JOE is a governance token used to incentivize liquidity providers and foster platform growth. The token distribution follows a fixed supply, decaying emissions model.
What is the current daily emissions of the JOE Token?
There are no longer daily emissions of the JOE Token. JOE has reached its capped total supply and thus, no more JOE tokens are being minted.
There were no pre-sales, private sales or pre-listing allocations of the JOE token.
All tokens were distributed according to emission schedule. That means that the team funds and treasury funds are distributed at same pace as the 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.
V1 AMM: 0.05% of all trades are paid to sJOE staking
V2 AMM: Variable fee depending on the Liquidity Pool is paid to sJOE staking
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.
Months to emit
Liquidity Providers (LP)
Dev Team (3 month cliff)
Future Investors (3 month cliff)
Below are the emission rates. Token emission will begin 3-July, 2021 and end 15-Nov, 2023.
JOE per sec
What happens when emissions end?
Trader Joe has a well capitalized treasury that can continue to support the ongoing growth of the Trader Joe ecosystem. This includes supporting initiatives such as the Liquidity Book Rewards Program and other potential ways to incentivize or foster growth, enhancing the overall Trader Joe ecosystem.