$JOJO Airdrop qualify checking entrance: https://app.jojo.exchange/airdrop

All users who have earned points in JOJO’s Bizarre Adventure will receive an airdrop of $JOJO.

There are three ways to mine $JOJO:

1/ Deposit to earn

2/ Trade to earn

3/ Invite friends by Referral

Let’s break down a little bit.

1. Deposit to earn (in 5 different ways)

a. Deposit USDC directly into JOJO or make a cross-chain deposit/swap and deposit USDC to JOJO. https://app.jojo.exchange/trade/base/BTC-USDC

b. Earn Moonwell mUSDC profits + $JOJO easily! https://medium.com/@jojoexchange/step-by-step-jojo-airdrop-tutorial-earn-moonwell-musdc-profits-jojo-easily-3-b75c7b7c3c96

c. Mine $JOJO with Your Coinbase $cbETH. https://medium.com/@jojoexchange/step-by-step-jojo-airdrop-tutorial-mine-jojo-with-your-coinbase-cbeth-4-c93a523adcc5

d. Mine $JOJO with Your $AERO on JOJO Exchange. https://medium.com/@jojoexchange/step-by-step-jojo-airdrop-tutorial-mine-jojo-with-your-aero-on-jojo-exchange-2-fe97197b3569

e. Begin Your Flexible Earn Journey and Earn 2X Rewards! https://medium.com/@jojoexchange/step-by-step-jojo-airdrop-tutorial-begin-your-flexible-earn-journey-and-earn-2x-rewards-b9994fdff3d2

2. Deposit to earn (in 3 different ways)

a. Win Big Betting Small with JOJO’s 1000X. https://medium.com/@jojoexchange/step-by-step-jojo-airdrop-tutorial-win-big-betting-small-with-jojos-1000x-5-cdf22040e4ed

b. Win a share of $JOJO with the Grid Bot. https://medium.com/@jojoexchange/step-by-step-jojo-airdrop-tutorial-win-a-share-of-jojo-with-the-grid-bot-6-a18dc21e43ca

c. Trading perpetual futures with JOJO’s. https://about.jojo.exchange/jojo-1/product-guides/how-to-trade

3. Invite friends by Referral

The inviter can set a percentage for you and your friends to earn. The referral cash reward is paid out weekly, and the earned $JOJO is distributed during the TGE.

Official document: https://about.jojo.exchange/jojo-1/product-guides/grid-bot

Entrance: https://app.jojo.exchange/grid

JOJO’s Grid Bot is a neutral strategy-based quantitative trading bot. A neutral strategy means the robot will place an order at the set price when the grid is initiated. Another opposing closing order is immediately placed whenever an order is triggered and executed.

The Grid Bot can earn profits from three sources:

• Profits from running the grid robot
• 1bp commission from the grid maker order (all grids are maker orders, enjoying the JOJO maker order -1bp commission rebate)
• The trading volume of the grid robot buying and selling directly counts towards the airdrop score, ensuring steady airdrop income

There are two ways to access the grid robot: the “Grid bot” button in the navigation bar and the other requires navigation to the “Trade” page.

Method 1: Click on “Grid bot” to create a grid robot. Users only need to enter the investment amount below and click “Create” to create a strategy. The robot will automatically execute the strategy.

Method 2: Visit the “Trade” page, find “Bot” next to the order area, enter the investment amount, and create a strategy.

To manage your position safely, we recommend opening the “Advanced Settings,” setting the upper boundary of the grid, and setting the TP/SL rate.

Official Documentation: https://about.jojo.exchange/jojo-1/product-guides/1000x-trading

Entrance: https://app.jojo.exchange/1000X

1/ This is the simple interface for 1000x leverage⬇️

2/ This is the professional interface for 1000x leverage. Click on the small arrow in the upper right corner to expand.

3/ After placing an order, the running positions will be displayed at the bottom of the interface.

4/ Order history can be viewed here.

