In the field of decentralized finance (DeFi), a grand community-led event full of sincerity and ambition is quietly unfolding on BNB Chain.
The Jager team, together with @worldlibertyfi, @four_meme_, @PancakeSwap and @BUILDonBsc_AI, officially launched the decentralized stablecoin - $USD1, and simultaneously launched two important incentive activities to accelerate the application and liquidity construction of $USD1 in the BNB ecosystem.
1. The total prize pool is as high as 200,000 US dollars, divided into two parts:
1. $Jager-USD1 V3 LP liquidity provision activity
• Prize Pool: $100,000 in BNB
• Event website: BNB100K.COM (to be launched)
• The reward will be distributed in two installments: the first installment will be $50,000 90 days after the end of the pledge, and the second installment will be the remaining $50,000 180 days after the end of the pledge.
• Staking period: 90 days or 180 days, the staking window is within 30 days after launch
• Reward distribution method: distributed according to the proportion of the transaction fees generated by the Jager-USD1 V3 LP you provided among all staking users
• Supports all V3 rate pools (0.01%, 0.25%, 1%), and users can choose the staking range and adding method (unilateral or bilateral)
Special note: PancakeSwap V3 LP is in the form of NFT. The staking function developed by Jager will be completely decentralized. Users will control their own NFT assets, and the team will not custodian any assets. Staking and unlocking are completed on the chain, supporting dynamic reward calculations, and will be audited by Certik in the future to ensure security.
2. $Jager-USD1 Trading Competition
• Event time: 00:00 UTC on June 4 to 00:00 UTC on July 4
• Prize Pool: $100,000 in Jager Tokens
• Supported trading pairs: $Jager-USD1 V3 pool with any fee rate
• Competition rules: Ranking is based on the net amount of Jager purchased by users during the competition period (buy-sell), and the top 300 BSC addresses will receive prizes in proportion
• Reward distribution time: before 00:00 UTC on July 8
The official also announced that the event will cooperate with the token purchase plan promoted by the BUILDon Foundation, and obtain promotion support from X accounts such as BNBChain and PancakeSwap. In addition, Perp DEX Aster will launch contract trading pairs that support $USD1 as collateral.
2. Why did Jager initiate this campaign?
Jager has always adhered to the principle of "Community First" and practiced the (3,3) philosophy from game theory. Simply put, when most people choose to cooperate, the overall benefit is the greatest; if everyone only works for themselves, the collective will find it difficult to succeed.
Jager's spirit of fairness is reflected in:
• Initial token distribution is completely fair
• It is not mandatory to use the 0.01% fee pool to participate in LP activities
• Encourage the community to choose a 0.25% or 1% fee pool that has a better balance of risk and return
• All rewards are measured by real data on the chain, completely open and transparent
This is a positive competition for the entire BNB ecosystem and an open experiment in co-building liquidity. The team always emphasizes: "Slow is fast", and the accumulation of long-term consensus and real transaction needs is the real strength.
3. The current TVL has exceeded one million, the tax rate is zero, and the participation threshold is low
The event has not yet officially started, but in just three days, the TVL of the $Jager-USD1 LP pool has exceeded 1.1 million US dollars, exceeding the previous V2 version of 900,000 US dollars. This achievement shows the community's high enthusiasm and confidence in this event.
At the same time, Jager-USD1's V3 LP is completely tax-free, which means that users will not incur additional fees for participating in transactions and adding liquidity. The team does not set restrictions or intervene in the market, and encourages users to freely decide on rates, price ranges, and pledge strategies.
It is recommended that users choose a relatively balanced fee pool of 0.25% or 1%, and set an appropriate range to avoid excessive impermanent losses while obtaining transaction fees.
4. The Jager community is destined to win
The $200,000 prize pool is not the ultimate goal, but is intended to build a more liquid, fairer, and community-driven DeFi future.
The Jager project has never enforced centralized control, but firmly believes that "slow is fast". The unity and consensus of the community are the real engine that drives the project forward. Every pledge and every transaction injects power into the entire ecosystem.
Jager is not a short-lived meme project, but a long-term experiment in "community-driven DeFi". Its success depends on whether it can continue to attract users who are willing to "build, share and share".
If you believe that $USD1 will become the mainstream stablecoin in the BNB ecosystem, and if you agree with Jager’s ideas, now is a good time to join.
5. Final Thoughts
(3,3) is not a concept, but a direction
"Slow is fast" is not procrastination, but steady
This is not a sprint, but a long-term battle
The Jager community is leading a new wave of DeFi construction on the BNB Chain. Don’t wait and see, take action now and contribute your strength to $Jager, $USD1, and the entire community!
Jager is leading the pack — even Pepe can't catch up with us.
Join us and write your name on the decentralized future.
