JARVIS token
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JARVIS holders can use their JARVIS tokens or their JARVIS-ETH LP tokens to participate within the governance of the Jarvis Network.
JARVIS-ETH LP tokens must be staked to mint stJARVIS at by depositing JARVIS and ETH at the same time in the desired AMM.
The number of stJARVIS minted depend on the number of JARVIS deposited and on the weight balance of the AMM:
50/50 pool: 1 JARVIS deposited mints 1 stJARVIS.
80/20 pool: 1 JARVIS deposited mints 0.5 stJARVIS.
98/2 pool: 1 JARVIS deposited mints 0.25 stJARVIS.
JARVIS and stJARVIS provide voting power to govern the protocol and its treasury.
The protocol builds its treasury through different revenue streams:
Protocol Owned Liquidity (POL) in primary and secondary markets (Liquidity Pools, AMM, money markets).
Commissions on the interest generated by the collateral lent on money markets (Liquidity Pools, Credit Lines, Wrappers).
Automated Market Operation (AMO) to conduct arbitrage operations.
Treasury management (trading, lending, farming, etc.).
Bonds and token sales.
Provided that the governance enacts it, stJARVIS holders can claim part of the revenues of the protocol as well as the underlying yield generated by their LP tokens (trading fees and emission). stJARVIS holders can also claim any future token launched by the Jarvis Network.