8 min readSep 14, 2022


Trader Joe is a decentralized exchange (DEX) on the Avalanche (AVAX) blockchain that offers DeFi services, including swapping, staking and yield farming. It is a premier Multi-Functional Decentralized Finance Trading platform. Trader Joe provides all the functionality of a modern DEX and offers a convenient user interface, combined with speedy and cheap transactions. Users can provide liquidity by participating in one of its yield farms and earn JOE (JOE) as a reward token, which can later be staked and used to vote in governance proposals. Its lending protocol Banker Joe, based on the Compound (COMP) protocol, allows users to borrow and lend funds in a non-custodial manner. Moreover, users can also open leveraged positions on their provided or borrowed funds. Trader Joe claims to take a community-first approach, and to prioritize innovation, speed and safety. It aims to provide a one-stop-shop DeFi experience and to integrate new products without compromising on security. To achieve this, Trader Joe has outlined an ambitious roadmap that focuses on token-holder growth. It plans to have improved staking, non-fungible-token (NFT) exchange listings, the collateralization of the JOE token, and leveraged trading — all during 2021.

We hosted an AMA session with Trader Joe on 1st September.

Mr. Ramsy was the host from Crypto Miners and Blue was the guest. He shared delightful knowledge and unique features of Trader Joe.
Segment 1️⃣: Introduction

Ramsy | Crypto Miners:
Hello everyone 👋 Welcome to Our #Special AMA session With Trader Joe

To help us learn more about Trader Joe We are lucky to be joined By Blue

Hello alll

Ramsy | Crypto Miners:
Hello there 👋

Welcome here Mate

thanks for having me

Ramsy | Crypto Miners:
Thanks for bringing Us Trader Joe ❤️

First of all Can you introduce yourself to us?


So my name is Blue and I am the Marketing and Community Lead for Trader Joe

Ramsy | Crypto Miners:
Glad to have you today Mate 🤝

I’m pretty sure that our Community is very much excited to learn more about Trader Joe✌️

So let’s get started if you’re ready!!

yep lets do it

Ramsy | Crypto Miners:
1. Make a concise and brief introduction about Trader Joe. How it is playing its role in DeFi?

Trader Joe is a decentralised exchange native to the Avalanche blockchain. It is the #1 Dapp for users and volume on Avalanche, we’ve facilitated trading volume of over $88bn in the space of a year, at peak had $4.5bn worth of TVL and we’ve generated about $265m in revenue which is all paid out to Liquidity Providers and Tokenholders.

On the Trader Joe platform Users get a totally unique one-stop-shop experience. Users can Trade, YIeld Farm, Lend and Borrow assets, Stake Tokens, Participate in Launch events for new Tokens.

Ramsy | Crypto Miners:
Thanks Blue for this great start about Trader Joe 👍

So What are the features of Trader Joe that makes it superior and special as compared to its competitors?

The Trader Joe platform offers users a true one-stop-shop experience that is unlike competitors, users on the Joe platform get a unique offering where they can:
Trade: Fast, secure, and cheap swaps
Farm: High APRs and big Farms!
Stake: Use the JOE Token to unlock staking rewards, such as Stablecoins
Lend & Borrow: Visit Banker Joe to deposit + borrow against your assets
Launch: Visit Rocket Joe and participate in the launch of newly issued tokens
Shop: Visit the Joepegs NFT Marketplace to buy and sell digital assets

Ramsy | Crypto Miners:
3. Tell us about the NFT marketplace — JoePegs and also tell us about lending, borrowing and staking in Trader Joe.

Joepegs is the most popular marketplace by users and volume on the Avalanche blockchain we also run our own creative agency to launch and support new NFT projects, called Joe Studios. So we offer a full pipeline for NFT creation and delivery.

Lending we called ‘Banker Joe’

Banker Joe offers investors the ability to lend or borrow against whitelisted assets, enabling the deployment of flexible DeFi investment strategies on the blazingly fast, low-cost Avalanche network.

Staking we have a modular staking system for the JOE token so users can stake JOE into a range of different staking pools

Ramsy | Crypto Miners:
4. Now tell us about the native token $JOE, what are its usecases and utilities in Trader Joe ecosystem? Also provide us with the tokenomics

With JOE you can stake into the following:

Unlock the ability to participate in Rocket Joe: Liquidity Launch Platform

Earn Stablecoins that are distributed from accrued Trading Fees on the platform

Receive boosted yield from JOE rewards in selected Farms + receive governance power

JOE is a governance token that also rewards its holders with a share of exchange revenues. The token distribution follows a fixed supply (500m), decaying emission model that runs up to the start of 2024. So far over 80% of all JOE Tokens have been minted.

Ramsy | Crypto Miners:
5.what Trader Joe achieved so far and what important updates and developments we’ll get in coming months in Trader Joe ecosystem?

