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Part of the fees are used to buy back JRT and burn them.
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Relayers and validators stake JRT to align their interests.ġ00M JRT will be distributed through DAO-managed reward programs. JRT allows the administration of protocols through DAO. JRT is staked by validators and relayers to align their interests with those of the protocols.
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The DAO collect all the fees and decide how to best allocate them to serve the interest of the network and the JRT holders.The DAO manage a 100M Reward Funds to distribute JRT across various reward program, to incentivize those who bring value to the ecosystem.The DAO votes on multiple settings and on propositions to improve the network.JRT is a utility token to secure and manage protocols, respectively through staking and through DAO, and aims to reward agents who will bring value to the ecosystem. These protocols allow users to access the prices of any financial instrument through margin trading and/or synthetic assets and/or provide the liquidity required for these protocols to run smoothly. Jarvis Blockchainizes traditional financial markets to make them open, transparent, interoperable and programmable, and eventually disrupt them. Jarvis network (JRT) is a set of protocols on Ethereum for universalizing and uberizing finance and more particularly – financial products and markets.