Jones GLP Price (JGLP)

Price of Jones GLP (JGLP) Today

The live price of Jones GLP (JGLP) today is 2.76 USD. It has a current market cap of $ 0.00 USD. JGLP to USD price is updated in real-time.
Key Jones GLP Market Performance:
- 24-hour trading volume is -- USD
- Jones GLP price change within the day is --
- It has a circulating supply of 0.00 USD

Get real-time price updates of the JGLP to USD price on MEXC. Stay informed with the latest data and market analysis. It is essential for making smart trading decisions in the fast-paced cryptocurrency market. MEXC is your go-to platform for accurate JGLP price information.

Jones GLP (JGLP) Price Performance in USD

During today, the price change of Jones GLP to USD was $ 0.
In the past 30 days, the price change of Jones GLP to USD was $ +0.0891052200.
In the past 60 days, the price change of Jones GLP to USD was $ +0.7194000720.
In the past 90 days, the price change of Jones GLP to USD was $ 0.

Jones GLP (JGLP) Price Analysis

Discover the latest price analysis of Jones GLP: 24h Low & High, ATH and daily changes:

Jones GLP (JGLP) Market Information

Dive into the market statistics: market cap, 24h volume, and supply:

What is Jones GLP (JGLP)

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.

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Jones GLP (JGLP) Tokenomics

Understanding the tokenomics of Jones GLP (JGLP) can provide deeper insight into its long-term value and growth potential. From how tokens are distributed to how the supply is managed, tokenomics reveal the core structure of a project's economy. Learn about JGLP token's extensive tokenomics now!

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