JOE Token Emissions
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Written by Trader Joe
Updated over a week ago

Tokenomics

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.

Contract

Emissions

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.

Revenues

  • 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.

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

Emission Schedule

Below are the emission rates. Token emission will begin 3-July, 2021 and end 15-Nov, 2023.

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

3-Feb 2023

2.5

3-Mar 2023

2

3-Apr 2023

1.5

3-May 2023

1.25

3-Jun 2023

1

3-Jul 2023

0.9

3-Aug 2023

0.8

3-Sep 2023

0.7

3-Oct 2023

0.6

3-Nov 2023

0.5

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.

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