JP3Gvault Litepaper
  • THE JP3Gvault MANIFESTO
    • Manifesto
    • Official links
  • The problems we solve
    • Invest in Blue-Chip NFTs even if you don’t have the funds
    • Benefit from experts’ research in NFTs
    • Contribute your NFT research and get paid
    • Competitive analysis
  • What is JP3Gvault ?
    • The DAO
    • Decentralized Growth Program
    • Investment Process
    • Decentralized Ownership
  • GOALS FOR 2030
    • #1 : Assets under management
    • #2 : Holders
    • #3 : Product driven ecosystem
  • THE $JP3G TOKEN
    • Token address
    • Pooled Funds
    • Tokenomics
    • How to buy and more
    • Why hold and stake $JP3G
    • Mint of the remaining supply
  • INVESTMENT GOVERNANCE
    • Balancing
    • Our investment thesis
    • Suggestions
    • Vote
  • The Dashboard
    • Link
    • Staking
    • Viewing the NFT portfolio
    • Analytics
    • To come
  • HOW TO GET PAID WITH JP3GVAULT
    • JP3Gvault Ambassadors
    • Staking $JP3G
    • Participating in the DAO
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On this page
  • 1. Launch on other DEX/CEX/Blockchain
  • 2. Staking rewards
  • 3. Team
  1. THE $JP3G TOKEN

Mint of the remaining supply

At Launch on Avalanche blockchain. The circulating supply of the JP3G token was 565 000 000 tokens. The maximum total supply will always be 1 000 000 000 tokens. We now have moved to Polygon, but same rules applies.

The remaining supply will be minted as the project moves forward.

The minting of new tokens will always be announced in advance to holders and will fulfil 3 purpose.

You can find the minting history of new tokens at the end of this page.

1. Launch on other DEX/CEX/Blockchain

In order to launch on other DEX/CEX or Blockchain, if needed, we’ll have to mint tokens to add them in liquidity.

If we decide to launch on a new blockchain, the total supply across all blokchains will never exceed 1 Billion.

Exemple: If we have 700M Tokens already minted on Avalanche and we decide to move to another chain like Ethereum, we’ll never have 1 Billion on Avalanche + 1 Billion on Ethereum. It’d be 700M on Avalanche and 300M on Ethereum. Of course, those numbers are just here to illustrate the example and do not reflect the reality.

2. Staking rewards

Staking rewards are paid in JP3G. Since the beginning, we wanted to rewards early investors by giving them the opportunity to gain more JPEG by staking.

This means we need to have JP3G to distribute rewards among the holders.

It can lead us to mint more JP3G to keep the rewards going.

As the project moves forward, the amount of JP3G distributed in the rewards will decrease but the $ amount should increase with price.

Example: assume that in order to distribute 60k$ we need 30M JP3G, as the JP3G price rises, we can lower the number of JPEG but keep a 60k$ distribution since the price per token will go up.

For the sustainability of the project, we’ll have to lower the number of JP3G distributed over time.

3. Team

If a minting occurs for this purpose, it'll be notified in the minting events history below.

Note that if our token pooled fund is providing enough JP3G for any of the purpose mentionned above, we’ll use that instead of minting new tokens.

Minting events history:

  • Mint - 25/08/2023

    • Distribution of the mint:

      • 10 000 000 for the 3 months (September 1st to November 30th) reward period of staking

      • 500 000 as part of the 5% supply reserved for team

  • Mint - 31/07/2023

    • Distribution of the mint:

      • 3 500 000 for the July reward period of staking

      • 500 000 as part of the 5% supply reserved for team

  • Mint - 01/07/2023

    • Distribution of the mint:

      • 3 500 000 for the July reward period of staking

  • Mint - 30/05/2023

    • Distribution of the mint:

      • 3 500 000 for the June reward period of staking

      • 1 000 000 as part of the 5% supply reserved for the team

  • Mint - 01/05/2023

    • Distribution of the mint:

      • 3 500 000 for the May reward period of staking

      • 1 000 000 as part of the 5% supply reserved for the team

  • Mint - 03/04/2023

    • Supply minted: 4 500 000

    • Distribution of the mint:

