Staking Rewards Update: zJOE and LVTX February Distribution
Staking Rewards Update: zJOE and LVTX February Distribution
馃挵 Your Staking Rewards Arrived
Latest Staking Returns:
- $zJOE stakers: 13,847 USDC
- $LVTX stakers: 1,258 USDC
These rewards will be distributed linearly from February 3rd to March 1st, 2025. This represents a change from January's distribution, where $zJOE received 7,567 USDC and $LVTX received 30,356 USDC.
Note: Pending returns for Lendle, KTX, and MerchantMoe will be announced separately.
On 02/03/2025, returns were collected in the nets for $zJOE and $LVTX stakers and 13,847 $USDC for $zJOE and 1,258 $USDC for $LVTX stakers were loaded into the reward pools to be distributed linearly between 02/03-03/01 #yieldfarming #PassiveIncome #staking #traderjoe $JOE #avax
zJOE Buyback Program Shows Strong Results with Improved Ratios
The zJOE Buyback Program has demonstrated significant progress in asset value correction. Key highlights: - Ratio improved from 1 JOE = 3.5 zJOE to current 0.8972 JOE - Total of 6,857,488 zJOE repurchased - 4,148,998 zJOE permanently burned - 2,651,956 zJOE staked for LVTX returns Early investors have benefited from: - Multiple increases in asset value - Regular USDC returns from high rates - Additional MOE token ownership The program continues to maintain sustainable high return rates through systematic buybacks.
Staking Rewards Update for zJOE and LVTX
Returns for $zJOE and $LVTX stakers were collected on 10/08/2024: - $zJOE stakers: 6,589 $USDC - $LVTX stakers: 2,009 $USDC These rewards will be distributed linearly from 10/08 to 11/09. **Important change:** Starting this accounting period, rewards will now be collected on the 1st of each month. For more details, visit the Discord channel link provided.