FRT01

FRT01 season starts the 5th of June 2025 and ends the 5th of September 2025.

98 FRT01 can be earned by participating in the several Merkl campaigns on Base. FRT01 can be claimed directly in your Merkl dashboard.

To earn FRT01, users simply need to do the following actions (no staking is required):

Before participating in any of these campaigns, make sure to understand the risks associated with each of these.

Lend jEUR on Morpho

Visit the Merkl campaign page.

12.25 FRT01 can be earn by users depositing jEUR in the Morpho Vault. In addition to that, users earn interests on their jEUR.

This campaign rewards providing liquidity for lenders, by depositing jEUR into the Jarvis jEUR Morpho Vault. The vault then lends jEUR to various isolated markets. The vault is owned by the Jarvis DAO and curated by Jarvis LTD.

Visit this page to know more about the collateral accepted and this page to know more about the risks associated with lending through the vault.

Lend USDC on Morpho

Visit the Merkl campaign page.

12.25 FRT01 can be earn by users depositing USDC in the Morpho Vault. In addition to that, users earn interests on their USDC.

This campaign rewards providing liquidity for lenders, by depositing USDC into the Jarvis USDC Morpho Vault. The vault then lends jEUR to various isolated markets. The vault is owned by the Jarvis DAO and curated by Jarvis LTD.

Visit this page to know more about the collateral accepted and this page to know more about the risks associated with lending through the vault.

Hold YT Super jEUR on Spectra

Visit the Merkl campaign page.

12.25 FRT01 can be earn by simply users holding YT sjEUR. In addition to that, users earn the yield attached to their YT.

This campaign rewards speculating on yield of the Super jEUR. Buy buying a YT token, users take the bet that the yield generated by corresponding Super jEUR will remain the same or will increase.

Note that the price of a YT token tends towards 0 as the maturity approaches. Users will realize a profit only if the yield cumulated throufgh the whole period is above the cost of purchasing the YT token.

YT tokens are minted though the Spectra protocol. Make sure to understand how YT tokens and the Spectra protocol work before participating in this campaign. YT sjEUR are a derivatives on the top of Super jEUR. Visit this page to know more about the risks associated with Super jEUR.

Provide liquidity in the jEUR/USDC pool on Uniswap

Visit the Merkl campaign page.

12.25 FRT01 can be earn by depositing jEUR and USDC in the Uniswap pool. In addition to that, users earn the trading fees generated by the pool.

This campaign rewards providing secondary market liquidity for jEUR, using concentrated liquidity pool.

Provide liquidity in the FRT01/USDC pool on Uniswap

Visit the Merkl campaign page.

12.25 FRT01 can be earn by depositing FRT01 and USDC in the Uniswap pool. In addition to that, users earn the trading fees generated by the pool.

This campaign rewards providing secondary market liquidity for FRT01, using concentrated liquidity pool.

Provide liquidity in the USDC-jEUR-vlp/USDC pools on Uniswap

VLP tokens represent EURUSD short position with a variable leverage.

In order to get the USDC-jEUR-vlp tokens, users first need to deposit USDC inside the corresponding liquidity vault by visiting this page.

VLP tokens have a 2 hours timelock: users will not be able to transfer their tokens before the 2 hours period has expired. Which means that users will not be able to provide liquidity in the Uniswap pool, or exit their position, before the 2 hours window expires.

These campaigns reward providing primary market liquidity for jEUR, using EURUSD short leveraged position.

Visit this page to learn more about the way our vlp token work, and the risk associated with being a liquidity provider within the Jarvis protocol.

There are thre campaigns:

USDC-jEUR-vlp-200

Visit the Merkl campaign page.

6.125 FRT01 can be earn by depositing USDC-jEUR-vlp-200 and USDC in the Uniswap pool. In addition to that, users earn trading fees generated by the pools, and the yield generated by the USDC-jEUR-vlp-200 token.

This token is a EURUSD short position, with a variable leverage from 0 to 1. It carries the lowest risk of all the VLP tokens.

USDC-jEUR-vlp-150

Visit the Merkl campaign page.

12.25 FRT01 can be earn by depositing USDC-jEUR-vlp-150 and USDC in the Uniswap pool. In addition to that, users earn trading fees generated by the pools, and the yield generated by the USDC-jEUR-vlp-200 token.

This token is a EURUSD short position, with a variable leverage from 0 to 2.

USDC-jEUR-vlp-200

Visit the Merkl campaign page.

6.125 FRT01 can be earn by depositing USDC-jEUR-vlp-200 and USDC in the Uniswap pool. In addition to that, users earn trading fees generated by the pools, and the yield generated by the USDC-jEUR-vlp-200 token.

This token is a EURUSD short position, with a variable leverage from 0 to 5. It carries the highest risk of all the VLP tokens.