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Jade Protocol

Jade Protocol is a decentralized reserve currency platform on Binance Smart Chain

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Description

What is Jade Protocol?

Jade Protocol is a decentralized reserve currency platform on Binance Smart Chain. Unlike DAI or USDC, which are pegged to the value of the U.S. dollar, JADE's reserves are crypto assets held by the Jade Protocol Treasury. JADE is a free-floating currency backed by our treasury supply of the stablecoin BUSD. JADE tokens can’t be minted or burned by anyone except the protocol. The protocol only does so in response to price. Each JADE is backed by at at least 1 BUSD. If JADE ever trades below 1 BUSD, the protocol buys back and burns JADE, pushing the price back up to 1 BUSD. There is no upper limit imposed by the protocol to the potential trading price of JADE. JADE is backed by BUSD, not pegged to it. This allows the JADE token to achieve a stable floating value, while never falling below the value of its backed assets. The token price is designed to equal (1 BUSD + Premium), with "premium" reflecting market value. JADE also expands its treasury through bonds. Bonds are sold by the protocol for different assets, and in return the buyer receives JADE at a significantly discounted price. This increases the treasury and enables us to produce incredible yields for our users.


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Jade Protocoltakes full advantage of the power of the blockchain.It is a game based on the NFT + meta-universe on BSC blockchain which anyone can play. Any new player can earn game tokensBSC to consume or transact in the virtual world.
NFT is a non-homogeneous token, and NFT provides a new way to solve copyright problems: when a work is cast as an NFT chain, it is given a unique code that can not be tampered with. No matter how many times the work is copied and disseminated, the original author remains the sole owner of the work. With the help of blockchain, players can create rare virtual items and ensure their scarcity. The the assets in the game is absolutely true and Jade Protocol is a good tool to make money.
Jade Protocoltokens are BSC ,which are virtual tokens minted on the blockchain.
If the player experiences the joy of Jade Protocol, they can follow the official instructions to join in. If you want to make money as a sideline, you need to think carefully.