Rewards
Last updated
Last updated
All rewards are collected from Tuesday to Tuesday and distributed every Thursday, except for the real yield.
Inflationary (new created $JLY Tokens)
Real Yield (Collected from Protocol Fees and be various Tokens)
Partner Rewards (Token from other Projects like $SEI and $FXS)
$JLY tokens are newly created and can be accessed via the Claim Page.
Claim Now: Receive 50% of your rewards directly in your wallet; the remaining 50% are burned.
Start boosting: Initiate a 30-day countdown to unlock the full amount of your rewards. During this phase, you can monitor a timer displaying the remaining days until you can claim your rewards. At any point, you may choose to "Claim now" your rewards by paying a prorated fee of 50% based on the remaining days. For example, if 21 days are left in your cooldown, you pay a 35% fee.
Note: You can initiate only one cooldown phase at a time. If you are currently in a cooldown phase and it overlaps with another reward distribution, the rewards will accumulate and will be claimable after the current cooldown ends. You can also opt to Claim now the remaining days to immediately end the cooldown phase and start a new one.
Each protocol component, like JellySwap and JellyStake, has its own separate cooldown.
Real yield is generated from:
Swap Fees on JellySwap: 50% of the fees collected from swaps are distributed to liquidity miners, and the remaining 50% are sent to the DAO address.
Fees from Future protocols such as jAssets
Partner Rewards coming from other Projects like Sei and Frax. Partner Rewards can be also accessed via the Claim Page. Partner Rewards dont have a cooldown phase and can be claimed directly.
For Liquidity Miners: Real yield is retained in LM tokens, which accumulate over time but are not available on the Claim Page.
For the DAO: Real yield is planned to be distributed to stakers via a governance proposal. Until then, it accumulates in LM tokens at the DAO address.
