JOO token
At its core of Joo Loans is the $JOO token.
JOO Token:
Network: BNB
Contract Address: to be announced
Max Total Supply: 100 billion JOO (🔥deflationary)
Premine: zero
Team allocation: zero
VCs: zero
JOO Intrinsic Value
Each JOO token is backed by BNB tokens, which are deposited into the protocol's smart contract. This pool of BNB ensures that every JOO token is secured by real, liquid value. As a result of burning mechanisms and accumulated fees, the ratio of BNB per JOO can only increase.
Incentivized Liquidity
Users may provide concentrated liquidity to the JOO pool(s) on Thena Exchange, the leading ve(3,3) DEX on BNB chain. Read more about incentivized liquidity and voting bribes.
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