What is TraderJoe (JOE)

1. Project Introduction
Trader Joe is a decentralized exchange (DEX) on the Avalanche network. Its core service is spot trading, with other features like a decentralized lending platform (Banker Joe), an NFT marketplace (Joepeg), and a launchpad (Rocket Joe). It aims to provide an efficient, secure, and user-friendly experience while utilizing its native token, JOE, for staking, leveraged trading, and NFT collateral.
Summary: Trader Joe offers a comprehensive suite of DeFi solutions, supporting global users and advancing the Avalanche blockchain ecosystem.
2. Team & Investment Info
The Trader Joe team is led by two cofounders: @cryptofishx and @0xmurloc. @cryptofishx is an experienced full-stack engineer who has contributed to several Avalanche projects such as @throwsnowballs, @Pandaswapex, and @sherpa_cash, with prior work experience at Google and decentralized derivatives exchanges. @0xmurloc is also a full-stack engineer and product manager, previously serving as head of product at a newly public unicorn company, holding a degree in electrical engineering from a prestigious university.
Funding: In September 2021, Trader Joe raised $5 million at a $50 million valuation, led by Defiance Capital, GBV, and Mechanism Capital. Other investors included Three Arrows Capital, Coin98 Ventures, Delphi Digital, Avalanche Foundation, and Aave founder Stani Kulechov.
3. Social Media URLs
X: https://x.com/traderjoe_xyz
Discord: https://discord.com/invite/nsS9Th7qTy
4. Token Info
Token Symbol: JOE
Total Supply: 500,000,000
Token Type: AVAX
Issuance/Burn Mechanism: Fixed supply
Contract Address: 0x6e84a6216eA6dACC71eE8E6b0a5B7322EEbC0fDd
Token Distribution:
Liquidity Providers (LP): 50%
Treasury: 20%
Development Team: 20%, 3-month lockup
Future Investors: 10%, 3-month lockup
5. Related Links
Official Website: https://traderjoexyz.com/avalanche
GitHub: https://github.com/traderjoe-xyz
Other Info: https://defillama.com/protocol/trader-joe