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Binance will list JOE, the platform token of TraderJoe, and open trading for JOE/BTC, JOE/BUSD and JOE/USDT trading pairs at 11:00 UTC today, the exchange announced. Binance users can now start depositing JOE in preparation for trading. Withdrawals for the token will open at 11:00 UTC tomorrow.
What is TraderJoe?
TraderJoe is a popular DEX on Avalanche (AVAX/USD), which provides lending and borrowing services through BankerJoe. Holders of JOE can stake the token to get protocol fees and vote on governance proposals. There is no listing fee.
The origins
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TraderJoe was launched by 0xMurloc and Cryptofish in June 2021. Its pseudonymous founders wanted to create a unique and innovative trading platform that would run on the superior Avalanche blockchain while serving a growing international audience at the frontier of DeFi.
TraderJoe has attracted over $4 billion in assets since its launch. What’s more, it enjoys support from some of the most-recognised investors in the industry.
The Trader Joe brand symbolizes innovation, speed and safety, community first approach, and DeFi accessibility for everyone.
Core brand values
- Stay lean and agile, build with speed and never compromise on safety
- Provide a one-stop-shop DeFi experience, for everyone
- Innovate at the frontier of DeFi
- Push boundaries for the betterment of the community
Trader Joe was conceived of as a relatable brand with a personality that emits authenticity and warmth. He is a central figure of the community, whose main tools are innovation and hard work, and always tries to offer new and improved solutions and experiences.
The vision of Trader Joe
Trader Joe stays relevant by innovating, developing quickly, and building securely. The ultimate goal of the ecosystem is to build a trading platform, which offers users with a true ‘one-stop-shop’ DeFi experience. It makes it possible to swap, farm, stake, lend, leverage, and borrow – and all of this in one single place. Platform users can immerse themselves into a fully integrated, highly accessible DeFi trading platform.
Binance JOE trading fees
Binance is currently offering a 25% discount on the spot trading fee and a 10% discount on the USDⓈ-M Futures trading fee.