JOJO.Exchange
  • JOJO EXCHANGE
    • 🔍Overview
    • 🚀Roadmap
    • 📣Announcement
      • 🛠️JOJO Exchange Upgrade to v2
      • 🤖Unlock Exclusive Rewards and AI-Powered Trading – The Future of DeFAI Awaits!
      • 🤝Transforming DeFi With Chainlink and Lido
      • 🪂JOJO's Airdrop Season 2!
      • 🎰Introducing Our New Mini-Game: Slot Machine!
      • 🪂Airdrop Season 1 claiming portal is ON!
      • 🤖JOJO is Integrating Chainlink Data Streams to Power Its Silicon-Based AI Exchange
      • 💡Upgrades to Chainlink Data Streams
      • 🪂JOJO's Airdrop Season 1!
      • 🍭You can now claim the reward for the 7-Day check-in Challenge!
      • ❗Notification of Environment Removal
      • 🪂JOJO's Airdrop Season 0!
      • 🪙New listing: WIF/USDC, ENA/USDC, CKB/USDC, BOME/USDC, W/USDC, ETHFI/USDC, ONDO/USDC, and DOGE/USDC
      • 🔖Fee Discount Notice
  • v2 product guides
    • 🧐Tutorials
      • How to Connect Wallet & login?
      • 💰Deposit & Withdraw
      • 📈How to trade Perpetual?
      • 📈How to Close a Position?
      • 📈What is a Limit Order, and how to place it?
      • 📈How to Place a TP/SL Order ?
      • 🕹️How to trade 1000X ?
    • 🤷FAQs
      • ❔How much leverage will be available on JOJO?
      • ❔Is there a deposit fee or withdraw fee on JOJO?
      • ❔What Happens When a Market Is Delisted
      • 📖How to Set Email
      • 📖What is PnL and How to Calculate It?
      • How to bridge assets to Base
      • 📖How to Swap USDC ?
  • 💵Fees
  • ⚖️Funding Rate
  • 💸Liquidation
  • 🔑API Keys
  • v1 Product guides
    • 🧐Tutorials
      • How to Connect Wallet & login?
      • 💰Deposit ,Transfer & Withdraw
      • 📈How to trade Perpetual?
      • 📈How to Close a Position?
      • 📈What is a Limit Order, and how to place it?
      • 📈How to Place a TP/SL Order ?
      • 👤How to use Sub Account?
      • 📈One-click Trade
      • 🕹️How to trade 1000X ?
      • 💰How to get JOJO airdrops?
      • 💰How to stake JOJO and get veJOJO?
    • 🤷FAQs
      • ❔Will there be more trading pairs in the future?
      • ❔What collateral does JOJO accept?
      • ❔How much leverage will be available on JOJO?
      • ❔What is One-click Trade and How does It Work?
      • ❔Is there a deposit fee or withdraw fee on JOJO?
      • ❔Why Trading on JOJO is Safe?
      • ❔Why do I keep receiving risk warning emails from JOJO?
      • ❔What Happens When a Market Is Delisted
      • 📖How to Set Email Notifications
      • 📖What is PnL and How to Calculate It?
      • How to bridge assets to Base
      • 📖How to Swap USDC ?
    • 🤖Ai Revolution
    • 📖Glossory
    • ✨Trading Pairs
    • 💵Fees
    • 🤑Prices
    • ⚖️Funding Rate
    • 💸Liquidation
    • 🤖Grid Bot
    • 🤩1000X Trading
    • 📪Sub Account
    • 🧑Referral Program
    • 🔰Multi-collateral system
      • Leverage your earning with mUSDC!
    • 🧲Flexible Earn
    • 🔐JOJO airdrops and staking
  • Smart Contract
    • 🎯Contract Addresses
    • 🕵️Bug Bounty & Audit
  • JOJO TOKEN
    • 📊Allocation
    • 🔒Token Economy
  • Arbitrum Alpha Test
    • 🤝Sunset Plan
    • 🎯Contract Addresses
    • ⚗️STIP
    • 🎙️Announcement
      • 🪙JOJO has listed WLD/USDC, AGIX/USDC, AR/USDC, STRK/USDC and 13 new trading pairs!
      • 🧰Notice of Legacy Network Decommissioning
      • 🧰Smart Contract Upgrade Announcement
      • 🔧Maintenance Notice
      • 🔮BIG UPDATE of JOJO's Bizarre Adventure: all points earned x 100!
      • 🪙JOJO has listed MEME/USDC!
      • 🔮JOJO's Bizarre Adventure Event is now alive!
      • 💰New collaterals: ARB!
      • 💰New collaterals: wstETH and GMX!
      • 🪙JOJO has been listed ARB/USDC, SOL/USDC, and LINK/USDC!
      • 🔖Notification of Environment Removal
  • LEGAL
    • Risk Reminder
    • Terms of Use
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On this page
  • Flexible Earn
  • What is the Flexible Earn?
  • Advantages of JOJO Flexible Earn
  • Flexible Earn step-by-step guide
  • The Mechanism of JOJO's Flexible Earning
  1. v1 Product guides

