Jubi Finance Sector To Launch One-click Mining For Jswap Finance

Jubi Finance sector will launch One-click Mining for JF starting from Dec 13th. Users will be able to use assets such as JF for mining JF. Also, we are happy to notify that JF mining will be cost free as Jubi will be responsible for any costs incurred during transaction and trading.

Introduction:
Due to the high participation of JF mining users, Jubi will extend welfare mining according to the community’s suggestions, and the end time will be announced later.

Requirements: All users can participate. Users will need to deposit assets of JF in order to min JF. Minimum amounts are 500JF Calculation: JF’s daily mining rewards are to be calculated by each user’s mining hashrate proportion within the total mining hashrate.

Formula: Each user hash-rate proportion = individual deposit time * individual token amount locked/ ∑ deposit time * token locked.

Favorable Terms:
If one user’s daily snapshot trading volume <1000JT, Jubi will charge a 3% of service fee;
If one user’s daily snapshot trading volume 1000≤JT<2000, Jubi will charge a 1% of service fee;
If one user’s daily snapshot trading volume JT≥2000, Jubi will charge ZERO service fee;

About profit-taking and redeeming
If users deposit before 20:00 PM each day, JF rewards will be sent out before 20:00 PM next day;
If users deposit after 20:00 PM each day, JF rewards will be sent out before 20:00 PM the day after next day.

Lock period of JF mining is 7+N in calendar day. After mining for 7 days, users can redeem the rewards anytime.

About Jubi

Founded in 2013, Jubi.com is one of the earliest online digital asset trading platforms in the world. In 2020, Jubi.com was wholly-owned by Singapore Uniweb Group, and the new domain name JU.COM was launched.
In March of the same year, it obtained the exemption from the Singapore Monetary Authority.Jubi is the world’s leading digital asset and derivatives trading platform, selects more potential digital assets for users, and strives to continuously innovate in the digital asset financial model.