JPEG’d Governance Token

What is JPEG and how Does It Work?

JPEG'd (JPEG) is an Ethereum-based token related to NFT holders, providing them with the potential to engage in various activities such as staking or using the token as collateral for APE, BAYC, and MAYC. JPEG'd protocol involves borrowing and minting functions, with the protocol features also allowing for swapping of pETH and pUSD tokens as well as interaction with curve pools. The protocol aims to enhance the essence of an NFT by assigning more value to rare ones. Protocol participants can strategically select vaults that align with their requirements and utilize the asset liquidity of JPEG'd by depositing their NFTs in Citadel. An overarching goal is the preservation and amplification of significant NFTs, which includes features like a 'whale mode' aimed at large-scale operations along with effective position management. This process is made more streamlined using NFT Vaults, and Chainlink oracles contribute to pricing accuracy. JPEG'd's management of borrows and the co-existence of DeFi and NFTs within its protocol may lead to novel experiences for traders.

The Vision and Mission Behind JPEG

JPEG is an integral part of an ecosystem focused on connecting digital artists and creators with blockchain. Users who use this token, including artists, collectors, and enthusiasts can interact in activities like bidding, buying, and exchanging art. JPEG aims to promote blockchain adoption among digital creatives and assist them in benefiting from blockchain services optimally. It plays a role in the art marketplace by using decentralized technology and encouraging active engagement and interaction between enthusiasts. Features of the JPEG token allow you to access various digital art engagements.

How to Buy and Store JPEG?

To purchase JPEG, Flooz.xyz offers a streamlined process that makes it incredibly easy to acquire this token. With Flooz.xyz, traders can enjoy a one-stop solution for buying JPEG, using a smooth checkout that eliminates the need to own a wallet. Tap tap go! All payment methods are supported, ensuring a hassle-free experience. But that's not all. Flooz.xyz also provides a self-custodial web wallet that seamlessly handles your JPEG transactions. You can store, send, and receive tokens with ease. Creating a self-custodial wallet directly on Flooz.xyz takes just seconds using your email, Google, or Apple ID. This seamless and optimized trading experience has captivated over 85,000 active traders on Flooz.xyz. Furthermore, with Flooz.xyz's aggregation of more than 50+ providers, you can rest assured that you'll have access to the fastest and cheapest payment routes for your JPEG trades. This ensures not only convenience but also the security of your funds, thanks to the power of cryptography.

JPEG Metrics:

• Current price: $0⁴386

• Market cap: $2.69 M

• All-time high: being indexed (being indexed)

• All-time low: being indexed (being indexed)

• Daily trading volume: $43