dJGN Rewards Halvening 🦁📊
The dJGN system is modifying its reward structure to enhance JGN’s flexibility and bolster its medium and long-term outlook.
The dJGN rewards will be halved to address token inflation within the ecosystem during bear market conditions.
The dJGN halvening started on September 26th, 2023
The system went from 4k JGN a day to 2k JGN a day to empower the Juggernaut flexibility given the current state of the crypto market.
To adapt to the current cryptocurrency market conditions, we’ve explored various strategies, but we feel that our top priority should be reducing the quantity of JGN tokens in circulation.
We’ve consistently maintained a balanced approach to managing JGN tokens, and this approach will remain our guiding principle moving forward. Striking the right balance is crucial because not issuing enough tokens could hinder our ability to attract new ecosystem users, while flooding the market with too many tokens could have dire consequences for Juggernaut’s stability.
Recent shifts in the crypto market have led us to scale back the presence of dJGN, resulting in fewer crypto pools. We believe this revised system is fair for our existing Diamond JGN system supporters, which includes DAO and staking components. It enables us to continue offering rewards to our most loyal supporters while minimizing the negative impact of the bear market on our operations.
We view this development as positive news for all parties involved, demonstrating our unwavering commitment to the long-term vitality of JGN and our capacity to adapt to evolving market conditions.
This second halvening will ensure the long-term prospect of JGN and our ability to be flexible to catch the next market opportunities.
The dJGN halvening started on September 26th 2023
About dJGN
Diamond JGN (or dJGN) is a membership program that rewards early supporters and contributors. It is a way to thank the community for their immense support, share rewards, and attract new community members thanks to its incredible components.
Diamond JGN is a unique membership program with three core componens:
- Staking: Diamond JGN members will get JGN rewards for staking.
- DAO: vote on proposals, partnerships, and get truly involved.
- Exclusive Features: extra perks and upcoming secret rewards.
Diamond JGN Full How-To Guide: https://juggernautdefi.medium.com/diamond-jgn-full-how-to-guide-79b0be4879a5
JGN is unstoppable DeFi. We are building a friendly and cohesive ecosystem, where all the components are user-first and easy to access.
Invested by Binance, SoftBank (UK), Goldman Sachs (CA), LD Capital, or AVAX Asian Fund (AVATAR) among others, JGN wants to expand its reach across the whole decentralized space.
With DAO, NFT, Games, and Charity components, leading global partners, and a powerful community, JGN continues to revolutionize the DeFi space with powerful innovations.
Join us in our new DeFi for good initiative, with exciting charity mechanisms, including staking, burning, DAO voting, lucky draws, and more!
Welcome to the ultimate and seamless suite of tools to empower any charity to launch a DAO and powerful NFTs in one of the leading NFT marketplaces on BSC.
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