JU Use Cases
JU tokens have a wide range of applications within the JuCoin ecosystem, making them an essential tool for leading success. Through various token functions, JU brings a rich value experience to users, encourages user engagement and loyalty, boosts overall value, and helps create a sustainable JuCoin ecosystem.
Trading Fee Discounts
JU holders can enjoy trading fee discounts, helping to reduce transaction costs for users and attracting high-frequency traders, thereby increasing trading volume and vitality. This will further drive the long-term development of the JuCoin ecosystem.
Applicable Scenarios for Trading Fee Discounts
Spot
Futures
Lending fee
Earn&Yield Enrollment
Forms of Trading Fee Discounts
The discounts will be tiered based on the amount of JU tokens a user holds, with varying levels of discount applicable. *Specific discount rate: JuCoin Trading Fee Rate Guide.
Conditions and Qualifications for Trading Fee Discounts
Minimum Holding Requirement: Users must hold at least 1,000 JU tokens to qualify for trading fee discounts.
Holding Period: Users must hold JU tokens for at least 30 days before they can start enjoying the discount benefits.
Membership Tier System: Based on the number of JU tokens held, users are categorized into VIP levels from VIP 1 to VIP 10. Each level offers varying trading fee discounts. (Specific token holding requirements for each VIP level are detailed in the JuCoin trading fee rate guide.)
Transparency of User Discount Mechanism
JuCoin will provide discount records and statistics on transaction fee savings in the personal page, allowing them to track the value of discounts in real-time.
JuCoin Profit Sharing
Users holding JU can earn a share of the JuCoin trading fee profits. The distribution will be based on the proportion of JU tokens held by the user, and profits can be distributed in JU tokens or other forms.
Fee Profit Sharing: 10% of the JuCoin net quarterly trading fee profit will be distributed to users according to the proportion of JU tokens they hold.
Ecosystem Project Profit Sharing: Additional profits from new projects or partnerships that the platform participates in will be distributed to JU holders via airdrops.
Eligibility and Conditions for Profit Sharing
Users holding at least 1,000 JU tokens are eligible for profit sharing.
Holding Period Requirement: Users must hold JU tokens for at least 30 days to qualify for profit sharing.
Weighted Profit Sharing: Users holding 5,000 JU tokens will receive a weighted profit share.
Distribution Forms of Profit Sharing (as specified in designated event announcements)
Platform Token Profit Share
Stablecoin Profit Share
Other Cryptocurrency Profit Share
Staking and Investment Rewards
Demand Staking Rewards: Users can stake and redeem their tokens at any time, with the Annual Percentage Yield (APY) varying according to market conditions.
Fixed Staking Period and APYs:
1 Month Staking: 3% APY
150 Days Staking: 5% APY
365 Days Staking: 10% APY
Return Calculation for Staking
Fixed Rates of Return: Based on the amount and duration of staking, users receive a stable return.
Variable Rates of Return: Returns are adjusted according to market demand, staking volume, and token prices.
Return Distribution Forms
Demand Staking: Returns are paid in JU, allowing users to reinvest for compound returns.
Fixed Staking: Rewards are paid in JU, but users cannot withdraw them during the staking period. Upon the end of the staking period, the rewards will be released to the user’s account.
Innovative Staking Reward Mechanism
Staking & Liquidity Mining: Users who stake JU tokens(Fixed Staking Only) can also participate in liquidity mining, providing liquidity to trading pairs and earning additional rewards from liquidity mining.
Launchpad Participation
Eligibility Conditions for Launchpad Participation (subject to project requirements)
Minimum Holding Requirement: Users must hold a certain number of JU to qualify for Launchpad participation.
Holding Period: 7/30 days.
Holding Tier: Users will be divided into different tiers based on the amount of JU held, with each tier having access to different mining pools and rewards.
Methods of Participating in Launchpad
Direct Purchase: Users can stake or pay a certain amount of JU to obtain subscription rights to new project tokens, with tokens distributed proportionally based on the amount staked.
Lottery System: Users earn lottery entry based on their JU holdings, and winners are eligible to subscribe to new project tokens.
Staking Swap: Weighted distribution is determined based on the amount and duration of JU staked by the user. After the staking period ends, users can redeem their staked JU and receive tokens from the new project.
Voting Rights & Governance
JU holders can vote on key proposals and matters related to JuCoin, such as listing new tokens, adjusting fees, and setting development priorities. This governance mechanism allows users to directly or indirectly participate in JuCoin decisions making, increasing their sense of involvement and responsibility. Thus JuCoin can better understand user needs and market priorities to make adjustments that align with market demands, moving the exchange toward greater decentralization and transparency.
Participation in Voting & Governance
Holding-based Voting: Users receive voting weight based on the number of JU held.
Staking-based Voting: Users can obtain voting rights by staking JU. The voting rights cannot be transferred during the staking period but can be reclaimed after staking ends.
Representative Voting: Certain voting events are limited to node participants. Each node user can stake only 1*JU token for voting, and after the voting deadline, all staked JU will be burned.
Scope of Voting & Governance
Token Listings: Users can vote on which new projects or tokens should be listed on the platform or their priority tiers for listing.
Fees and Profit Sharing: Users can vote on decisions regarding transaction fee rates, staking rewards, and other profit distribution rules.
Functionality and Product Developing: Users can vote on the planning and developing of new platform features to ensure that product updates meet user needs.
Rewards for Voting & Governance Participation
JU Rewards: Users who participate in Holding-based or Staking-based voting will receive JU rewards once the proposal is approved.
Other Token Rewards: Users who participate in new token listing decisions may receive the token airdrops from the new project that listed.
Brand Cooperation & Partnership
Brand cooperation benefits refer to partnerships between JuCoin and other brands, merchants, or service providers, where the partner stakes a certain amount of JU as collateral. These partnerships will be integrated into the JuCoin exchange, expanding the JuCoin ecosystem, enhance ecosystem scalability.
JuCoin Global Event Access
JuCoin global event access is an exclusive benefit for JU holders. By holding and using JU, users gain access to offline events hosted or co-hosted by JuCoin and its partners.
Red-Envelope™ Distribution
The JU Red-Envelope™ is a reward mechanism where users can set fixed or random amounts for red envelopes(gift) using JU. These red packets can be claimed by users via redemption codes on JuCoin and withdrawn into their account balance.
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