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.
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