JVault operates as an ecosystem built on TON, designed to serve both project creators and investors. It currently features four active products: Staking, which allows users to create and engage with token staking pools; Launchpad, a decentralized platform for conducting tokensales; Quest Bot, a MiniApp used to run quest campaigns that reward active community members; and Locker, a service dedicated to locking tokens with vesting schedules.

JVT serves as a core component of the JVault ecosystem. Holders have the option to stake their tokens in a dedicated pool, which provides standard percentage-based returns on their position. Additionally, staking enables participation in the distribution of 50% of the service's revenue, paid out in TON and other tokens listed on JVault. The token is also utilized for paying fixed platform fees, with all JVT collected through this mechanism being automatically burned.

The total supply stands at 10 000 000 JVT, with the Token Generation Event (TGE) taking place on 02/01/2024. The distribution is split into six categories:

• *JVT Staking*: 2,500,000 tokens are reserved for perpetual JVT staking. A specific formula ensures that reward allocations drop every two years, yet the supply will never be exhausted.

• *Private sale*: The private round was assigned 1,000,000 JVT. Of these, 430,000 were burned and 570,000 were sold at an average price of $0.045 per token. Market entry begins 6 months post-TGE at a rate of 47,500 JVT monthly, with full unlocking occurring 18 months after TGE.

• *IDO*: During the public round, which concluded in under 20 minutes, 500,000 jettons were sold at an average price of $0.09 each. These tokens became fully liquid immediately following the TGE.

• *Marketing*: 2,000,000 tokens are designated for advertising costs and rewards. 400,000 JVT were released at TGE, while the rest will unlock gradually across a 5-year period.

• *Team*: The project team received an allocation of 2,000,000 JVT. Unlocking starts 12 months after TGE and proceeds gradually over 5 years.

• *Liquidity*: To support liquidity on DEX platforms and potentially CEXs in the future, 2,000,000 tokens were allocated. 800,000 JVT were unlocked at TGE, and the remaining 1,200,000 JVT will be distributed in equal monthly portions over 5 years.

JVault was established in September 2023 by student friends Daniil Markov and Dmitry Schagin. This followed their award-winning showing at Hack-a-TON, an event hosted by TON, AWS, and DWF Labs. The founders began with just $500 and the ambition to build a unique product for the TON ecosystem. Public testing commenced only a month and a half after the idea formed, leading to the Mainnet launch of the platform’s first version on November 13.

The initiative did not secure grants or significant funding. During a Private Sale lasting roughly one month, approximately half of the tokens were sold, raising around $25k. Despite this, the team persisted with steady development, hitting successive milestones. In under six months from the Mainnet debut, they produced a solution that has emerged as one of the top options in its sector.

JVT is available for purchase on two prominent decentralized exchanges within the TON blockchain: Dedust.io and Ston.fi.