$JAV AlphaDesk: Airdrop for ELITE Members

The $JAV AlphaDesk is live! 

Sign up to ELITE before May 27, 2024, to claim your share in 15,000 $JAV tokens and a bonus pool of 150,000 $JAV.

Javsphere and $JAV Tokens

Javsphere is a decentralized finance (DeFi) platform built on DeFiChain’s MetaChain layer. It is focused on integrating real-world assets (RWAs) into the blockchain space. 

It has developed a product suite designed to let users use “crypto-style” investment strategies (such as yield farming) using traditional assets, such as the S&P 500, Tesla, and Nvidia, through DeFiChain’s synthetic real-world assets (dTokens).

Despite being a relatively new project, launched in December 2023, Javsphere has already achieved a total value locked (TVL) of over $28 million and boasts more than 2000 active users.

The core utility token of the Javsphere ecosystem is $JAV. This token powers all of Javsphere’s products and services and provides its holders with utility and governance rights. 

$JAV tokens are required for accessing Javsphere products, paying fees, and earning rewards. They also give holders exposure to Javsphere’s integration of real-world assets into blockchain.

Airdrop and Bonus Programs

To celebrate the launch of $JAV on Bake’s AlphaDesk, we have planned a series of airdrops and bonus programs exclusively for our ELITE members.

Airdrop for All ELITEs

  • All users who sign up as (or are already) ELITE members between 21 and 27 May 2024 will be airdropped $JAV tokens
  • A total of 15,000 JAV tokens will be distributed among ELITE members.
  • Eligible ELITE members will automatically have $JAV tokens credited to their accounts after May 27, 2024. 
  • More tokens will be airdropped to ELITE yearly members at a 2:1 ratio.

Airdrop for AMA ELITEs

  • ELITE users who participate in the Bake AMA with the Javsphere team on May 21, 2024, at 19:00 CET, will have a chance to win $JAV tokens. 
  • Five winners will receive $100 worth of JAV tokens each.
  • AMA will be hosted in the ELITE Telegram group. 
  • To qualify for the airdrop, users must participate in the Q&A session and provide their Bake email for verification
  • Tokens will be credited to winners’ accounts after May 27, 2024.

$JAV Booster Bonus for ELITEs

  • ELITE users who purchase at least 1,000 $JAV tokens between 21 and 27 May 2024 and hold them for six months will be eligible for a distribution of 150,000 $JAV.
  • Users earn tickets based on their JAV purchases (First 1,000 JAV = 1 ticket; each additional 500 JAV = 1 ticket). 
  • The 150,000 JAV tokens will be distributed among eligible users based on the number of tickets they hold. 

Why Hold $JAV Tokens?

  1. Exposure to RWA DeFi Products: $JAV tokens allow holders to gain exposure to cutting-edge RWA products and services on Javsphere.
  2. Governance Rights: Holders can participate in platform governance and decision-making.
  3. Value Accrual: A portion of the fees generated by Javsphere are used to buy back and burn $JAV tokens. This creates a deflationary effect and creates scarcity for the remaining tokens.
  4. Yield Generation: $JAV tokens can be used to earn yield from fees on the Javsphere platform, including performance fees from staking and transaction fees from trading.

Sign up to ELITE today and get your share of the $JAV airdrop.

DISCLAIMER: Please note that the information on this blog and in any articles posted on this blog is for general information only and should not be relied upon as financial advice. Cake Pte. Ltd., Cake DeFi, UAB, and its affiliates (the “Cake Group”) are not licensed financial advisers. You may wish to approach your own independent financial advisor before making any decision to buy, sell or hold any product and/or digital assets mentioned in this blog.

Any views, opinions, references, assertions of fact and/or other statements are not necessarily the views held by the Cake Group. The Cake Group disclaims any liability whatsoever that may arise out of or in connection with such statements. Always do your own research before investing in any financial assets and consult a qualified financial advisor if necessary.