Trader Joe's Native Coin Climbs as the DEX Unveils 'Modular Staking'

Posted on by American Coins & Gold

Trader Joe's Native Coin Climbs as the DEX Unveils 'Modular Staking'
JOE, the native token of Avalanche-based decentralized exchange (DEX) Trader Joe, is leading a rally in DEX coins after the protocol announced modular staking – a system gives token owners three independent ways of staking their holding.Messari data show the JOE token has advanced 58% in the past seven days, outperforming DEX giants like UNI, CAKE and CRV by a significant margin. The cryptocurrency was changing hands near $1.4 at press time, representing a 2% drop on a 24-hour basis.”The token has been drawing demand probably due to its modular staking and the new primitive they are launching,” Lucas Outumoru,…