Jellopy
JellopyTokens are like receipts = proof that you've DEPOSITED
Last updated
JellopyTokens are like receipts = proof that you've DEPOSITED
Last updated
JellopyTokens are like receipts, you will receive Jellopy "KSW" tokens from depositing into the pool.
As a pool generates profit, the number of JellopyTokens in your wallet remains the same while receiving rewards as tokens from partnered platforms.
If users want to withdraw, users will need this "receipt" JellopyTokens which users will hand in to redeem the deposited tokens and yield.
It is essential to hold onto those JellopyTokens which means that users should deposit receipts and should not sell or exchange them with strangers, otherwise users will lose possession of staked assets in the pool.
If you already have JellopyTokens in your pool, you can stake to get rewards without additional investments.
Likewise for withdrawing liquidity, users must unstake in the respective "boost" pool first.