The next major focus for JOE is the release of our new AMM protocol, called the Liquidity Book. This has been the focus of our Research and Development Team for many months and will be a major innovation for AMMs & DeFi. This will be a concentrated liquidity solution but built with a novel architecture for stacking Liquidity and it’s this novel architecture that allows us to really advance how concentrated liquidity can be provided and managed on AMMs.

You can read about the protocol here:

Ramsy | Crypto Miners:
Thanks Blue for this well detailed introduction about Trader Joe:)

And that’s the wrap up of our the first part of the AMA session ✅

Let’s now proceed to our Twitter Questions section

i hope you’re ready for that!!


Segment 2️⃣: Twitter Questions

Ramsy | Crypto Miners:
1)TRADER JOE is the best DEX on Avalanche, but I was wondering, as a newbie to trading and making money, what benefits would TRADER JOE give me that other DEXs, even if they are above Avalanche or other chains can’t bring me? Also, how user-friendly is the new TRADER JOE?

Great question

Our DEX very simply offers the best trading rates versus other DEXs on Avalanche, we have the deepest liquidity pools and the most diverse array of tokens to trade from

So, users will get the best rates and the best selection of tokens on Avalanche

Ramsy | Crypto Miners:
2)Do you allow suggestions and feedback from the community? Are we allowed in decision making, do you put community into consideration ?

yes we do and have done since launching but the key element here is active Governance which is not yet live. However, we are now looking into Governance and want to deploy that asap so users can vote on the direction of the platform

Ramsy | Crypto Miners:
3: What strategies would the initiative employ to boost the token’s price,liquidity,and relevance?As a result,is it possible that the token’s value will increase?What are your strategies for ensuring the long-term viability of your traderjoe_xyz enterprise and maximizing cash flows?

We are builders so will continue to build. I will refer back to our upcoming launch of: Liquidity Book which is a next-gen AMM that requires no emissions of new tokens to support liquidity. So this should be a strong protocol launch to support the JOE Token.

Ramsy | Crypto Miners:
4)I learned that Trader Joe has an NFT platform named Joepegs. What advantages would NFT projects have for the Trader Joe platform, and why did Trader Joe decide to include one as a DEX? Do JOE tokens need to be used to access the Joepegs?

Good Q!

We built the NFT marketplace to help us expand our reach and brand, it is being built separately to Trader Joe but the benefit for Trader Joe is that it gives us a larger presence and audience we can reach with the Joe brand. Currently there is no use for the JOE token on Joepegs, but we will likely add some utility in ‘soon’ — we are having discussions about it.

Ramsy | Crypto Miners:
Let’s hear our last question from Twitter

5: Partnership most is always an important factor for every project. So share about your partners? What are the benefits you get from those Collaborations?

Joe is here to facilitate our partners success, a DEX holds liquidity and enables trading so partners are very important to us. They bring their users and liquidity to our platform. Being the largest DEX on Avalanche, we have hundreds of partners and are often the first source of collaboration for all new protocols that launch on Avalanche

Ramsy | Crypto Miners:
That’s the wind up of our twitter segment

Now Moving on to our last segment — Live Q&A

Shall we Mate?

yes lets go

Ramsy | Crypto Miners:
Lets see it then

Segment 3️⃣: Live QnA
(In this segment group was opened for 60 seconds and Miners sent hundreds of questions. Guest choose some best to answer)

1) Esra:
NOVEL VOLATILITY ACCUMULATOR that measures instantaneous volatility. How is it supposed to work in extreme market conditions? Will the variable fees is decided? Is the whole process automatic?

Every trade on Liquidity Book is measured for the implied volatility it causes to the pool it trades in, the VA therefore counts and adds a small variable fee to trades based on that

2) Maclloyed 1:
Do you have Audit certificate?

yes multiple audits all viewable here:

3) Jibson:
Can you share #JOE social media link in case we want to know more about it

Follow JOE here:

4) IT!S OVI:
Do you have tutorial videos so we can get to know your project more clearly or do you have a YouTube channel or something? can you share it with us?

Video guides:

5) Monib:
Why Trader Joe only works on Avalanche chain ?

Because that is where we built, on Avalanche. Maybe that will change as we do believe in a multichain future, however no immediate plans to deploy elsewhere at the moment.

*This segment ends here*

Ramsy | Crypto Miners:
Thankyou so much Blue For your valuable answers and information about Trader Joe ❤️

It Was Pleasure Hosting An Ama With You

Is there anything else you would like to share or you want us to know?

no, thanks so much for hosting

Ramsy | Crypto Miners:
Time To Conclude Our AMA Section

Thanks for joining us

Community, if you would like to learn more about Trader Joe, here are some useful links for you:

Medium: Trader Joe




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