Tokenomics
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.
Date
JOE per sec
3-July 2021
30
3-Aug 2021
20
3-Sep 2021
17
3-Oct 2021
13.5
3-Nov 2021
10
3-Dec 2021
9.5
3-Jan 2022
9
3-Feb 2022
8.5
3-Mar 2022
8
3-Apr 2022
7.5
3-May 2022
7
3-Jun 2022
6.5
3-Jul 2022
6
3-Aug 2022
5.5
3-Sep 2022
5
3-Oct 2022
4.5
3-Nov 2022
4
3-Dec 2022
3.5
3-Jan 2023
3

What happens when emissions end?

There will be no more JOE Tokens minted