Jellyverse, a decentralized finance (DeFi) platform, is making waves in the industry by integrating real-world assets in a decentralized manner. With $2 million in funding, Jellyverse is leading the way in DeFi 3.0, offering advanced products such as JellySwap and JellyStake. The platform is governed by the community through JLY tokens.Jelly Labs AG and Fintonomy LTD have secured funding from private investors for Jellyverse, which is built on DeFiMetaChain. This platform stands out for its innovative approach to interoperability and lower costs compared to Ethereum. By integrating real-world assets into its offering, Jellyverse is taking DeFi to the next level.The introduction of jAssets is a significant addition to the platform, allowing users to engage with real-world assets in a fully decentralized manner. These jAssets follow pricing development based on internal protocol mechanisms, adding transparency and trust to the process. Jellyverse also introduces decentralized portfolio management, providing self-balancing portfolio pools with tokens linked to real-world price feeds.Key offerings of Jellyverse include JellySwap, a decentralized exchange based on Balancer, and JellyStake, a decentralized staking protocol. The platform also offers jUSD, a stablecoin backed by LUSD, and jAssets, which are cryptocurrency-backed tokens reflecting stock, commodity, or ETF prices. JellyBond is a protocol for linking jUSD and jAssets, generating liquidity and offering returns to token holders.Jellyverse will be governed by a blockchain DAO, where the community will provide legal frameworks, guidance, marketing, and more. The native token, JLY, allows voting on strategic decisions and receives a portion of the transaction fees. It is the governance and revenue share token of the Jellyverse ecosystem.In summary, Jellyverse is a comprehensive DeFi ecosystem that aims to create a sustainable performance-driven landscape by integrating protocols with real-world price feeds. With its innovative products and community governance, Jellyverse is at the forefront of DeFi 3.0.
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Information |
Details |
Geography |
Global |
Countries |
|
Sentiment |
very positive |
Relevance Score |
1 |
People |
None |
Companies |
Jelly Labs AG, Fintonomy LTD, Liquity protocol, DeFiMetaChain, DeFiChain Accelerator |
Currencies |
Jellyverse, JUSD |
Securities |
None |