JOJO Exchange

**moremarket reaches $40M TVL milestone** using sustainable economics instead of traditional incentive programs. **Key metrics:** - $40M total value locked - 3,400 active users - Zero points system - Zero bribe mechanisms **Real yield approach** attracts sticky capital while competitors burn treasury funds on mercenary farmers. The Electric Capital-backed protocol demonstrates **anti-points model viability**. **Market shift emerging:** Protocols offering genuine returns vs. phantom token rewards are capturing more permanent liquidity as users seek sustainable yields.

The cryptocurrency market experienced significant growth with **$75 billion** in new capital flowing in during a three-hour period. **Key highlights:** - Bitcoin dominated the surge, accounting for **$40 billion** of the total inflow - The remaining $35 billion was distributed across other cryptocurrencies - This follows a recent pattern of substantial market movements This rapid capital injection demonstrates continued institutional and retail interest in digital assets. The concentration of growth in Bitcoin suggests investors are favoring the leading cryptocurrency during this market expansion. The timeframe of just three hours makes this influx particularly noteworthy, indicating strong momentum in the current market cycle.

**Morgan Stanley** has declared that Bitcoin has entered its **"fall season,"** suggesting a potential downturn in the cryptocurrency's price trajectory. The investment bank's assessment raises questions about whether investors should consider **profit-taking strategies** at current levels. This comes as Bitcoin faces seasonal patterns that historically show weakness during certain periods of the year. **Key considerations:** - Traditional fall season often brings market volatility - Profit-taking strategies may help preserve gains - Timing remains crucial for portfolio management The report contrasts with previous JPMorgan analysis suggesting GBTC selling pressure had concluded, highlighting **divergent views** among major financial institutions on Bitcoin's near-term outlook.

The United Arab Emirates has successfully completed its **first digital dirham transaction** as part of its Central Bank Digital Currency (CBDC) pilot program. This milestone marks a significant step forward in the UAE's digital currency initiative, demonstrating the practical implementation of their CBDC infrastructure. Key highlights: - First successful transaction using digital dirham - Part of ongoing CBDC pilot program - Government-level transaction completed The successful test transaction validates the technical framework and paves the way for broader CBDC adoption in the UAE's financial ecosystem.

A U.S. spot XRP ETF is expected to begin trading Thursday morning following a Nasdaq listing scheduled for Wednesday evening. This development follows earlier XRP product launches, including REX-Osprey's first U.S. ETF offering spot exposure in September and CME Group's addition of XRP futures options in October. The ETF would provide direct exposure to XRP's spot price for traditional investors through regulated exchanges.

**BlackRock's tokenized treasury fund reaches major milestone** BUILD Fund surpasses $500M in tokenized treasuries on Ethereum, enabling instant settlement via USDC. This marks significant growth for the largest RWA token by market cap. **Traditional finance expands blockchain presence** - Franklin Templeton deploys across multiple chains: Polygon, Stellar, and Aptos - Focus shifts from simply buying RWA tokens to **capturing settlement fees** - TradFi targets 40% cost reduction by rebuilding infrastructure on public chains **Key beneficiaries emerge** Base and Polygon positioned to capture value from **$200B expected to migrate on-chain**. Stablecoin issuers seeing significant transaction flow as institutional adoption accelerates. The trend signals a fundamental shift: traditional finance isn't just experimenting with blockchain—it's rebuilding core infrastructure on public networks for efficiency gains.

**Federal Reserve Governor Miran** projects the stablecoin market could reach **$3 trillion within five years**, representing massive growth from current levels. The forecast suggests: - Stablecoin expansion may help **lower interest rates** - Growing demand could significantly impact traditional financial markets - Previous projections estimated $1.2T by 2028 with $5.3B weekly Treasury demand **Key implications:** - Stablecoins increasingly viewed as legitimate financial instruments - Potential boost for US Treasury bond demand - Fed officials recognizing crypto's growing economic influence This represents a notable shift in regulatory tone, with Fed leadership acknowledging stablecoins' potential role in the broader financial ecosystem.

**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.

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 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.