Good afternoon, everyone! I've noticed that the on-chain gaming protocol Jackson.io has made another big move: JacksonLP has jumped straight to version 2.0! The gameplay is quite different from the previous version 1, so I thought it was important to share some information with everyone.
In the past, V1 was played like this:
You stake your coins (like USDC or SUI) on their platform, and the platform will give you corresponding JacksonLP tokens, so you can sit back and wait for dividends! You can even use these tokens to play their games. The key point is: you can issue as many LP tokens as you want, and you can deposit or withdraw money at any time.
BUT! Now the 2.0 version has a completely revamped gameplay:
1. It's becoming Pendle-like! Instead of randomly issuing tokens, we're issuing something called "income certificates." The total supply is fixed, and each certificate has a fixed value (face value). These are rare items! Addressing impermanent loss makes them even more attractive.
2. 90-Day Time Lock: Your deposited capital (principal) must be held for 90 days before you can withdraw it. The advantage is a more stable return!
3. Want to get out early? You can sell it! While the money is locked up, if you need it suddenly, you don't have to wait 90 days! This "income certificate" can be sold directly for cash on exchanges like Tradeport, making it much more flexible!
4. Automatic dividend deposits for peace of mind: Earnings from the platform are automatically airdropped into your wallet, eliminating the need for manual intervention. Just sit back and collect! However, be careful not to transfer your receipts to other wallets without permission. Wait for official updates before proceeding!
5. Earn interest on your spare money! The platform won't let your deposit sit idle and rot. Any unused funds will be placed in the SUI official pool to earn interest. And all the interest earned will be shared with those who have proof of ownership! What a smart calculation!
Brother Shui summarizes the advantages of 2.0:
More stable and safer: No need to worry about losing money due to wild price fluctuations (impermanent loss? Goodbye!), and returns are more predictable.
Even if the funds are locked, there is no need to worry about them getting stuck: although the funds are locked for 90 days, the certificates can be sold at any time for cash, which is stable and flexible. I think this upgrade is very good!
Lazy people love it: dividends are automatically distributed and your spare money automatically earns interest for you, saving you trouble!
How to participate? Limited time offer!
Now JacksonLP 2.0 is taking the "quarterly release" route, just like selling limited-edition fashion brands, only a fixed number of vouchers are released each season! For example, this season (2024 Q4), only 150 vouchers will be sold in total:
USDC: 50
SUI: 100
So, if you're interested, remember to keep an eye on the next season's sale! Be quick, or you'll miss out! Shui Ge only managed to snag 10 USDC certificates this time.
Is that clear enough? I've tried to keep it simple and understandable! In short, JacksonLP 2.0 is more stable and smarter. While it requires locking up, it also allows for flexible selling. Those looking for a steady passive income should check it out! Be sure to stay tuned for the next sales event! I'll continue to introduce potential projects on the SUI chain, so please follow me and let's make Sui Great Again together!