      • 3 500 000 for the April reward period of staking

      • 1 000 000 as part of the 5% supply reserved for the team

  • Mint - 01/03/2023

    • Supply minted: 5 000 000

    • Distribution of the mint:

      • 3 500 000 for the March reward period of staking

      • up ot 1 000 000 as a reward for community contribution trough crew3

      • 500k for liquidity provider, as a reward for them

  • Mint - 04/02/2023

    • Supply minted: 5 000 000

    • Distribution of the mint:

      • 3 500 000 for the February reward period of staking

      • up ot 1 000 000 as a reward for community contribution trough crew3

      • 500k for liquidity provider, as a reward for them

  • Mint - 30/12/2022

    • Supply minted: 5 000 000

    • Distribution of the mint:

      • 5 000 000 for the January reward period of staking

  • Mint - 02/11/2022

    • Supply minted: 5 400 000

    • Distribution of the mint:

      • 5 400 000 for the upcoming DigitsClub mint - voted by the JP3G community

  • Mint - 30/10/2022

    • Supply minted: 3 000 000

    • Distribution of the mint:

      • 2 500 000 for the fifth reward pool of staking v2

      • 500 000 for the upcoming DigitsClub mint - voted by the JP3G community

  • Mint - 30/09/2022

    • Supply minted: 7 000 000 JPEG

    • Distribution of the mint:

      • 5 000 000 for the fourth reward pool of staking v2

      • 2 000 000 for team

      • According to the tokenomics, 5% of the total supply will be allocated to the team and minted along the way

  • Mint - 16/08/2022

    • Supply minted: 15 000 000 JPEG

    • Distribution of the mint:

      • 10 000 000 JPEG for the second reward pool of staking v2

      • 5 000 000 JPEG for OTC deals purpose

  • Mint - 16/07/2022

    • Supply minted: 25 000 000 JPEG

    • Distribution of the mint:

      • 15 000 000 JPEG for the first reward pool of staking v2

      • 10 000 000 JPEG for OTC deals purpose

  • Mint - 31/05/2022

    • Supply minted: 60 000 000 JPEG

    • Distribution of the mint:

      • 25 000 000 JPEG for listing purpose (LBANK)

      • 20 000 000 JPEG for the third reward pool of staking

      • 15 000 000 JPEG for OTC deals purpose

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Last updated 1 year ago

As previously mentionned in our , 5% of the supply is reserved for the Team. It'll be minted slowly has the project moves forward and only if needed. Pooled funds and OTC deals are allowing the project to get back some tokens in treasury without the need of minting.

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Tokenomics
https://polygonscan.com/tx/0x405005b55219633c75c69be15d11fdfbc80a621a56a4d85f698c01bd581ebf40
https://polygonscan.com/tx/0xde0391243923a735a13acafbc289b3f4748a0457092715e663728b109a90b2ca
https://polygonscan.com/tx/0x2f74e04fadcf570e62cb94ba4916dde3babacdc3dfff6aba0796e6ba1594da9a
https://polygonscan.com/tx/0xa171a75e24634882ac89c183b9f3e25da3395e865a7c657cf382cd58249a8915
https://polygonscan.com/tx/0x865bbbfa1384253642e8d133109e452bb1661ade6c0b6cf81fd38a825d3fe1ec
https://polygonscan.com/tx/0x049f18b2ca76b3b54044153761ee905cfc0cf0aee9a13ef1d84bc84aa7923652
https://polygonscan.com/tx/0x6e7d36bd1d6bd055aa594ce534dc38214c7a77c304dd3cce7639e76acde7a379
https://polygonscan.com/tx/0xbddb727349120c82e8c9b32da6a2dab6fcb8b34c92bf07fd330b62aecd40c617
https://polygonscan.com/tx/0xdae964a990e820a6a70789adc3da465725a73576c39904588d96bc6926eaf76e
Avalanche Transaction Hash (Txhash) Details | SnowTrace
Avalanche Transaction Hash (Txhash) Details | SnowTrace
Avalanche Transaction Hash (Txhash) Details | SnowTrace
Avalanche Transaction Hash (Txhash) Details | SnowTrace
Avalanche Transaction Hash (Txhash) Details | SnowTrace
AVAX Transaction Hash (Txhash) Details | SnowTrace
AVAX Transaction Hash (Txhash) Details | SnowTrace