Thread by @TraderJoe_xyz

the Staking with $JOE mega 🧵

Choice, Options, Utility...Everything a DeFi Token should offer you, the holder.

With $JOE you get ample choice, from native options, and partner integrations 🤝

So, want to know how to put your Lil $JOE's to work?

Explore below 👇

sJOE - Earn $USDC

Single-sided staking, no risk of IL

All rewards are organic, generated from trading fees collected by the platform

Yield ~30% APR based on previous 7 days..But when the Bull returns, expect this to increase

Deposit fee 1% deducted from deposited $JOE

rJOE - Rocket Joe Launches

Earn rJOE Credits to unlock exclusive access to Launch Events

Every 100 rJOE unlocks the ability for you to deposit 1 $AVAX into a Launch

rJOE is a non-transferable Token and is burned on use when entering a Rocket Joe Launch

veJOE - 'Vote Escrow JOE'

Accrue veJOE to unlock the 'Boost APR' for certain Farms, increasing your $JOE Farm Yield

More veJOE = Higher Boost

When you stake $JOE into veJOE, if you unstake any $JOE Tokens you will lose all of your accrued veJOE

veJOE is for the 💎🙌

$JOE - Use as Collateral

Take your $JOE and Borrow against your $JOE

@YetiFinance
- Stake $JOE Earn sJOE Yield + Borrow $YUSD

@Moremoneyfi
- Stake $JOE Earn sJOE Yield + Borrow $MONEY

Borrowing against $JOE is risky

Always check full details with partners

#JOEWARS

Our partners compete for your $JOE ...

Get a mixture of rewards and opportunities with yield up to ~250% APR and arbitrage opportunities from converting ... let's dig into them below

You'll uncover some real 💎's ...

@steakhut_fi - Convert $JOE to hJOE

Currently, you cannot reverse this conversion

Once you convert to hJOE you can stake that hJOE

Earn up to 250% APR

All rewards paid in $STEAK

$STEAK entitles you to ownership of the protocol, with promised $JOE airdrops in the future

@vector_fi - Convert $JOE to zJOE

zJOE is tradable so you can convert it back to $JOE

zJOE is also at a discount (see image)

Earn up to 106% APR

All rewards paid in $JOE + $VTX

$VTX can be staked + locked for additional yield

@yieldyak_ - Convert $JOE to $yyJOE

yyJOE is tradable so you can convert it back to $JOE

yyJOE is also at a large discount (see image)

Earn around ~60% APR

All rewards paid in $JOE

@beefyfinance - Convert $JOE to $beJOE

beJOE can be traded back to $JOE via a native option but only if there is Liquidity

Staking options can be compounded or via a pool

Earn around ~30% APR or APY

All rewards paid in $JOE

@FrankVeFarmer - Spend $JOE to mint an NFT

Spend more $JOE and mint a higher tier NFT

4 Levels of NFTs in total

Higher tier your NFT, the larger your reward share

The NFT can be thought of as a Bond, providing you with a constant income of $JOE

Farmer Frank is coming 'soon'

And there you have it...

The full range of $JOE Staking options (for now)

$JOE works hard and provides you with real utility

Embodying the true spirit of DeFi composability

Gud $JOE (+ Volly)