joe’s is a decentralized exchange running on the Avalanche blockchain. The exchange allows users to swap tokens, participate in liquidity pools, and engage in staking. Trader Joe’s exchange was launched in June 2021.

To work with Trader Joe, users need to connect MetaMask with the Avalanche network and purchase AVAX. Cryptocurrency exchanges, liquidity pools, stacking and lending are available to the user on the exchange. This ​text is from site cryptodefix. During token exchange user can choose two tokens to exchange, also use orders - limit and stop losses. The fee for all transactions on Trader Joe’s is 0.3%. There are 156 coins and 531 pairs available for exchange and participation in pools on the exchange. Users can create their own liquidity pools as well as join existing ones.

The exchange has its own JOE token. With it you can participate in voting for the future of the project and participate in staking. During staking the deposited JOE turns into xJOE, with each day of storing xJOE the user accumulates JOE. Also in Trading Joe the user has a page with a list of Lending Markets on which the user can earn extra money.

Trader Joe specifics

• SWAP tokens
• Participation in liquidity pools
• Steaking and Lending
• 0.3% transaction fee
• Internal JOE token