5/ Please note that the opening fee for 1000x leverage trading is 2bp, and the closing fee varies according to ROE, between 0 and 3bp. You can refer to this table.

6/ It also includes a liquidation fee of 3bp. The ROE after liquidation is 0, so no closing fee needs to be paid after liquidation.

There are no gas fees and long-short fund rates for 1000x leverage.

In addition, for every 10 USDC liquidated, you will get 1 chance to participate in the JOJO Lucky draw.

JOJO Perpetual Exchange

7/ JOJO Lucky Draw starts every Monday at 08:00 GMT and ends the following Monday at 00:00 GMT, lasting 6 days and 16 hours. The current draw event is only open to users who were liquidated from 00:00 GMT last Monday to 00:00 GMT this Monday. The time from 00:00 GMT to 08:00 GMT on Monday is used for JOJO backend statistics, and the number of liquidations during this time will be included in the next draw. If a user is liquidated this week, the user can participate in the draw event next week. For example, if a user is liquidated 350 USDC from 00:00 GMT on April 29 to 00:00 GMT on May 6, you will have 35 chances to participate in the draw event from 08:00 GMT on May 6 to 00:00 GMT on May 13.

Official Document: https://about.jojo.exchange/jojo-1/product-guides/multi-collateral-system

Coinbase Staking Entrance: https://www.coinbase.com/earn/staking/ethereum#FrequentlyAskedQuestionsSection

JOJO Entrance: https://app.jojo.exchange/borrow

How to operate?

1/ Click on the Deposit dropdown menu in the upper right corner and select ‘Borrow $JUSD.’

2/ Deposit cbETH and earn $JOJO! The APY here is provided by Coinbase in real-time. You can earn $ JOJO just by depositing $cbETH and lending out $JUSD.

There is no lock-up, users can withdraw at any time.

Official Document: https://about.jojo.exchange/jojo-1/product-guides/multi-collateral-system/leverage-your-earning-with-musd

Moonwell Entrance: https://moonwell.fi/vaults/supply/base/mwusdc

JOJO Entrance: https://app.jojo.exchange/borrow

JOJO now allows Moonwell users to deposit their mUSDC into JOJO. This means users can now earn lending income, $WELL and USDC rewards from Moonwell, and $JOJO from JOJO. This provides users with a new method of simultaneously increasing their revenue on both platforms.

Users deposit USDC into Moonwell ——> receive mUSDC ——> deposit mUSDC into JOJO as collateral ——> borrow $JUSD ——> use $JUSD for perpetual trading (EARN $JOJO!).

What will the users get?

Moonwell’s lending income: When you withdraw $mUSDC from the JOJO Exchange, the amount of mUSDC will be higher than the amount you initially deposited.

Mine $JOJO by borrowing $JUSD and using $JUSD for trading. Trade 10 $JUSD to get 1 point, and maintain an average margin of 2 $JUSD per day to get 1 point.

How to operate？

1/ Click on the Deposit dropdown menu in the upper right corner and select ‘Borrow $JUSD.’

2/ Deposit $mUSDC and earn extra income!

No lock-up. Users can withdraw at any time!

Mine $JOJO with Your $AERO on JOJO Exchange!

JOJO Exchange has launched “JOJO’s Airdrop Season 0!”, a 12-week campaign showering rewards on loyal users for their platform activity. This guide dives into how you can leverage your $AERO tokens for Margin Mining on JOJO Exchange, unlocking the potential to earn valuable $JOJO tokens!

What is $AERO?

Aerodrome Finance is a next-generation Automated Market Maker (AMM) designed to serve as Base’s central liquidity hub. It combines a powerful liquidity incentive engine, a vote-lock governance model, and a user-friendly experience. $AERO is the ERC-20 utility token of the protocol, distributed to liquidity providers through emissions.

How can I use $AERO to mine the $JOJO token?

During Airdrop Season 0, participants can earn 1 point everyday for every 2 USDC average margin maintained in their perpetual account, 1000x account, or bot account. To increase the margin of your accounts without selling your $AERO, you can utilize JOJO’s multi-asset collateral system.

