🌶️JALA & xJALA
How can I obtain JALA?
JALA can purchased during the Public Launch & Genesis. After the Public Launch, JALA can be purchased through the JalaSwap or earned through farming.
What is the process for obtaining xJALA?
JALA can be converted to xJALA at a 1:1 ratio.
xJALA can be earned from incentivized active farms.
What is the value of xJALA?
xJALA is illiquid, and its value is directly proportionate to the JALA value.
1 xJALA = 1 JALA
Does Jala have a capped supply?
Yes, JALA total supply will be in the circulation by 2027. Deflationary Mechanics have also been implemented to continuously reduce the total supply
Does xJALA have a capped supply?
xJALA is an essentially wrapped JALA and does not have its own maximum supply. The number of xJALAs in circulation is equal to the number of JALA
Can I swap xJALA for any other token?
xJALA is not transferable. You can only redeem it to JALA.
How long does it take for xJALA to redeem (vest)?
The minimum vesting duration is 15 days (50% JALA output), and the maximum duration is 180 days (100% JALA output). As your xJALA vests, 50% of the amount is automatically staked in dividends, earning you rewards during the vesting period
How are dividends distributed?
A portion of the transaction fees is distributed as dividends every week. Rewards are distributed continuously meaning that you can harvest pending rewards at any point.
Does the dividends epoch (cycle) always consist of 7 days?
Yes, the epoch always lasts for 7 days
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