LFJJOE
Overview
What is LFJ?
LFJ (previously Trader Joe) is a non-custodial exchange protocol built on Avalanche (originally a fork of SushiSwap). LFJ was founded by an anonymous team and launched in 2021.
How does LFJ work?
Liquidity providers deposit funds into LFJ and receive trading fees from traders (supply-side fees).
Who governs LFJ?
JOE tokenholders own and govern the protocol. They currently take a cut of the total trading fees paid by traders (revenue). LFJ's investors include Three Arrows Capital, DeFiance Capital, GBV Capital, Mechanism Capital, etc.
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.