Here’s how:

• Go to the JOJO’s multi-asset collateral system page
• Navigate to the $AERO section and select Deposit.

• After depositing $AERO, the system will automatically calculate your maximum borrowing amount based on your collateral amount, token price and asset initial ratio.

• Specify the amount of $JUSD you wish to borrow. The system will remind you the risk percentage and calculate the liquidation level if the collateral price drops.

• Confirm the borrowing transaction. Then visit the airdrop page and see the points you gain!

Understanding JOJO’s Multi-Asset Collateral System

While USDC is the primary settlement currency on JOJO Exchange, the platform supports other assets as collateral. This system works similarly to DAI’s credit issuance, allowing you to borrow $JUSD by over-collateralizing assets such as ETH. Within JOJO’s perpetual contract trading system, $JUSD is treated as having equal value to USDC.

You can also trade with your borrowed $JUSD on JOJO Exchange, earning 1 point for every 10 USDC traded. By leveraging this innovative collateral system, you can maximize your earning potential during Airdrop Season 0 without having to liquidate your $AERO holdings. Happy mining!

JOJO Exchange has launched “JOJO’s Airdrop Season 0!” a 12-week campaign showering rewards on loyal users for their platform activity, with only three weeks left!!! Still figuring out the best strategy to maximize your gains? In this article, we introduce our latest trading feature — Flexible Earn — and show you how to double your earnings!

What is Flexible Earn?

Flexible Earn is JOJO’s innovative arbitrage scheme that utilizes the funding rate mechanism in perpetual contract trading. With support for stablecoins like USDC, users can deposit stablecoins with a minimum amount of 5 USDC and a maximum limit of 200,000 USDC. All users share the same funding pool and contract position, making it a seamless and collaborative earning opportunity.

The APR for Flexible Earn is paid by on-chain users trading perpetual contracts, providing consistent and reliable returns.

Advantages of JOJO Flexible Earn

• Stable Returns: Enjoy consistent earnings through JOJO’s automated funding rate arbitrage strategies
• Convenience: Simply deposit funds into the JOJO platform and let our system handle the complex calculations and operations for you
• Efficiency: Leverage the differences in funding rates to trade between perpetual contracts, futures markets, and spot markets, ensuring efficient arbitrage operations
• High and Sustainable APR: Benefit from both funding rate arbitrage profits and basis profits (the price difference between spot and futures)

How to Earn Airdrops via Flexible Earn

For 12 weeks, we’re distributing airdrops weekly. Participants share this pool based on their points, calculated weekly. Trading 10 USDC earns 1 point, and maintaining an average margin of 2 USDC in your perpetual account, 1000x account, or bot account also earns 1 point.

When you deposit USDC into Flexible Earn, you receive an equivalent amount of $earnUSDC as a deposit certificate. While $earnUSDC does not earn airdrop points directly, you can use it as collateral to borrow $JUSD, which will be included in the airdrop calculations. Please note, the withdrawal from Flexible Earn will be completed within 24 hours.

Getting Started with Flexible Earn

• Go to the Flexible Earn page.

• Deposit USDC

• Your $earnUSDC balance will be updated right after the transaction. The system will automatically carry out funding rate arbitrage on your behalf.

• Go to the multi-asset collateral system page.

• Navigate to the $earnUSDC section and select Deposit.

• After depositing $earnUSDC, the system will automatically calculate your maximum borrowing amount based on your collateral amount, token price and asset initial ratio.

• Specify the amount of $JUSD you wish to borrow. The system will remind you the risk percentage and calculate the liquidation level if the collateral price drops.

• Confirm the borrowing transaction. Then visit the airdrop page and see the points you gain!

By leveraging Flexible Earn, you can maximize your returns during “JOJO’s Airdrop Season 0!” without the need for complex trading strategies. Join now and start earning more with JOJO Exchange!

