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

5m $JANE (representing between 0.075% - 0.45% of TTS) will be distributed in the 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

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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