Jones DAO (JONES)

Jones DAO (JONES) is a decentralized autonomous organization that aims to simplify DeFi strategies for its users. Jones DAO allows users to unlock liquidity and capital efficiency for their DeFi investments with its one-click vaults. The platform offers vault-backed assets, enabling users to participate in groundbreaking DeFi strategies easily. Jones DAO offers a range of strategies, including the recently launched jAura, an auto-compounding strategy for AURA tokens, providing users with the opportunity to earn a yield on their tokens and increasing the backing of jAURA over time.

Jones DAO also offers the jGLP & jUSDC strategy called Smart Leverage. Users can deposit various assets into the vault and borrow from the Jones USDC vault to leverage up and mint additional GLP tokens. The strategy employs the Smart Leverage system, automatically adjusting leverage within predefined risk parameters. jGLP has become the new standard for risk-on-yield generation, maximizing user yield while maintaining exposure to crypto price action. Users can auto-compound into additional vault shares or collect the yield, increasing their vault shares over time.

Besides these strategies, Jones DAO offers meta vaults that provide liquidity and utilize options strategies to leverage automatically or hedge users’ positions according to their outlook. The platform also supports directional LP yield staking, allowing users to earn rewards through liquidity pools for JONES and assets. Jones DAO is built on the Arbitrum mainnet and has partnerships with Dopex, Plutus Dao, Camelot, GMX, and Olympus Dao, among others. The community-driven platform can be accessed through various channels, including Twitter, Discord, the Jones DAO forum, and the documentation and code available on GitHub.