**JVault** is a TON-based ecosystem for project creators and investors that includes four active products: **Staking** (a service for creating and interacting with token staking pools), **Launchpad** (decentralized platform for tokensales), **Quest Bot** (a MiniApp for running quest campaigns to reward active community members) and **Locker** (a service for locking tokens with vesting).
## What Is JVault Token (JVT)?
**JVT** is one of the most important parts of the **JVault** ecosystem. All **JVT** holders can stake it in a special staking pool, which not only allows them to receive standard returns as a percentage of the position, but also to participate in the distribution of 50% of the service's revenue by earning TON and tokens placed on **JVault** . Moreover, **JVT** is used to pay fixed fees on the platform (all **JVT** earned this way are automatically burned).
## How JVT Was Distributed?
!Tokenomics.png
Total supply is **10 000 000 JVT**. TGE occurred on 02/01/2024.
The tokenomics are divided into 6 parts:
- ***JVT Staking***: **2,500,000** tokens are allocated for everlasting **JVT** staking. Due to a special formula, the number of tokens allocated for rewards will decrease every two years, but these tokens will never run out.
- ***Private sale***: **1,000,000 JVT** allocated to private round. **430,000** of them were burned, while remaining **570,000** were sold. These tokens will start entering the market 6 months after TGE at **47,500 JVT** per month. They will be fully unlocked 18 months after TGE. The average price of one **JVT** in the private round was *$0.045*
- ***IDO***: **500,000** jettons were sold in the public round which lasted less than 20 minutes. All tokens were unlocked immediately after the TGE. The average price of one **JVT** in the public round was *$0.09*.
- ***Marketing***: **2,000,000** tokens are being used for marketing purposes, including rewards and payment for advertising. **400,000 JVT** were unlocked at TGE, with the remainder to be gradually unlocked over 5 years.
- ***Team***: **2,000,000 JVT** were allocated for the project team. Gradual unlocking will be phased in over 5 years, starting 12 months after TGE.
- ***Liquidity***: **2,000,000** tokens allocated to maintain liquidity on DEX and, in the future, CEX. **800,000 JVT** were unlocked at TGE, all the remaining **1,200,000** **JVT** will be released in equal monthly installments over 5 years.
## Who Are the Founders of JVault?
**JVault** began as a startup by two student friends, **Daniil Markov** and **Dmitry Schagin**, in September 2023, following their prize-winning performance at Hack-a-TON, organized by TON, AWS, and DWF Labs. Initially, the project team had nothing but $500 and a dream to create a product unparalleled in the TON ecosystem. However, just a month and a half after the concept emerged, **JVault** started public testing, and by November 13, the first version of the platform was released in Mainnet.
The project never received grants or major investments: during the Private Sale, which lasted about a month, only about half of the tokens were sold, amounting to about $25k. Yet, the guys never lost heart and continued diligent development, completing one milestone after another. Ultimately, in less than six months since launching in Mainnet, they delivered a product that has become one of the leading solutions in its field.
## Where Can I Buy JVault token (JVT)?
You can buy **JVT** on two leading DEXes on TON blockchain: **Dedust.io** and **Ston.fi**