Jump DeFi
  • Get Started
    • Introduction
    • Rainbow Bridge
    • Get Started With Telos
      • Creating A Wallet
      • Fund Your Wallet
      • Bridging to Telos EVM
  • Products
    • ๐Ÿ”„Jump Swap Aggregator
      • Automated Market Maker
      • Invisible Swaps
      • Farming
    • ๐Ÿ’ŽJump Pad
      • Initial DEX Offering (IDO)
      • Private Sales
    • ๐ŸงชJump Token Laboratory
      • ๐Ÿ‘จโ€๐Ÿ”ฌHow to Create a Token
    • ๐ŸŽJump NFT Staking
    • ๐Ÿ’ธxJUMP
    • ๐ŸŽŸ๏ธFast Pass
  • Tokenomics
    • ๐Ÿช™JUMP
      • Token and Supply
      • Emissions Schedule
    • ๐Ÿ”Locked JUMP
  • Early Jumper Rewards
    • ๐Ÿช‚Air Jump NFT Airdrop
    • ๐Ÿง‘โ€๐ŸŒพInitial Farm Offering (IFO)
  • Security
    • Audits
  • Developers
    • CLI Trading
    • CLI Farming
  • Resources
    • Brand Assets
    • Contact Us
      • List a Token
      • Whitelist Farm Applications
      • Jump Pad Applications
      • NFT Staking Applications
      • Links
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  1. Tokenomics

Locked JUMP

Emissions from yield farms and NFT staking are claimed as Locked JUMP (LJUMP) and vested linearly

Locked JUMP vesting enables Jump DeFi to offer high yields in a manner that is significantly more sustainable than competitors. This gives the community confidence to hold JUMP token long-term to take advantage of the valuable utilities the platform has to offer.

When a user claims rewards from farming and NFT staking they receive Locked JUMP (LJUMP) which automatically starts vesting into JUMP tokens. When Locked JUMP is claimed it is sent to the unlocker contract and the contract initiates the 30-day linear vesting period.

Early Unlocking with Fast Passes

Fast Pass NFTs allow users to pay the protocol to increase the speed of vested JUMP rewards from Farms and NFT Staking. Fast Pass NFTs increase the vesting rate of locked JUMP by 2X, resulting in a 15 day linear vesting duration.

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Last updated 1 year ago

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