$JWLEGLD is a liquid EGLD staking derivative designed to maximise $EGLD staking yield. Stake $JWLEGLD for $SJWLEGLD, a interest-bearing token which accrue staking yield.
Motivation
The establishment of a Liquidity Pool for JWLEGLD/WEGLD allows for
• Easy swapping of $EGLD and $JWLEGLD without going through the unbonding period
• Provision of additional $ASH emission rewards yield opportunity through LP farming.
Title: Proposal to Whitelist JWLEGLD/WEGLD farm for $ASH rewards.
Description: JewelSwap, a decentralised protocol offers. • Leveraged Yield Farming. • Dual-token Liquid $EGLD Staking.
$JWLEGLD is a liquid EGLD staking derivative designed to maximise $EGLD staking yield. Stake $JWLEGLD for $SJWLEGLD, a interest-bearing token which accrue staking yield.
Motivation The establishment of a Liquidity Pool for JWLEGLD/WEGLD allows for • Easy swapping of $EGLD and $JWLEGLD without going through the unbonding period • Provision of additional $ASH emission rewards yield opportunity through LP farming.
References: • Website: https://app.jewelswap.io/ • Twitter: https://twitter.com/JewelSwapX • Documentation: https://docs.jewelswap.io/ • Telegram Community: https://t.me/jewelswap • $JWLEGLD Token ID: JWLEGLD-023462 • $WEGLD Token ID: WEGLD-bd4d79