Uncovering JOE Coin, the Native Crypto of DEX Platform Trader Joe
JOE Coin is the native cryptocurrency of Trader Joe, a decentralized exchange (DEX) on the Avalanche (AVAX) blockchain offering DeFi services. JOE Coin also features staking and yield farming.
As reported by Coinmarketcap, this exchange has seen rapid growth, attracting over USD 4 billion in total value locked (TVL) since its launch in June 2021.
Trader Joe claims to prioritize community-driven approaches and emphasizes innovation, speed, and security. Their aim is to provide an integrated DeFi experience and integrate new products without compromising security.
To achieve this, Trader Joe has outlined an ambitious roadmap focused on token holder growth. They plan to enhance exchange listings, Non-Fungible Tokens (NFTs), JOE token collateral, and leveraged trading, all during 2021.
Founders of JOE Coin
Trader Joe was founded by Cryptofish and 0xMurloc, two pseudonymous developers. Cryptofish identifies as a full-stack and smart contract engineer, an early contributor to several Avalanche projects like Snowball and Sherpa Cash. They have worked at Google and hold a Master's degree in Computer Science from a US university. 0xMurloc is a full-stack developer with experience in launching several startups and is also a Senior Product Lead at Grab. The team is complemented by over a dozen other pseudonymous users working in software, marketing, and community roles.
#dyor #joe #crypto2023