General FAQ
A general overview of Trader Joe’s features and how to use them.
- Trader Joe is your one-stop decentralized trading platform on the Avalanche network. You can read more in this introduction to the platform.
- $JOE is Trader Joe’s native governance and utility token. Check out our tokenomics for more information.
- Banker Joe is Trader Joe's lending protocol. You can find a comprehensive introduction to Banker Joe here.
- When you make a token swap on the exchange you will pay a 0.3% trading fee. 0.25% - Paid to liquidity pools in the form of a trading fee for liquidity providers. 0.05% - Sent to sJOE Staking You can find more information here.
- Yes, Trader Joe is fully audited by HashEx and Paladin.
- For further details, you can view the full reports
- There are multiple protocols that provide insurance cover for the Joe Platform.
- One key partner is inSure DeFi, which is a Decentralized Insurance Ecosystem, trusted by thousands of community members to protect their crypto portfolios from scams, exchange closures, and drastic devaluations. inSure DeFi provides insurance solutions for the crypto space to stabilize and secure Crypto & DeFi portfolios.
- Banker Joe only uses the Chainlink Price Oracle to ensure the highest levels of robust data feeds. You can read more about the safety of Banker Joe in this article.
- There are 2 main risks when interacting with DEX + Lending protocols (NOTE: These are not unique to the Trader Joe platform).
- 1.
- 2.
- You can use Trader Joe’s Trading interface to swap your assets for JOE.
- Gas fees are paid in order to make transactions on the blockchain. On Avalanche gas fees are always paid in AVAX.
- Increased slippage may be needed when a trade price differs from the time of request and the time of order. Certain tokens may require 5+% due to their tokenomics (not decided by TJ). For more information visit this link.
- Price impact is the influence an individual trade has over the market price of an underlying asset pair.
- No. Always remember to keep at least 0.1 AVAX in your wallet for gas fees.
- Stake into sJOE to earn your share of Trading Fees
- Stake your JOE Tokens and earn Boosted JOE Farm Yields
- Staking only requires JOE Tokens
- Farming needs JLP Tokens and is subject to potentially higher risks
- 1.
- 2.Community Farms: Voted for by the Cultivation Club, Community Governance program
- This refers to the Yield generated from the JOE Token distributed in a Farm
- This refers to the Yield generated from the Bonus Token distributed in a Farm
- A liquidity pool (LP) is a pool of two tokens, e.g. AVAX and JOE tokens. This pool is what allows users to exchange between the two tokens automatically. You can find a tutorial here.
- ZAP is a quick way to convert tokens to LP tokens (only available for certain tokens). Watch this video to find out more.
- Simply head to the Pool you wish to remove tokens from and hit 'Remove'. See our guide for more details.
- Metamask, Core Wallet, Coinbase Wallet, Trust Wallet, C98 and Rabby are all proven reliable. There are several options to choose from here.
- At the bottom of the MM window you will see 'Don’t see your token?'. Select 'Import tokens' and input the contract details.
- In the Trade section of the Trader Joe platform you can either search for white-listed tokens or paste the contract address.
Please note: Mods are not customer service and cannot be held accountable for issues experienced.
Last modified 5mo ago