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.
What is the current daily emissions of the JOE Token?
Currently, 14,500 JOE Tokens are emitted daily to Yield Farms. This is lower than the below mentioned emissions schedule. This is lower due to the fact the Team does not need to distribute large amounts of JOE Tokens to incentivize Liquidity.
The Team maintain the decision making control over JOE Token distribution to preserve long-term value generation for the JOE ecosystem.
There were 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.
0.05% of all trades are paid to sJOE staking pool.
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 3-Jan, 2024.
JOE per sec
What happens when emissions end?
There will be no more JOE Tokens minted