When you make a token swap on the exchange you will pay a 0.3% trading fee.0.25% - Paid to liquidity pools in the form of a trading fee for liquidity providers.
0.05% - Sent to sJOE Staking
You can find more information here.
Is Trader Joe safe?
Yes, Trader Joe is fully audited by HashEx and Paladin.
For further details, you can view the full reports
Can you open Insurance to help protect your portfolio?
There are multiple protocols that provide insurance cover for the Joe Platform.
One key partner is inSure DeFi, which is a Decentralized Insurance Ecosystem, trusted by thousands of community members to protect their crypto portfolios from scams, exchange closures, and drastic devaluations. inSure DeFi provides insurance solutions for the crypto space to stabilize and secure Crypto & DeFi portfolios.
inSure - Infinity Project
Is Banker Joe protected from flash loan attacks?
Banker Joe only uses the Chainlink Price Oracle to ensure the highest levels of robust data feeds. You can read more about the safety of Banker Joe in this article.
What are the main risks on Trader Joe?
There are 2 main risks when interacting with DEX + Lending protocols (NOTE: These are not unique to the Trader Joe platform).
Find the full list of Trader Joe's ecosystem links here.
Trading
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How to Swap
The exchange is where you can trade one token for another. It is a simple swap interface, just select the two tokens you wish to exchange.Follow this link for more details.
Buying JOE
You can use Trader Joe’s Trading interface to swap your assets for JOE.
Gas fees
Gas fees are paid in order to make transactions on the blockchain. On Avalanche gas fees are always paid in AVAX.
Slippage
Increased slippage may be needed when a trade price differs from the time of request and the time of order. Certain tokens may require 5+% due to their tokenomics (not decided by TJ).For more information visit this link.
What is price impact?
Price impact is the influence an individual trade has over the market price of an underlying asset pair.
Is there a Faucet?
No. Always remember to keep at least 0.1 AVAX in your wallet for gas fees.
This refers to the Yield generated from the JOE Token distributed in a Farm
What is Bonus APR?
This refers to the Yield generated from the Bonus Token distributed in a Farm
Pools
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What is a pool?
A liquidity pool (LP) is a pool of two tokens, e.g. AVAX and JOE tokens. This pool is what allows users to exchange between the two tokens automatically.You can find a tutorial here.
What is the ZAP feature?
ZAP is a quick way to convert tokens to LP tokens (only available for certain tokens). Watch this video to find out more.
How do I remove liquidity?
Simply head to the Pool you wish to remove tokens from and hit 'Remove'. See our guide for more details.