Fixed Staking APY$JIY is transforming DeFi space with the 3.0 DeFI yield farming protocol which delivers the industry’s highest fixed APY, rebasing rewards every 15 minutes, and a simple buy-stake-hold-earn system that grows your portfolio in your wallet very quickly.
This wallet is used to provide liquidity pool reward for the token holder in proprtion to $JIY tokens. This reward comes from a part of buy and sale fees.
Enabling long-term sustainability and future growth of the Justin Protocol.Preventing bank runs through price stabilityMitigating downside risk.
A Rebase Token is one whose circulating supply expands or contracts due to changes in the token price. This increase or decrease in supply works with a mechanism called rebasing. When it occurs, the supply of the token is increased or decreased algorithmically, based on the current price of each token.
Justin Yield takes advantage of a positive rebase formula which increases the token supply allowing JIY holders to keep growing their tokens, like in a traditional staking protocol.
The positive rebase is supported by the token’s buy and sell fees
APY stands for Annual Percentage Yield. This measures the real rate of return on your principal tokens amount by taking into account the effect of compounding interest. In the case of Justin Yield, your $JIY tokens represent your principal, and the compound interest is added periodically on every Rebase event (Every15 minutes).
Your new principal amount is your then current Justin Yield token amount, plus your new rebase token amount. This total amount is what gets calculated for your next rebase rewards.
One interesting fact about APY is that your balance will grow not linearly but exponentially over time! Assuming a daily compound interest of 2.5%, if you start with a balance of 1 $JIY on day 1, after a year, your balance will grow to about 9155 $JIY. That is the power of compound interest!
It provides three extremely critical functions for the growth and sustainability of Justin. The treasury functions as an additional financial support for the RFV. This additional support can become important in the event of an extreme price drop of the $JIY token. It helps to create a floor value for the $JIY token. The treasury is also used to fund new Justin products, services, and projects that will expand and build up Justin economy. Additionally, the treasury provides funding for marketing Justin.
This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.
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