JVault

What Is JVault ?

JVault is a TON-based ecosystem for project creators and investors that includes four active products: Staking (a service for creating and interacting with token staking pools), Launchpad (decentralized 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).

What Is JVault Token (JVT)?

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).

How JVT Was Distributed?

Total supply is 10 000 000 JVT. TGE occurred on 02/01/2024. The tokenomics are divided into 6 parts:

• JVT Staking: 2,500,000 tokens are allocated for everlasting JVT staking. Due to a special formula, the number of tokens allocated for rewards will decrease every two years, but these tokens will never run out.

• Private sale: 1,000,000 JVT allocated to private round. 430,000 of them were burned, while remaining 570,000 were sold. These tokens will start entering the market 6 months after TGE at 47,500 JVT per month. They will be fully unlocked 18 months after TGE. The average price of one JVT in the private round was $0.045

• IDO: 500,000 jettons were sold in the public round which lasted less than 20 minutes. All tokens were unlocked immediately after the TGE. The average price of one JVT in the public round was $0.09.

• Marketing: 2,000,000 tokens are being used for marketing purposes, including rewards and payment for advertising. 400,000 JVT were unlocked at TGE, with the remainder to be gradually unlocked over 5 years.

• Team: 2,000,000 JVT were allocated for the project team. Gradual unlocking will be phased in over 5 years, starting 12 months after TGE.

• Liquidity: 2,000,000 tokens allocated to maintain liquidity on DEX and, in the future, CEX. 800,000 JVT were unlocked at TGE, all the remaining 1,200,000 JVT will be released in equal monthly installments over 5 years.

Who Are the Founders of JVault?

JVault began as a startup by two student friends, Daniil Markov and Dmitry Schagin, in September 2023, following their prize-winning performance at Hack-a-TON, organized by TON, AWS, and DWF Labs. Initially, the project team had nothing but $500 and a dream to create a product unparalleled in the TON ecosystem. However, just a month and a half after the concept emerged, JVault started public testing, and by November 13, the first version of the platform was released in Mainnet.

The project never received grants or major investments: during the Private Sale, which lasted about a month, only about half of the tokens were sold, amounting to about $25k. Yet, the guys never lost heart and continued diligent development, completing one milestone after another. Ultimately, in less than six months since launching in Mainnet, they delivered a product that has become one of the leading solutions in its field.

Where Can I Buy JVault token (JVT)?

You can buy JVT on two leading DEXes on TON blockchain: Dedust.io and Ston.fi