Prepare to immerse yourself in the thrilling world of JOJO, where earning rewards is just as exciting as the adventures themselves! We’re offering $JOJO tokens during our exclusive prelaunch event, spread across 12 action-packed epochs. That’s right — simply by participating, you can claim your share of these valuable tokens and power your future on the JOJO platform.

Here’s how you can become a JOJO hero and amass a fortune:

1. Become a Trading Master:

Sharpen your trading skills and dominate the markets! For every 10 USDC traded, you earn points, bringing you closer to the weekly JOJO treasure chest. The more you trade, the larger your share of the rewards! Learn more 👉🏼 https://about.jojo.exchange/jojo-1/product-guides/1000x-trading​

2. Unlock the Power of Margin Mining:

Hold your ground and watch your rewards grow! By depositing assets or borrowing JUSD on JOJO, your daily net account value becomes your key to earning points. The higher your average, the more JOJO tokens you can claim.

3. Spread the Word and earn Big Rewards:

Join the vibrant JOJO community and invite your friends to earn a 10% bonus on the points they accumulate through trading and margin mining. It’s a win-win situation — you get rewarded, and they discover an amazing platform!

🥳 Wait, there’s more! 🥳

On top of the prelaunch distribution, we have even more ways to fuel your JOJO journey:

• JOJO Adventure Retrospective Airdrop: Embark on a nostalgic quest! If you participated in the epic JOJO Adventure event, a special airdrop $JOJO prize pool awaits you. Make a one-time deposit of over 10U on the base network to unlock your hidden treasure.
• Warpcast Airdrop: Calling all early adopters! Register for JOJO and follow our Warpcast channel to receive a sweet $JOJO airdrop.

Don’t miss out on this incredible opportunity to become a JOJO legend! Join the Airdrop Season 0 event, unleash your earning potential, and be a part of a revolutionary platform!

Are you ready to embark on your JOJO adventure? Join the community today! 👉🏼 https://linktr.ee/jojo.exchange Stay tuned to JOJO’s latest announcement for more information!

The decentralization of the funding rate using zero-knowledge proofs represents a significant advancement for JOJO and the broader DeFi community. This innovative approach will help ensure price stability, market balance, and enhanced liquidity, ultimately benefiting all participants in the perpetual contract ecosystem.

1. What is a Funding Rate?

In perpetual contracts, the funding rate is vital for keeping the price of the perpetual futures contract in line with the underlying asset’s spot price. Unlike traditional futures contracts, perpetual contracts do not have an expiration date. Therefore, the funding rate is crucial for preventing significant deviations from the spot price.

The funding rate consists of two main components: the interest rate and the premium. The interest rate represents the cost of holding a position, while the premium is based on the difference between the perpetual contract’s price and the spot price. Both long and short traders pay or receive funding at regular intervals, encouraging them to align the contract price with the spot price.

2. Why is the Funding Rate Important for perpetual contract exchange?

Maintaining a fair and stable funding rate for decentralized exchanges (DEXs) that offer perpetual contracts is vital. A well-designed funding rate mechanism ensures:

• Price Stability: The funding rate encourages arbitrage opportunities, keeping the perpetual contract price close to the spot price and minimizing the risk of significant price discrepancies.
• Market Balance: It helps to balance long and short positions by incentivizing traders to take the opposite position when the market is skewed.
• Liquidity: A stable funding rate attracts more traders and liquidity providers, contributing to a more robust and active market.

Without an effective funding rate mechanism, a perpetual DEX could experience price distortions, reduced liquidity, and potential trader dissatisfaction, undermining the platform’s reliability and appeal.

3. Decentralizing Funding Rates with Zero-Knowledge Proofs

Calculating the funding rate is a complex and resource-intensive task that demands continuous monitoring of spot and perpetual contract prices. This makes standard on-chain computation a costly endeavor. In many existing solutions, funding rates are often calculated by centralized solutions, which leads to security and compliance concerns. Brevis offers cutting-edge Zero-Knowledge Proof technology that drastically slashes computational costs. With Brevis’ ZK technology, smart contracts can securely access blockchain states, transactions, and events from any time frame without any trust to anything other than the blockchain itself. This technology efficiently processes data of any size. Brevis significantly reduces the cost and time required to generate proofs as the volume increases with efficient proof aggregation technology.

