Jade Protocol

A high-yield algorithmic reserve currency and an improved fork of Olympus DAO on Binance Smart Chain.

Try Now
*No investment advice.
Learn More

About

What is Jade Protocol

DeFi
Yield Farming

Jade Protocol is a decentralized reserve currency platform on Binance Smart Chain. Unlike DAI or USDC, which are pegged to the value of the U.S. dollar, JADE's reserves are crypto assets held by the Jade Protocol Treasury. JADE is a free-floating currency backed by our treasury supply of the stablecoin BUSD. Each JADE is backed by at at least 1 BUSD. If JADE ever trades below 1 BUSD, the protocol buys back and burns JADE, pushing the price back up to 1 BUSD. There is no upper limit imposed by the protocol to the potential trading price of JADE. JADE also expands its treasury through bonds. Bonds are sold by the protocol for different assets, and in return the buyer receives JADE at a significantly discounted price. This increases the treasury and enables us to produce incredible yields for our users. JADE is backed by BUSD, not pegged to it. This allows the JADE token to achieve a stable floating value, while never falling below the value of its backed assets. The token price is designed to equal (1 BUSD + Premium), with "premium" reflecting market value.

Team
Coming Soon
Partners
Coming Soon
CHAIN
BNB Smart Chain
Audit
Token
JADE$0.04572819
Jade Protocol Data Report
30D
7D
OnBNB Smart Chain
Statistics
Users
TXNS
TVL
No Data
Users
today
DeFi
No Data
Discord Activity
No Data
Active Users
today

Reviews (0)

0.0
/ 10
0 reviews
0%
0%
0%
0%
0%
No reviews yet
Be the first one to review this dApp
DappBay
Provides top decentralized apps (dApps) on BNB Smart Chain (BSC).