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The Story of Trader Joe I Avalanche Summit IITrader Joe, the largest decentralized exchange (DEX) on proof-of-stake blockchain Avalanche, has launched on Ethereum mainnet. The pseudonymous. JOE accrues value from all trades on its decentralized spot exchange. It is also used as the governance token for holders to vote on community proposals. Trader Joe is a decentralised crypto exchange that offers a slew of services including token swaps via an automated market maker (AMM), staking.