Dear Bitruers,
We will launch a new BTR vote on May 20, 2024, at 10:00 UTC. You can use your BTR tokens to determine whether the listing of Javsphere (JAV) will happen on Bitrue.
When the voting ends, the staking period will begin. For every day that your BTR remains staked you will continue accruing rewards, which will all be paid out in one lump sum at the end of the staking period. You can unfreeze your BTR earlier if you wish, but you will receive fewer rewards as a result. Staking for this coin will last for 7 days, and the total prize pool going out to all participants is $3,000 in JAV.
Deposits for JAV are now available. If the vote is passed, we will list it on May 20, 2024, at 10:00 UTC.
BTR Voting is available in the Bitrue app, available to download on both Android and iOS, or use the web version. Just tap on the BTR Vote icon on the homepage, then select the coin that you wish to support. If you want to maximize your rewards and support new projects as much as possible, you can purchase BTR on the Bitrue exchange.
What is Javsphere (JAV)?
Javsphere offers the next generation of Decentralized Finance (DeFi) products. Our ecosystem is being built upon the foundation of DeFiChain, a blockchain based on Bitcoin code that brings native DeFi capabilities to Bitcoin. On top of native DeFi, DeFi Meta Chain (DMC), was added as a functionality upgrade. DMC enables projects to build on the EVM-compatible layer quickly and deploy dApps and Smart Contracts (SC). Through the DMC, DeFiChain connects Bitcoin with Ethereum.
Our intuitive user interface makes accessing DMC products effortless, while you can maximize your DMC rewards, all within a central hub that simplifies the whole DeFi experience.
Javsphere Products include:
Javsphere comprises 6 innovative crypto product categories, all interconnected through reward mechanisms.
StakeX: A unique staking mechanism that offers JAV or DUSD rewards block by block for holding JAV or DUSD tokens.
CryoVault: Like a DeFi freezer or token lock-up concept, CryoVault offers enhanced rewards for locking up JAV or DUSD tokens over an extended period. Javsphere pays all earned rewards in JAV or DUSD.
TradeX: TradeX revolutionizes the trading of dTokens within the DeFiChain ecosystem by enabling direct buying and selling through the Javsphere user interface on the DMC, without the need to use DeFiChain’s Light Wallet.
AutoPilot: AutoPilot is our automated portfolio manager, constantly rebalancing your tokenized assets through SCs with plans for yield generation.
LeverageBooster: LeverageBooster empowers users with a high multiple leverage on tokenized assets (=dTokens) within the DMC ecosystem for amplified trading opportunities.
YieldFusion: Combining various liquidity mining and DeFi mechanisms, YieldFusion generates enticing rewards for users. YieldFusion connects our own and other services from external DMC projects, increasing yield within the Javsphere. All rewards are paid out in JAV, allowing users to access top DMC projects seamlessly without leaving the Javsphere with attractive APYs.
Details:
Website: https://www.javsphere.com/
X Space (Twitter): https://twitter.com/Javsphere
Blockchain explorer: https://blockscout.mainnet.ocean.jellyfishsdk.com/
Thank you for your support!
Bitrue Team
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Disclaimer: Bitrue reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
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