JOJO is revolutionizing the decentralization of funding rate calculation by using Brevis’s ZK Coprocessor technology. Using Brevis’s SDK, JOJO creates a ZK proof based on on-chain perpetual trading and spot-price oracle data to calculate funding rates accurately. Subsequently, this proof is verified on-chain and utilized to adjust JOJO users’ funding rates.

JOJO boldly joins forces with Brevis to pioneer the introduction of funding rate zero-knowledge proofs (ZK proofs) in the DeFi ecosystem. This groundbreaking approach guarantees transparent and secure calculation and verification of funding rates while safeguarding user privacy. Implementing ZK proofs represents a significant industry advancement, elevating trust and integrity and establishing a new standard for decentralized perpetual DEXs.

About JOJO

JOJO is an orderbook decentralized perpetual contract trading platform with a hybrid liquidity model. This model offers high security alongside high leverage and transparency. JOJO allows users to trade 20+ cryptocurrencies with the lowest fees on the BASE and enjoy up to 1000X leverage.

JOJOs features

• Deep liquidity: All JOJO pairs have vast amounts of liquidity which allows traders to comfortably trade without having to worry about any external liquidity factors.
• Lowest fees: JOJO has the lowest fees, (Maker -0.01% / Taker 0.03%).
• Multi-collateral: Traders are able to use non-stablecoins and interest bearing assets as collateral.
• Cross margin: These cross capabilities allow for stronger risk resistance and lower the probability of liquidation.
• Sub-accounts: Multiple sub accounts allow traders to manage their funds easier.
• Smart contract order: Add script into an order, enabling other developers to freely create liquidity tools as desired.

Website | Twitter | Discord | Gitbook | Github | Farcaster

About Brevis

Brevis is a smart ZK coprocessor that empowers smart contracts to read the full historical on-chain data from any chain and run customizable computations in a completely trust-free way.

Brevis can trustlessly read the states, transactions, and receipts of any time frame. It efficiently runs computations on data of any size: as the data to be proved increases in size, Brevis significantly reduces the per-unit cost and time for proof generation. Additionally, Brevis seamlessly verifies Zero-Knowledge (ZK) proofs on any blockchain, providing a unified and trustless user experience for dApps. Brevis empowers data-rich use cases, including data-driven DeFi, user-segment optimized live-ops features, zkBridges, zkDID, and smart-contract native risk control, all executed in a trustless manner across multiple chains.

Dive Deeper into Brevis:
🌐Website | 🗨️Telegram | 🐦X | 🎮Demo | 📘SDK Docs

Dear Base Chain users, we are excited to introduce you to JOJO, a perpetual contract dex with up to 1000x leverage.

We aim to provide you with the best trading experience possible on the Base Chain.

Key Features of JOJO:

1. Exceptional Liquidity: JOJO offers liquidity on par with centralized exchanges, ensuring smooth and efficient trading.
2. Lowest Fee Rates: JOJO provides the lowest fee rates in the industry, only 0.03% for taker orders. For maker orders, you will not only avoid paying fees but also receive a reward of 0.01% of the transaction volume.
3. Diverse Trading Offerings: JOJO offers a wide variety of trading pairs, and new tokens are added through weekly community voting. If you want to trade it, we’ll list it.
4. Highest Leverage: JOJO offers up to 1000x leverage, empowering traders to maximize their potential returns.

JOJO Token on Base Chain

Starting now, you can earn airdrops by trading or depositing margin on our platform. Don’t miss out on this exciting opportunity to be a part of the JOJO ecosystem.

We are thrilled to bring JOJO’s exceptional trading experience to the Base Chain community.

The JOJO Team present