Introduction to JFI
Jackpool.finance (JFI) has emerged as a standout DeFi mining project on JustSwap, marking itself as TRON's first liquidity mining initiative. Built on TRON - known for faster transactions and lower fees compared to Ethereum - JFI follows YFI's model by leveraging major exchange tokens across multiple asset pools.
Key Features:
- Three active pools: USDT/TRX, USDT/TRX (duplicate), and JFI/TRX trading pairs
- TRON's YFI: Designed with similar mechanics to Yearn Finance
- Rapid growth: Locked value reached $XXX within weeks of launch
Current JFI Landscape
Market Data (as of September 2021):
- Price: $684.03 (ATH: $1,581.20)
- Circulating supply: ~16,000 JFI
- Market cap: ~$11 million
1. Token Distribution Analysis
The TRON blockchain reveals concentrated ownership:
- 74% held by top 10 addresses
- 50% of addresses hold <10 JFI
- Notable holders include OKEx (15.7%) and Gate.io
2. Mining Participation Process
- Provide liquidity on JustSwap
- Stake LP tokens on Jackpool.finance
- Earn JFI proportional to liquidity share
- Compound earnings by restaking JFI
3. Economic Model
- Total supply: 21,000 JFI (no premine/ICO)
- Weekly halving: 3,500 → 1,750 → 875 etc.
- Pool distribution: 7,000 JFI per pool
| Week | Pool 1 JFI Reward |
|---|---|
| 1 | 3,500 |
| 2 | 1,750 |
| 3 | 875 |
👉 Discover how JFI compares to other DeFi gems
JFIDAO Governance Structure
The decentralized autonomous organization comprises 8 functional committees:
| Committee | Responsibility |
|---|---|
| Treasury | Fund management |
| Development | Protocol upgrades |
| Security | Risk assessment |
| Marketing | Community growth |
| Partnerships | Exchange listings |
| Legal | Regulatory compliance |
| Analytics | Data reporting |
| Grants | Ecosystem funding |
Security & Audits
- Audit results: Low-risk rating (except Pool 2 - medium risk)
- Vulnerability addressed: Owner permissions destroyed September 6th via DAO vote
- Development team: 3 core contributors with GitHub activity peaking August 21st
Market Outlook
While JFI's codebase shows limited innovation compared to YFI/SUSHI, its strategic position as TRON's first liquidity mining solution creates unique opportunities. The recent burning of admin keys ensures:
✅ Permanent scarcity
✅ Zero inflation risk
✅ Full decentralization
👉 Learn about TRON's DeFi ecosystem
FAQs
Q: How does JFI generate value?
A: Through JustSwap trading fees and JFI mining rewards distributed proportionally to liquidity providers.
Q: What makes JFI different from YFI?
A: While mechanically similar, JFI operates on TRON's faster/cheaper network and focuses specifically on TRX-based pairs.
Q: Is JFI a good investment?
A: Like all DeFi projects, JFI carries significant volatility risks. Always DYOR and never invest more than you can afford to lose.
Q: Can JFI be staked?
A: Yes, staked JFI earns additional rewards through the compounding mechanism described earlier.
Q: Who controls JFI now?
A: The JFIDAO community governs all protocol decisions after the September 2021 permission burn.
Q: Where can I buy JFI?
A: JFI trades on OKEx (15.7% of volume) and 12 other exchanges, with GX.com handling 78.2% of transactions.