zJOE ZJOE
ZJOE
0.2862
$
8.18 %
Change 24h
Market Cap
$ 4,039,220
Volume 24h
$ 15,822
Circulating Supply
14,115,500
ZJOE
$
Description
Vector turns your PTP and JOE into productive assets by allowing you to convert them to xPTP and zJOE, which can then be staked to earn a share of Vector's performance fees.
Vector utilizes the tokens converted on the platform to stake on Platypus / Trader Joe, accruing vePTP and veJOE into perpetuity since we will never sell.
Our vePTP/veJOE balances are then used to boost stablecoin/LP yields on Vector, generating revenue for our protocol.
xPTP and zJOE stakers receive ~66% of Vector's revenue, plus additional rewards via our governance token, VTX.