# 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.

<details>

<summary>Example of Weekly Epoch</summary>

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:

| Day | TVL  | $JANE emissions | $JANE per $ | % TTS Emitted      | APY @ 250m FDV  |
| --- | ---- | --------------- | ----------- | ------------------ | --------------- |
| 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.*

</details>

**Additional mechanics -** see Credit Slasher and its interoperability with the $JANE token.&#x20;

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.&#x20;


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://docs.3jane.xyz/jane/liquidity-mining.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.