JWLTADA

Minting

JWLTADA is a derivative token that can be minted using TADA.

JWLTADA can make use of POL by minting up to 1.3 JWLTADA per deposited TADA. This does not mean JWLTADA is not 1:1 backed. JWLTADA is 1:1 backed. Please read up on how POL works, what it does, and how the backing is ensured.

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Staking

Staking JWLTADA on JewelSwap will give the user more JWLTADA .

Rewards are paid out based on a 7-day epoch. This means that rewards are being accumulated for 7 days, and after this 7-day-epoch, the rewards are paid out to the stakers, relative to their staked amount.

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Rewards

Rewards for JWLTADA staking stem from these sources:

• TADA are being staked on xExchange to generate rewards.

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Unstaking

Unstaking JWLTADA from staking is possible after the initial lock up period has passed. When you first stake JWLTADA, it is locked for 7 days. After these 7 days have passed, you can keep your JWLTADA in staking or remove it from staking at any time, instantly.

If you deposit more JWLTADA or reinvest your rewards by depositing them again, the lock will reset.

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Swapping

In the future, a JWLTADA-TADA pool will be set up on AshSwap DEX. You will be able to swap JWLTADA on AshSwap at varying market rates.