Jaypeggers is an NFT tax-loss harvesting solution and arbitrage marketplace.
JAY has an elastic supply and is backed by ETH collected from platform fees. This results in the value of JAY increasing as a function of total platform transaction volume. In other words, the value of JAY/ETH can only increase.
The JAY/USDC pair (found on Uniswap) bypasses the fees and mint/burn mechanism that JAY/ETH is subject to which creates arbitrage opportunities between markets.
Users may provide JAY/USDC liquidity on Uniswap, stake their LP tokens, and earn extra rewards!
JAY has an elastic supply and is backed by ETH collected from platform fees. This results in the value of JAY increasing as a function of total platform transaction volume. In other words, the value of JAY/ETH can only increase.
The JAY/USDC pair (found on Uniswap) bypasses the fees and mint/burn mechanism that JAY/ETH is subject to which creates arbitrage opportunities between markets.
Users may provide JAY/USDC liquidity on Uniswap, stake their LP tokens, and earn extra rewards!