JOE is a governance token that also rewards its holders with a share of exchange revenues. The token distribution follows a fixed supply, decaying emission model.
Contract
Ticker
Chain
Contract Address
JOE
Avalanche
0x6e84a6216eA6dACC71eE8E6b0a5B7322EEbC0fDd
Emissions
There are no pre-sales, private sales or pre-listing allocations of the JOE token.
All tokens are distributed according to emission schedule. That means that the team funds and treasury funds are distributed at same pace as our LP farms.
We also have an allocation hold out for future investors. It means that if Trader Joe were to raise investor funds in the future, these investors would enter after the token launch, and not before.
Revenues
0.05% of all trades are paid to sJOE staking pool.
Distribution
All JOE tokens will be emitted according to distribution portion. Team, Treasury and Future Investor funds are emitted at schedule as public distribution to LPs.
Distribution
Total supply
500,000,000
Months to emit
30
Liquidity Providers (LP)
50%
Treasury
20%
Dev Team (3 month cliff)
20%
Future Investors (3 month cliff)
10%
Token Distribution
Token Distribution over time
Emission Schedule
Below are the emission rates. Token emission will begin 3-July, 2021 and end 3-Jan, 2024.