JOJO Shifts to Buyback Model
JOJO Shifts to Buyback Model
馃攧 JOJO's Big Switch
JOJO announces major tokenomics upgrade starting September 1, 2025.
Key Changes:
- Trading fees will shift from direct distribution to a buyback model for $JOJO tokens
- Users who staked $JOJO as veJOJO will receive a 1:1 airdrop equal to their staked amount as compensation
This restructuring aims to align long-term incentives and strengthen the ecosystem by creating more sustainable token economics through the buyback mechanism.
The platform previously distributed 1M $JOJO tokens monthly to DODO stakers, with 8M total tokens allocated over 8 months ending August 2025.
V1 Liquidity Service Interruption Notice
The V1 platform is experiencing a temporary liquidity service interruption. While the system is being restored: - Liquidity functions are temporarily unavailable - Support team is actively assisting users who need to close positions - Direct assistance available through Discord *Service restoration expected later today* **Important Reminder:** Users have until July 15, 2024 to withdraw assets from Lockdrop & Mainnet. After this date, UI-based asset retrieval will no longer be supported. Contact support early through Discord or Telegram for assistance with withdrawals.
JOJO Exchange Launches Airdrop Season 2
JOJO Exchange has announced Airdrop Season 2, running from November 25, 2024 to February 25, 2025. Key details: - Users can earn $JOJO tokens through on-chain activity - New VIP levels introduced with exclusive rewards - Follows successful previous seasons including trading rewards and margin mining opportunities The program builds on earlier initiatives where users earned rewards through: - Trading (10 USDC = points) - Margin mining via deposits/borrowing - Community referrals with 10% bonus points Visit JOJO's official platform to participate and learn more about eligibility criteria.
JOJO Exchange Partners with Lido Finance and Chainlink
JOJO Exchange has announced a strategic integration with Lido Finance and Chainlink to enhance its perpetual trading platform. Key developments: - Integration of Chainlink's Data Streams technology - Enhanced security features for DeFi operations - New capabilities for perpetual trading The collaboration aims to strengthen JOJO's infrastructure while providing users with more robust trading options. This partnership represents a significant step in making DeFi trading more secure and efficient. Learn more about the technical details at JOJO's official documentation.
JOJO Exchange Season 1 Rewards Claiming Now Open
JOJO Exchange has launched their Season 1 rewards claiming portal. Here are the key details: - Claiming window is now open - **Deadline: December 5th, 2024** - Access rewards at app.jojo.exchange/airdrop/season1 Previous season's unclaimed rewards were rolled into Season 2 Jackpot. Don't miss your chance to claim this time. *Visit the claiming portal now to check your eligibility.*