🌊Liquidity Rewards Program

Starting Mid January 2023

Overview of the Liquidity Rewards Program

  1. Uniswap charges a flat 0.3% transaction fee for every swap, and this fee is distributed proportionally to each investor in the liquidity pool.

  2. Depending on the number of transactions on the DEX, Liquidity Providers can earn anywhere between 2% to 50% annual interest from Uniswap fees.

  3. USD 0.1 worth of $JED will be allocated and minted for every USD 1 JED pairing.

  4. 12.5% will be removed from Total Supply through True Burn while 87.5% will be minted into the Rewards Pool.

  5. 12.5% of the minted $JED will be removed from Total Supply through our True Burn mechanism, while 87.5% will be minted into the Rewards Pool.

  6. The Liquidity Rewards Program was designed to improve token depth while mitigating Impermanent Loss and rewards the Liquidity Provider.

  7. Liquidity Providers may remove their liquidity freely as we will be tracking the pools and re-adjusting the reward proportions accordingly.

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