Discover that CZ and Sister Yi have separately forwarded posts containing the $Jager tag, boldly speculating that the two bosses support Jager, after all, Jager is the smallest unit of BNB, and the Jager community uses "BNB $100000" as its slogan.

CZ may prefer projects with a sense of design in mathematical models.

Brother Bee still holds the Jager airdrop from before and bought some at the low point. During the holding period, he received dividends. These dividends come from the transaction fees of Jager trading.

➤ "Risk + Stability" Combination Dividend Mechanism

Holding more than $146 billion in the wallet allows one to receive transaction fee dividends.

Half of the dividends are in $Jager, while the other half is distributed in the form of $JagerBNB. The design of $JagerBNB is also interesting, being equal to one hundred millionth of $BNB, as the smallest unit of BNB is called Jager.

In this way of distributing dividends, half of the $Jager is sent to users, allowing them to gain risk premiums from price fluctuations. The other half of $JagerBNB acts as a stablecoin based on $BNB, providing relatively stable dividend income.

➤ The Downward Cycle of Coin Price and Dividends and the Upward Flywheel

The dividend mechanism of Jager feels a bit like AMPL from back in the day, although it only feels somewhat similar; the mechanisms are not the same.

Back then, when AMPL was declining, the coin price dropped, and the amount of coins held also decreased, entering a death spiral. When the coin price rose, and the amount of coins held increased, it entered an upward flywheel.

In the case of Jager's dividend mechanism, when the coin price drops and trading volume also decreases, it enters a downward cycle. However, it does not reach a death spiral because when holders sell their $Jager, the number of remaining people sharing the dividends decreases. Therefore, some people will buy $Jager in the bottom range, and at that time, trading volume will start to increase, and the dividends received by holders will also increase. Gradually, as the coin price rises and trading volume increases, it will begin to enter the upward flywheel.

The following chart shows the process of $Jager transitioning from a downward cycle to an upward flywheel.

In fact, those holding Jager understand this principle, which is why there are currently over 160,000 on-chain holders of Jager. This may be one of the BSC chain tokens with the most holding addresses among Binance Alpha tokens.

➤ LP Unlocking Relieves Selling Pressure

The recent downward cycle actually has another reason, which comes from the selling pressure of LPs. The part of the airdrop that was not claimed before was given to LPs as rewards. LPs have a 14-day lock-up period, during which most of them sold the $Jager rewards to balance the risk of locking.

Currently, the LP lock-up has expired, which has relieved the selling pressure. On one hand, LPs have already recouped their costs a few days before the lock-up. On the other hand, LPs can also understand the principle that Brother Bee analyzed earlier, and they are likely to choose to hold and earn dividends.

Therefore, at this stage, the increase of $Jager is relatively easy. A 30% increase in 24 hours, with a maximum increase of 40%.