At Jager, we believe #BNBCHAIN is the future of #DeFi.
That is why the Jager team calls on our community to participate in building $USD1—a decentralized stablecoin advocated by @worldlibertyfi, @four_meme_, @PancakeSwap, and @BUILDonBsc_AI.
1 ⃣️ Details of the $Jager -USD1 V3 LP and trading competition
Today, we officially reveal to the community how we plan to launch LP and trading competitions for the $Jager -USD1 V3 LP pool.
🏆 Total prize pool value of $200,000.
- Liquidity provision: $100,000 $BNB
- Trading competition: $100,000 $Jager
All funds come from the team's $Jager -BNB V2 tax revenue portion.
(See the complete V2 tax details: docs.Jager.meme/tokenomics/tra…)
1) $Jager -USD1 V3 LP event ($100,000 $BNB reward)
Jager is developing the V3 LP staking feature for the BNB100K community on BNB100K.COM.
There are two staking periods available: 90 days and 180 days.
The staking window will be open for 30 days from the date of feature launch. After 30 days, the staking feature will close.
Each user's reward distribution will be calculated based on the proportion of fees generated by their staked $Jager -USD1 V3 LP relative to the total fees generated by all staked $Jager -USD1 V3 LP.
The rules are simple: rewards are entirely determined by the fees received. Pools of all fee tiers qualify—whether 0.01%, 0.25%, or 1%, the lockup and reward calculations are not affected by the chosen fee tier. Users can freely set the range and lockup duration for $Jager -USD1, choose the lockup duration, and select to provide either $Jager, USD1, or both tokens.
We would like to thank all the passionate chefs at @PancakeSwap and @BNBCHAIN who provide convenient and highly customizable DeFi primitives for every BNBCHAIN user.
🎁 $100,000 in rewards in $BNB will be distributed in two phases:
On the 90th day after staking ends, receive $50,000 at the price of BNB100K.COM, and on the 180th day, receive $50,000.
Note: PancakeSwap V3 LPs are NFTs. Therefore, the staking feature involves staking, unlocking LP NFTs, and dynamic reward calculations.
The staking and unlock feature is fully implemented on-chain and is decentralized. The team does not engage in any centralized custody. This feature will be opened to the community after internal testing and @Certik audits to ensure safety.
Additionally, PancakeSwap V3 liquidity providers (LPs) in a staked state cannot collect fees. However, the site will provide visualization features to help you monitor the fees generated by the $Jager -USD1 V3 LP. When the V3 LP unlocks at the end of the duration, community users will receive their V3 NFT along with the accumulated fees. The team does not participate in any distribution of user profits.
Competition is important, but the safety of community assets is also crucial. The UI framework design, contract development, website development, security audits, etc., all take time, please understand.
Community members can now provide $Jager -USD1 LP to the mining pool to earn fees. Please remember to set an appropriate range and add $1 to ensure your V3 LP remains within this range to maximize fee earnings. It is recommended to wait until the official staking feature is launched before claiming rewards.
2) $Jager -1 USD trading competition
⏰ Competition time: June 4, 00:00 UTC to July 4, 00:00 UTC
🪙 Trading pair: Any fee tier $Jager -USD1 V3 pool
🎁 Rewards: $Jager
📖 $100,000. Rules: Based on net $Jager purchase volume during the competition period in the ($Jager -1 USD V3 pool). The top 300 BSC addresses by net $Jager purchase volume will qualify for rewards, which will be distributed proportionally.
📅 Reward distribution: July 8th, 00:00 UTC
🔸 The BUILDon Foundation purchases tokens.
🔸 Media exposure through the official X accounts of WLFI, BNB Chain, PancakeSwap, and BUILDon.
🔸 Permanent listing: Aster (@Aster_DEX) will list two winning token pairs on the Aster Perp DEX, supporting $1 as collateral.
For more details on rewards, please refer to this article: medium.com/@wlfi/usd1-1m-…
The team wants to share a few words with all community members:
2 ⃣️ Why is Jager initiating this event?
These rewards are crucial for the $Jager community. Every activity on BNBChain treats all projects fairly and transparently. The only way to earn these rewards is through real on-chain data.
That is why the only successful path is to actively participate in these public activities and give your all. $Jager sees every BSC memecoin as a friend, not an enemy. But even among friends, competition exists. This competition is a friendly rivalry between friends and the community, so everyone needs to give their best.
From the very beginning, $Jager has been a community-first memecoin project that follows the (3,3) philosophy.
Community-first is not only reflected in the 100% fair and transparent distribution of the initial tokens but also in various other aspects.
For instance, the team does not enforce a 0.01% fee pool for participants in the liquidity provider staking activity. The choice lies with the community. The team believes it is crucial to support BNBCHAIN, WLFI, USD1, respond to the initiatives of Four.meme and PancakeSwap, and support the future of finance. However, this must not come at the expense of community interests.
While the team can take aggressive stances on many issues, we still remain conservative when it comes to the collective interests of the community. A 0.25% and 1% fee tier for $Jager -USD1 are both good options.
Currently, when you set a complete range and provide enough $USD1 and $Jager for the 1% and 0.25% fee tier pools, if you predict that the price of $Jager will trend upwards, the accumulated fees can fully offset impermanent loss as well as the gradual selling loss of $Jager within the LP.
However, if the fee is only 0.01%, community members will face significant impermanent loss and will find it difficult to accurately set the range to balance fee income. Winning the competition is important, but the team neither encourages nor requires anyone to take this approach. When weighing reliable data and results against community interests, the team will always prioritize community interests. Rest assured, building substantial real trading demand takes time and requires gradual consensus within the community. That is the true meaning of 'slow is fast.'
What the Jager community needs to do is actively provide liquidity for the $Jager -USD1 LP pool. Can you believe it? In just three days, the TVL of the $Jager -USD1 pool has reached $1.1 million, surpassing the $900,000 of V2. Moreover, the $Jager -USD1 pool is completely tax-free.
🐸 Below is the estimated APY chart for the Pepe pool on Uniswap (see the first image)
There are some dynamic factors at play. For example, the $Jager -USD1 zero-fee pool has grown to a certain scale, but the surge in trading demand has yet to arrive. The annualized yield (APY) estimates shown in the chart represent expected yields within a relatively narrow range (not the full range)—they are for reference only and not actual yields.
If you believe in the future of $USD1 on BNBCHAIN, if you believe in the real trading demand for $Jager -USD1, then there is nothing more to say—make a choice and join early.
3 ⃣️ What is (3,3)?
(3,3) is not some special tokenomics or Ponzi scheme.
(3,3) is a scenario in the prisoner's dilemma. For a fair and transparent memecoin like $Jager, (3,3) is the only winning path.
This means that when the majority in the group choose to cooperate, collective interests are maximized. But when the majority betray or exploit each other, the outcome is the worst for everyone.
If you do not understand (3,3), here is a simple explanation:
In contrast to (3,3), either a few suffer huge losses while many who contributed benefit; or many contribute while only a very few gain huge profits.
From the start of the first phase airdrop to the second phase LP mining, $Jager has handed over all its tokens to the community.
The $Jager team firmly believes that throughout history, even though many community-first projects have repeatedly failed, we still have confidence in our community because it is different. We firmly believe in #BNB100K—unique, visionary, extraordinary.
4 ⃣️ Conclusion
The Jager community is destined to win. Our team believes in every member of the community. Even if we do not achieve the final victory, it is okay. What matters is to give our all. Remember: slow is fast (see the second image).
Jager is far ahead, even Pepe cannot catch up. Tell me, who is the charioteer of the memecoin world (see the third image)?
