Liquidity Mining
$JANE is the 3Jane protocol token. There is nothing else.
$JANE Core Distribution Mechanics [Suppliers + Pullers]
$JANE emissions are split into weekly epochs.
$JANE total token supply will be between 1,111,111,111 and 6,666,666,666.
$JANE is distributed to suppliers, pullers, and other actors in a dynamic scaling mechanism.
$JANE realized APY of the emissions are a function of (a) realized total token supply at TGE (b) FDV at TGE. APY figures will deviate between the total token supply range.
$JANE is distributed based on daily TWAB snapshots.
Transferability will be enabled in 2026.
Example of Weekly Epoch
For illustrative purposes, 5m $JANE (representing between 0.075% - 0.45% of TTS) will be distributed in this example epoch, split among the following actions:
Holding USD3 - 700k
Holding Pendle LP-USD3 - 1.5m
Holding Pendle YT-USD3 - 2.75m
Withdrawing credit line - 50k
The internal KPIs required for each action to begin emission scaling are:
Holding USD3 - $10m TVL
Holding Pendle LP-USD3 - $10m TVL
Holding Pendle YT-USD3 - $10m in PT/YT TVL
Withdrawing credit line - $8m on-credit
Model of USD3 emissions:
1
$1m
100k
0.1
0.0015% - 0.009%
286% - 205,000%
2
$4m
100k
0.025
0.0015% - 0.009%
41% - 649%
3
$8m
100k
0.0125
0.0015% - 0.009%
19% - 176%
4
$10m
100k
0.01
0.0015% - 0.009%
14.6% - 126%
5
$15m
150k
0.01
0.00225% - 0.0135%
14.6% - 126%
6
$20m
200k
0.01
0.003% - 0.018%
14.6% - 126%
7
$25m
250k
0.01
0.00375% - 0.0225%
14.6% - 126%
This model shows two important parts of the $JANE Liquidity Mining program:
early depositors are disproportionately rewarded by locking up $JANE based on daily TWAB snapshots
late depositors are ensured competitive APYs through dynamic $JANE emission scaling once internal KPIs are met
This is merely an example of a weekly epoch and not indicative of real $JANE distribution.
Additional mechanics - see Credit Slasher and its interoperability with the $JANE token.
This will evolve into a more tightly-coupled and comprehensive tokenomics as the protocol scales and we learn what works and what doesn't - this may include governance, staking, fee accrual, slashing, and other novel mechanisms that are value accretive to both the protocol and token.
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