As some of you may already be aware, Juiced is an interest-rate arbitrage pool that uses delta neutral positions to earn the best yields. Ever since our Alpha launch just over a month ago, we’ve been collecting essential data and received great feedback from our amazing Juicers, all of which is allowing us to improve day after day, working to bring our users the best possible returns.
But as we work on optimising Juiced, there’s a couple of thing we felt was time to share with our community:
Fresh new look!
Juiced’s current UI consists of a series of simple, straight-forward boxes with our Cartons in the middle, over a dark background. Bland, but it gets the job done and we were able to get users onboarded quickly to start testing with us. But we’ve also been working behind the scenes to upgrade our website so it is in line with our brand identity. We envision Juiced to be an inclusive and open brand that is approachable, down-to-earth and fun where all users, irrespective of trading experience, can participate and earn rewards accordingly.
Here’s a sneak peek of our new homepage in light and dark mode:
Within the very near future, our juicers will be able to enjoy our new, distinctive website and app! We hope you like it as much as we do! Aside from this new look, we will also be adding a dashboard soon after, allowing users to track their deposits directly on Juiced. No more solscan!
After the launch of our much awaited V2, and as we pore over the data collected over the past month, it’s time to introduce our very own native token, $ZEST, its many use-cases, along with our new, updated UI.
Juiced’s native utility token, $ZEST, will be used as currency within our ecosystem. On the outside, it’ll seem like another regular native token, but its use-case is quite unique; let us explain:
Looking at what we have achieved over the past month, it is reasonable to believe that, in the foreseeable future, we will be able to open more sophisticated Cartons, which would offer users higher expected returns. Here’s where $ZEST comes into play. Unlike any other protocol, $ZEST will be used to pay for the fees required to deposit your stablecoins into our more advanced Cartons.
Juiced’s main focus will always remain optimizing trading strategies, and most of the Cartons will be free of this $ZEST fee; only selected Cartons require will a small entry fee, which will ensure the Carton isn’t immediately flooded by APY hunter/bots, and that these returns and Carton capacity is held for our core community. The $ZEST tokens collected via these entry fees will be used for treasury management purposes by the team.
These are the use-cases we have initially envisioned for $ZEST, but more utility will be added as we continue to expand and grow. A more in-depth Medium article with more info regarding $ZEST and its many application areas, along with launch details, tokenomics, etc, will be shared within a couple weeks, so be sure to follow this space for updates!
And that’s it for now! We’re extremely excited for what’s coming next, and remember, if you’re a V1 user, please proceed to migrate your funds to V2 if you haven’t already! Keep an eye out for further developments and, as always, Juice on!