Jinex Token
Jinex Token (JIN)
MultiToken on Enjin Matrixchain
105,000,000 Initial Max Supply (Collapsing Supply Type)
ENJ is continuously being infused into JIN from protocol's fees + users
Used for paying protocol fees on Jinex App for -50% fee
Melt (burn) JIN to destroy it and instantly receive it's contained ENJ. JIN can never be reminted, so melting is permanently reducing it's Max Supply
Convert JIN Token → JIN Coin and vice-versa (coming soon)
ENJ-backing per JIN unit can never be reduced, only increased by infusions
Protocol Fees
Jinex protocol fees apply to:
sENJ Pool Swaps
Crypto Swaps
Loans
Unstakes
Fee Reduction
Fees can be reduced using:
Account Upgrade NFTs: Multiverse Founder's Tokens (MFTs) + Swap Fee Reducers, Loan Fee Reducers, Unstake Fee Reducers + Max Stack Boosters
JIN: Pay protocol fees with JIN for 50% further fee reduction
System Design
Jinex is built so that:
Usage reinforces long-term value
Liquidity remains internal
NFTs enhance utility
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