JonesDAO or JONES is a yield, strategy, and liquidity protocol with vaults. It is a versatile protocol that brings a lot of usability to its users. Essential information for their token is available on the MEXC Digital asset introduction page. Furthermore, we are listing (JONES/USDT – Trade it here) on our Innovation Zone, check it out now!
What Does JonesDAO Offer?
In a nutshell, JonesDAO is a user-friendly protocol that offers a variety of services. It caters to a variety of users. For example, those who are not keen on actively managing their strategies and prefer ready-made strategies. Users who would prefer not to lock their tokens and instead keep their tokens liquid could also find themselves enjoying JonesDAO. Protocols on the other hand, that want to earn additional yields on their treasury positions could seek assistance from the DAO too.
Types of Vaults in JonesDAO
Jones DAO provides vaults for a variety of coins and risk profiles. Through its tactics, Jones produces yield on tokens put in Jones Vaults. Additionally, users may obtain some of the finest yields in DeFi with only one click. Here are a few types of Vaults existing in JonesDAO.
OpFi Vaults
In all market situations, the OpFi vaults strive to create risk-adjusted yield. The tokens in the vault will instead become either write or sell options. The protocol might also use to acquire long options, pair trade through swaps, or as collateral for perp holdings. The best part? OpFi strategies may potentially exploit inefficient option pricing across platforms in order to lock in prospective yield through arbitrage. It could be a life hack on a crypto level.
Metavaults
Users can utilize Metavaults to offer liquidity. They can also automatically hedge or somewhat levering price action on underlying tokens. However, that will depend on liquidity availability. Jones Metavaults elevate LP positions and perform best during moments of volatility. All this information might sound confusing, but I promise you, it is not. All you need to do is to start reading their whitepaper, check it out now!
Where to buy JONES Token
You can find JONES Token here at MEXC! We are listing JONES/USDT in our Innovation Zone!
What is the Price of JONES Tokens?
The live price of JONES tokens will be available soon. You can check the live price of their token right here!
How to buy JONES Tokens
You can buy JONES Tokens on MEXC by following the steps:
- Log in to your MEXC account and click [Trade]. Click on [Spot].
- Search “JONES” using the search bar to see the available trading pairs. Take JONES/USDT as an example.
- Scroll down and go to the [Spot] box. Enter the amount of JONES you want to buy. You can choose from opening a Limit order, a Market order, or a Stop-limit order. Take Market order as an example. Click [Buy JONES] to confirm your order. You will find the purchased JONES in your Spot Wallet.
You can find a detailed guide on how to buy JONES Tokens here.
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