Vault

The Jaypeggers Vault

The Jaypeggers vault is the backing for the JAY token and is at the center of all transactions associated with the platform. The vault receives a portion of ETH from fees collected on each transaction. This results in the value of JAY increasing as a function of total platform transaction volume. In other words, the value of the vault (disregarding JAY in circulation), denominated in ETH, will only increase.

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