jGLP is a product of JonesDAO, a protocol that is already listed on CoinGecko. Jones DAO is a yield, strategy, and liquidity protocol for options. We deploy vaults that enable one-click access to institutional-grade options strategies while unlocking capital efficiency & liquidity for DeFi options through yield-bearing options-backed asset tokens. Jones recently launched a set of advanced strategy vaults, jGLP & jUSDC, that are built on top of the GMX platform and GLP. These vaults deliver transparent and consistent leveraged yield to users. They work in tandem to amplify the yield generated by GLP for depositors. - jGLP: Smart Leverage on the underlying GLP rewards rate - jUSDC: Transparent USDC yield without the inefficiencies of competing methods Both vaults offer optional auto-compounding. Choosing to auto-compound allows users to mint the jGLP and jUSDC receipt tokens. The jGLP vault accrues yield in ETH, while the jUSDC vault accrues yield in USDC. How do they work? The jGLP and jUSDC vaults are complementary. At a high level, the two Vaults work together by doing the following: 1. Users can deposit GLP or any GLP basket token into the jGLP Vault, and USDC into the jUSDC Vault. 2. The jGLP Vault borrows USDC collateral from the jUSDC Vault to mint more GLP, thereby gaining leverage on its GLP position. 3. The jGLP Vault delivers amplified and transparent real yield to depositors. 4. The jUSDC Vault delivers USDC yield to depositors by receiving a portion of the yield from the GLP strategy built on its collateral. The jGLP Vault only borrows from the jUSDC vault, and does not interact with any other leverage sources. jGLP maintains exposure similar to the broad crypto market (i.e ETH, BTC, etc.) while earning multiples of the base GLP yield. Even better, jGLP uses Smart Leverage, developed with extensive backtesting, to automatically rebalance within an algorithmically determined range.
Daily trade volume is 0.07795765 BNB.
The Jones GLP price today in BNB is 0.00389788. Through the Jones GLP price history, the price ranges from 0.00961636 BNB (all time high) to 0.00259184 BNB (all time low). Jones GLP price last 24 hours fluctuated from 0.00397114 BNB (24h high) to 0.00388121 BNB (24h low).
Check the Jones GLP value today and exchange rates with more than 15 cryptocurrencies and fiat currencies including USD EUR GBP CNY JPY BRL RUB UAH INR CZK VND TRY CHF SEK BTC ETH BNB
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Jones GLP live price may differ in various exchanges. Check JGLP real-time data to make informed decisions.
You can buy Jones GLP on decentralised or centralised exchanges, via p2p transfers or in individual direct transactions. REVENUEBOT offers an automated trading bot that helps among other things to buy and sell JGLP at predefined levels. This way, no matter, day or night, there is no chance to miss the next move. The REVENUEBOT Jones GLP trading robot will buy and sell following the strategy chosen by you.
In short, yes. But manual transactions, however fast, still can not be done in less than a second. That is why automated trading took over both traditional and crypto financial markets. Use the current price of Jones GLP and trade with REVENUEBOT in less than a second.
In short, only if the current value of Jones GLP will be less than the value of Jones GLP at the moment of selling in the future. The Jones GLP chart can only assist the Jones GLP value today versus tomorrow, or the distant future. No one can guarantee you the profit but the REVENUEBOT is free until it brings you money. Please note that information concerning current Jones GLP value or any other information on this page can not be considered investment, trading, financial advice or any sort of recommendation to act in the financial market. The content is provided for informational purposes only.
The answer to these questions depends on the JGLP supply. Check the Jones GLP live chart to see the current supply and predict how long it will take for the coins to run out.
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