What is the issuance price of joe coins?

The issuance price of JOE coin is US$0.02. It will be issued in June 2021 with a total issuance of 100,000,000 pieces. It will be issued through public sales and liquidity mining. Its uses include transaction fee discounts, governance participation, staking rewards and ecosystem development.

JOE coin issuance price

JOE coin, also known as Trader Joe token, is the native token on the decentralized trading platform Trader Joe. It was issued at 0.02 USD.

Issuance details

• Total amount of issuance: 100,000,000 JOE
• Issue time: June 2021
• Issuance platform: Avalanche blockchain
• Issuance mechanism: Public sale and Liquidity Mining

Open Sale Details

• Public Sale Time: June 16, 2021
• Public Sale Price: 0.02 USD
• Public Sale Token Quantity: 20,000,000 JOE

Before the public sale, JOE coins are distributed to early liquidity providers through liquidity mining.

Uses

JOE coins have multiple uses in the Trader Joe ecosystem, including:

• Trading fee discounts: Hold JOE coins to get a trading fee discount.
• Governance: JOE coin holders can participate in platform governance and vote on proposals.
• Staking rewards: Staking JOE coins can get additional rewards.
• Ecosystem development: A portion of JOE coin income is used to fund ecosystem development and innovation.

In the cryptocurrency market, the price of JOE surged by 4.75% in the last 24 hours. As of 15:00 on July 9, 2024, its value reached $0.299674057027, with a trading volume of $5150342.5179277. The circulating supply of JOE is 359694222, the maximum supply is 500 million, and the total supply is the same as the circulating supply. Its circulating market capitalization reaches a staggering $107791026.79591, reflecting the market’s confidence in its growth.

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