I love a good launchpad project, and that is why I am constantly looking for such opportunities on PenguinFinance, Binance, Kucoin, and now also on Avalaunch. But, yesterday I also discovered that TraderJoe has opened an opportunity for JOE holders to stake their tokens and then get rJOE tokens as a reward. These tokens can later be used for launchpad projects run on TraderJoe, meaning that this platform will take up the battle with PenguinFinance and Avalaunch, all running on Avalanche.
To me as an investor, this is just interesting, because I get even more platforms and places where I can invest, and hopefully, get even bigger returns. I haven't really bought many JOE tokens, but I have received quite some tokens in reward because I am staking LP tokens on PenguinFinance, and the biggest part of my rewards are given in JOE tokens. Isn't that quite cool? So, now I have staked them for rJOE tokens on TraderJoe, and soon I will be able to be a part of the Heroes Of NFT token sale on TraderJoe, just like I was just a part of the same token sale on Avalaunch.
I will, of course, report back with the results as soon as I know more. Until then, I love all these platforms, as they all produce profits, so that makes me happy no matter what!