JWLSCA
JWLSCA is a derivative token that can be minted using CETUS 1:1.
Staking
Staking JWLSCA on JewelSwap will give the user more JWLSCA.
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
Rewards for JWLSCA staking stem from these sources:
SCA staking where JewelSwap will convert the SCA received to veSCA to earn a share of the governance staking rewards, which are swapped to JWLSCA.
SCA Yield Farming Modules (In progress) where JewelSwap utilizes SCA for boosted farms and distributes a percentage of the yield farming rewards to the JWLSCA stakers.
Rewards can be bought from the open market by swapping to provide protocol-driven buy pressure to JWLSCA.
Unstaking
Unstaking JWLSCA from staking is possible after the initial lock up period has passed. When you first stake JWLSCA, it is locked for 7 days. After these 7 days have passed, you can keep your JWLSCA in staking or remove it from staking at any time, instantly.
If you deposit more JWLSCA or reinvest your rewards by depositing them again, the lock will reset.
Swapping
You can swap JWLSCA at varying market rates on SCA.
POL (Protocol-owned Liquidity)
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