JWLHTM is a derivative token that can be minted using HTM.

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


Staking JWLHTM on JewelSwap will give the user more JWLHTM.

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.


Rewards for JWLHTM staking stem from these sources:

  • Modules where JewelSwap utilizes Hatom (in particular the HTM Tokens), 15% of user-generated rewards (which are in USDC) are used to buy JWLHTM, which is ultimately given to stakers.


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

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


You can swap JWLHTM at varying market rates on Ashswap. If the price of JWLHTM is below it's intrinsic value, it may make sense to arbitrage the price difference.


JWLHTM is redeemable 1:1 for HTM.

The redemption period is 90 days. During 80 of those 90 days, the user will earn a fixed 3% APR. After the 90 days have passed, the user gets 1:1 HTM (plus the 3% APR) and the JWLHTM are burned by the protocol.

The reason for the 10 days, where no rewards are given out, is that the HTM tokens need to be unstaked by JewelSwap, and tokens earn no rewards during the unbonding period.


JWLHTM being redeemed




Rewards per day


80 days rewards


Interest earned


Total Received after Unbonding


Last updated