Tokenomics
$JOLT emissions will be used as incentives for contributions to the platform's TVL and utility. There is no pre-mine, no team allocation, and no venture capital backing—ensuring a fair and transparent distribution model.
The token supply follows a predictable emission schedule having a set inflation rate (adjustable ), with allocations primarily directed toward liquidity providers and active users. By rewarding those who contribute to the ecosystem’s growth, $JOLT aims to establish a decentralized and community-driven economy. $JOLT is distributed to lenders and borrowers on the JOLT finance platform as follows:
$JOLT Inflation Rate
There is an initial burn of 100,000 tokens, this is the total supply.
For year one, we calculate the amount to mint based off the total supply. After year one, we use the circulating supply (circulating supply is minus the initial burn of 100,000).
Here is the initial emission plan.
1
1
80%
6,666
6,666 / month
2
50%
11,110
4,444 / month
3
40%
14,813
3,703 / month
4
35%
18,161
3,348 / month
5
30%
21,115
2,954 / month
6
25%
23,638
2,523 / month
7
20%
25,698
2,060 / month
8
15%
27,269
1,571 / month
9
10%
28,329
1,060 / month
10
9%
29,291
962 / month
11
8%
30,152
861 / month
12
7.5%
30,965
813 / month
2
1
30% of circulating supply
31,739
774 / month
2
30% of circulating supply
32,532
793 / month
3+
30% of circulating supply
33,345
813 / month
Please note the APR is adjustable and may be changed.
Depositors
Receive 50% of the interest accrued by borrowers.
Borrowers + Depositors
Receive $JOLT Incentives based on emissions, utilization rate, and weightage allocated for the asset.
$JOLT Incentives earned can be claimed and becomes vested, earning staking fees with 3 months lock. Vested amounts can be exited early with a 50% penalty.
Vestings are 3 months in duration and are grouped by week. Tokens vested in the same week group will be unvested at the same time 3 months later.
Stakers
Receive 40% of the interest (shared with depositors) accrued by borrowers.
Staked amount can be fully withdrawn any time.
Lockers
Receive the penalty charges for early exit of vesting in the form of $JOLT tokens, as well as platform fees as per stakers.
Locks are 3 months in duration and are grouped by week. Tokens locked in the same week group will unlock at the same time 3 months later.
Locking rewards can be redeemed at any time.
Locking rewards will continue to accrue after the lock expiry until you claim the unlocked $JOLT.
Treasury
10% (adjustable) of emissions will go to the team wallet for maintenance, updates, audits etc.
The Treasury will also be used for other team expenses as needed.
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