Banker Joe
Lending
Risk Rating
Watch Out
Protocol Code Quality
Protocol Maturity
Protocol Design
Summary
What we like
TraderJoe's lending platform, Banker Joe, is based on the Compound protocol, one of the most reputable money market protocols.
What we like less
Banker Joe is still very small relative to its sister DEX and will likely require more inflationary protocol emissions to capture market share from the top Avalanche lending platform, Benqi.
What it means for you
Banker Joe is a simple way for you to easily earn additional yield by lending your crypto assets to borrowers without leaving the Trader Joe ecosystem.
Information
Exploit/Hacks
None
Info
Key Metrics
Risk Assessment
Watch Out
Protocol Code Quality
Protocol Maturity
Protocol Design
Things to know about Banker Joe