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Protocol Overview
What is Jones DAO?
Jones DAO is a yield, strategy, and liquidity protocol for options, with vaults that enable 1-click access to institutional-grade options strategies while unlocking liquidity and capital efficiency for DeFi options with yield-bearing options-backed asset tokens.
There are three main categories of users Jones DAO is built for:
  • Users who don't want to actively manage their options strategies and/or would like to utilise the DAO's option strategists expertise.
  • Users who would prefer not to lock their assets in Dopex SSOVs for a whole epoch and would like to keep their deposits liquid.
  • Protocols who want to earn additional yield on their treasury assets without employing treasury management experts.

Jones Vaults

Jones DAO offers vaults for multiple assets and risk profiles. Jones will generate yield through options strategies deployed on the assets deposited in Jones Vaults. With 1 click, users will be able to access the best yields with actively managed, fully optimised, and hedged options strategies.

jAssets

jAssets are fully composable yield-bearing asset tokens that unlock liquidity and capital efficiency for assets locked in options strategies.
When a deposit is made to the primary Jones Vault for an asset, a jAsset token is minted to represent the deposit. Upon withdrawal, the jAsset token is burned and the deposit + yield is received back by the depositor.
Last modified 3mo ago
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