Flexible Earn

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Last updated 7 months ago

Flexible Earn

Real Earn, Healthy Returns!

What is the Flexible Earn?

JOJO has developed an excellent arbitrage scheme by utilizing the funding rate mechanism in perpetual contract trading.

At JOJO, we support the arbitrage of stablecoins such as USDC. Users will deposit stablecoins with a minimum deposit amount of 5 USDC and a maximum limit of 200,000 USDC. All users share the same funding pool and contract position. We aim to provide Base users with a more convenient and efficient financial product.

Advantages of JOJO Flexible Earn

  • Stability of Returns: JOJO's funding rate arbitrage products generate stable returns through the automated execution of trading strategies.

  • Convenience: Users only need to deposit funds into the JOJO platform to enjoy the automated funding rate arbitrage service without the need for complex calculations and operations.

  • Efficiency: By utilizing the differences in funding rates, JOJO can trade between perpetual contracts, futures markets, and spot markets, enabling efficient arbitrage operations.

  • High and sustainable APR: Aside from funding rate arbitrage profits in perpetual contract trading, there are also basis profits (the price difference between spot and futures).

Flexible Earn step-by-step guide

Step 1 Deposit USDC

Enter the amount you wish to use for Flexible Earn and click 'Deposit’.

Please be aware that your withdrawal process will take about 24 hours.

Step 2 You will get the earnUSDC and waiting for capital appreciation.

Step 3 Withdraw USDC and burn earnUSDC.

Enter the amount you want to withdraw for Flexible Earn and ‘Request Withdraw’.

After applying for a withdrawal, your earnUSDC will be locked. The system will perform the withdrawal operations mentioned in the above logic to withdraw USDC on your behalf. Please note that there will be a 24-hour time difference between when you initiate the withdrawal and when the USDC is credited to your account.

Why are the returns from funding rate arbitrage healthy and sustainable?

Whenever users trade perpetual contracts on any exchange, there is always a cycle of long and short parties paying funding rates to each other. This creates an opportunity for funding rate arbitrage. As trading activity increases and market conditions improve, the APR of funding rate arbitrage will likely rise.

Who is paying the APR of Flexible Earn?

On-chain users trading perpetual contracts.

What is the funding rate?

The funding rate is used to maintain price equilibrium in perpetual contract trading. It levies a fee on long or short traders based on the difference between the perpetual contract market and the spot price. This fee ensures that the price of perpetual contracts remains aligned with the spot index price. The funding rate is considered to be significant for two reasons:

  • Determine the market sentiment of long and short positions

  • Provide risk-free long-term arbitrage opportunities

How to earn airdrops via Flexible Earn?

The Mechanism of JOJO's Flexible Earning

Users only need to execute a USDC deposit for deposits, and the system will automatically carry out funding rate arbitrage on their behalf.

For withdrawals, users only need to request a withdrawal, and the system will automatically pay the user after 24 hours.

For more details on the JOJO funding rate, please refer to this article: .

Over 12 weeks, we're allocating weekly. Participants share this pool based on their points, calculated weekly. Trading 10 USDC earns 1 point, and maintaining an average margin of 2 USDC in your perpetual account, 1000x account, or bot account also earns 1 point.

When you deposit USDC into Flexible Earn, you receive an equivalent amount of earnUSDC as a deposit certificate, but you will not earn any airdrop points. However, you can use earnUSDC as collateral to , which will be included in the airdrop calculations.

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JOJO Funding Rate Mechanism
airdrops
borrow JUSD
Deposit USDC
Request Withdraw USDC
The Deposit logic in the Flexible Earn system
The Withdrawal logic in the Flexible Earn system