Banker Joe Updates. • JOE Emissions Banker Joe receives have been reduced by 72%.
09 Apr 2022, 20:55
🔺 Banker Joe Updates
• JOE Emissions Banker Joe receives have been reduced by 72%
• This represents a reduction of ~55,000 JOEs per day
• Banker Joe will get some focus 'soon' including new Markets!
• We will also explore veJOE Lending options
🔺 Banker Joe: Updated Markets
• The UI is 'lagging' and may still show 'Rewards APR' for old markets
👉 JOE Rewards only supplied for AVAX and WETH Lending
👉 JOE Rewards only supplied for USDC.e and USDT.e Borrowing
• All other markets will receive NO JOE Rewards
🐮 veJOE Wars: Beefy Finance
• Beefy enter the fray and deploy: beJOE
• Similar to yyJOE you can take your JOE and swap that for beJOE
• beJOE earns 5% of all JOE emissions that Beefy collect from Farms
• beJOE can be staked into a beJOE Vault to auto-compound beJOE
• beJOE can be pooled into the beJOE Pool where you receive JOE
• beJOE can be swapped back to JOE only if there are 'reserves'
• Beefy Finance have also deployed 'Boost Farms'
• Read more here 👈