Introduction

Last updated 8 months ago

Introduction

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What is JVault?

JVault is an ecosystem for project creators and investors that includes four active products: Staking (a service for creating and interacting with token staking pools), Launchpad (a platform for tokensales), Quest Bot (a MiniApp for running quest campaigns to reward active community members) and Locker (a service for locking tokens with vesting)

You can read more about each of JVault's products in the following sections:

JVT Token

JVT is one of the most important parts of the JVault ecosystem. All JVT holders can stake it in a special staking pool, which not only allows them to receive standard returns as a percentage of the position, but also to participate in the distribution of 50% of the service's revenue by earning TON and tokens placed on JVault. Moreover, JVT is used to pay fixed fees on the platform (all JVT earned this way are automatically burned).

BUY JVT

STAKE JVT

JVault charges a fixed fee of 50 JVT and 200 JVT respectively for creating staking pools and conducting sales on the launchpad. In addition, staking pools charge a commission in the form of a percentage of the rewards allocated to stakers (in the same token as the rewards), and tokensales charge a commission in the form of a small percentage of the amount of funds raised.

10 % of the platform's commissions are sent to the project team's wallet, while 40 % are converted into JVT and subsequently burned, and 50 % are automatically distributed among JVT stakers through smart contracts. This is TON's first ever blockchain implementation of the divedend model, allowing revenue to be distributed to token holders and operating fully autonomously.