The program rewards the liquidity provision in the following pools:
- Curve: 4eur (jEUR+PAR+EURS+EURT)
- KyberSwap: DEN-JUL22-4eur
The program aims at attracting at least $1.5M of liquidity.
DEN-JUL22 is a Futures with a 60 days maturity, tracking the price of JRT and MIMO tokens. DEN-JUL22 can either be sold for 4eur at the market price on Kyber Swap, or can be converted for JRT and MIMO at its maturity.
There are 100 DEN-JUL22 tokens, so each DEN-JUL22 token can be redeemed for 1% of the JRT and MIMO held in the storage contract.
The DEN-JUL22 storage contract was initially seeded with:
- $39.625k worth of JRT (2,330,000 JRT)
- $39.625k worth of MIMO (964,000 MIMO)