Jones DAO has recently unveiled a unique auto-compounding strategy jHYPER. As per Jones DAO, jHYPER aims at maximizing profits with vlHYPER tokens to improve user engagement. The platform disclosed this development on its official social media account.
Jones DAO’s Latest Strategy ‘jHYPER’ Provides Users with Significant Yields with HYPER Coins
Jones DAO mentioned that the jHYPER permits consumers to simplify the procedure of earning profits on HYPER coins. It added that the consumers can get profits by vote-incentive participation and automating compounding. Jones DAO has developed jHYPER in collaboration with Hidden Hand of Dinero, ThrusterFi, and Hyperlock. It delivers a “set-and-forget” solution that decreases the manual effort required for the optimization of HYPER positions.
jHYPER focuses on vlHYPER coins’ automatic compounding and yield optimization. It enables this through engagement in the rounds of vote incentives. In addition to this, it also enables the management of lock timeframes. Jones DAO asserted that the jHYPER model works in the form of an auto-compounder. It leverages automated epochs to maximize token profits with the least user input. The objective is to increase the value of each jHYPER coin by getting support from a mounting vlHYPER amount. This does not require the consumers to constantly monitor the assets.
The strategy leverages a dual-vault mechanism to offer 2 different approaches to facilitate HYPER coin holders. 1st approach takes into account “jHYPER Non-Tokenized Auto-Compounder.” This option offers the maximum possible yield by avoiding liquidity incentives. However, it employs a minimum lock phase of 2 weeks, particularly during the rounds of vote incentives.
The 2nd approach deals with “wjHYPER Liquid Staking Derivative.” It focuses on the consumers pursuing more flexibility by generating liquidity incentives by leveraging the liquidity pools of ThrusterFi. Hence, it permits consumers to engage with or leave the strategy without any time restriction. Though this approach gives flexibility, the resultant yields may be slightly lower because it prioritizes liquidity incentives.
jHYPER Offers Flexible Liquidity and Maximum Yields to Facilitate HYPER Holders
According to Jones DAO, jHYPER offers several benefits to HYPER holders, including options concerning maximum yields and flexible liquidity. Keeping this in view, jHYPER delivers a remarkable method to optimize HYPER coins, highlighting Jones DAO’s commitment to revolutionizing the DeFi sector.
