Strategy Incentives

What Are Strategy Incentives?

Jones retains incentives from strategies to power retention mechanisms and promote sustainability, while boosting yield for long-term depositors.

The protocol applies different incentives depending on the selected strategy.


Protocol Incentives*

*These incentives (and the related yields) are governed by upgradable smart contracts that are controlled by Jones DAO. Access to the tokens and products described herein may be denied based on the location, residency or citizenship of any person.

The information contained herein is subject to change at any time. Nothing herein constitutes legal, investment, or tax advice to any person.

GMX Incentives

*Figures marked with an asterisk will vary based on differences in GMX platform incentives. The 25 bps shown in this chart represents a normalized incentive based on current data. Please note that these are GMX platform incentives, and are not controlled by Jones DAO or its affiliates. The GMX platform incentives may change at any time.

Incentive structure is subject to change without prior notice.


Action-Based Incentives*

*These incentives (and the related yields) are governed by upgradable smart contracts that are controlled by Jones DAO. Access to the tokens and products described herein may be denied based on the location, residency or citizenship of any person.

The information contained herein is subject to change at any time. Nothing herein constitute legal, investment, or tax advice to any person.

Yield-Based Incentives*

*These incentives (and the related yields) are governed by upgradable smart contracts that are controlled by Jones DAO. Access to the tokens and products described herein may be denied based on the location, residency or citizenship of any person.

The information contained herein is subject to change at any time. Nothing herein constitute legal, investment, or tax advice to any person.


Retention Mechanism

The Jones retention mechanism is built to support long-term holders. When strategy users withdraw from the vaults, they incur a withdrawal incentive. This withdrawal incentive is then routed back to the vaults and distributed to remaining holders as bonus yield. The amount of incentives that are sent back to the vault varies between each strategy.

You can find the amounts depicted in the tables above.

Through this mechanism, Jones is able to align users to the protocol by rewarding those who utilize the vaults for longer time periods.


Disclaimers

This presentation describes potential yield or incentives generated through decentralized finance (DeFi) protocols and related smart contracts. Access to the referenced smart contracts and participation in their associated yield opportunities is prohibited for United States persons and persons in other jurisdictions where such activities are unlawful.

The yield or incentives described are based on the current configurations of the referenced smart contracts, which are subject to change at any time per the discretion of Jones DAO. Past performance is not indicative of future results. This information does not constitute investment, legal, or tax advice. You should conduct your own due diligence and consult with appropriate advisors before participating in any yield generating activities, using smart contracts, or purchasing tokens.

You acknowledge and agree to comply with all applicable laws and regulations in your jurisdiction. You agree not to access any prohibited smart contracts or engage in any unlawful conduct. Neither Jones DAO nor any of its affiliates assume no responsibility for your understanding of the legal implications described herein or your compliance with applicable restrictions. You access any smart contracts and engage in associated activities at your own risk.

The contents of this document are provided for general informational purposes only. No representations or warranties are given, express or implied, as to the accuracy or completeness of the information. This disclaimer may be updated at any time without notice.

Neither Jones DAO nor any of its affiliates make any representations or warranties regarding the proper functioning, security, or legality of any referenced smart contracts. Smart contracts involve significant risks, including but not limited to: (i) bugs or errors in code leading to unintended outcomes; (ii) hacking, theft or loss of funds due to security vulnerabilities; (iii) changes in law or regulations that impact the legality or viability of the smart contract; (iv) failure of the underlying blockchain network or protocol, including congestion and economic risks; and (v) new technical paradigms rendering the smart contract obsolete. Users access smart contracts at their own risk. Neither Jones DAO nor any of its affiliates are responsible for any losses or damages arising from the use of any smart contract by any person in any jurisdiction. Users are solely responsible for verifying code correctness, compliance with laws and regulations, and weighing the economic risks associated with smart contracts.

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