Welcome to the Club!
JPool Holders Club is an exclusive membership community within the JPool ecosystem, dedicated to recognizing and rewarding our most committed users.
As you accumulate JPoints through various activities such as staking, participating in quests, and engaging with our community, you unlock unique privileges and benefits.
Collect JPoints, advance through membership tiers, and enjoy exclusive rewards and events. Join us in shaping the future of the JPool ecosystem.
Read on to discover more about Holders Club and what it holds for you.
Membership
Membership in the JPool Holders Club is granted to the public address of your wallet. It cannot be transferred or assigned to another person. Earning JPoints advances you through membership tiers, which unlocks new privileges, offers, and boosters. There are five tiers in total. Every time you reach a new tier, your membership card will automatically change its appearance to reflect the new membership level.
How to join the JPool Holders Club?
Obtaining membership is very easy — just connect your wallet and get a free club membership card by pressing the respective button. This card will be issued by decentralized identity (DID) platform Albus Protocol, our technology partner. You don’t need to provide your personal data or undergo KYC. Your card will be linked to the public address of your wallet, and you will see it in your personal account within the JPool Holders Club.
What are membership tiers?
Earning JPoints advances you through membership tiers, which unlocks new privileges, offers, and boosters. There are five tiers in total. The table below shows how many JPoints you need to earn to achieve each membership tier.
Tier 1< 0
Tier 20+
Tier 30+
Tier 40+
Tier 50+
What is an NFT-based membership card?
When you become a club member, our technology partner, decentralized identity (DID) platform Albus Protocol, issues a club membership card for you. This card is in the form of an NFT. You automatically receive it after connecting your wallet and pressing the respective button. When issued, your membership card is linked to the public address of your wallet.
As you advance to a new tier, your current membership card is replaced with a card of the new tier. You can access and view your card as an NFT in your crypto wallet. You can also manage it through Albus Protocol. To do this, connect to Albus at
http://app.albus.finance, using the same wallet and find your card NFT in the list of credentials.
What privileges do membership tiers provide?
Each membership tier unlocks a set of new privileges and offers. Each new tier includes all the privileges of the previous tier and adds new ones. The list of available privileges is constantly updated to include new great offers. The higher the tier, the better the privileges.
Some offers are time-limited. Keep an eye out and act quickly so you don’t miss out on truly valuable opportunities. To stay informed, follow us on
social media and watch for updates with the hashtag
#membersonly.
Are there any fees charged for club membership?
Membership in the JPool Holders Club is completely free of charge and has no explicit or implicit fees. However, to farm JPoints, you must have JSOL. You can get them by staking SOL with
JPool. Solana will charge fees for your staking transactions, but they are really small.
Can I transfer my membership to another wallet?
You cannot transfer membership to another wallet. However, if needed, you can give access to your wallet to another user, which will grant this user access to club membership. Be extremely cautious! This will mean that this user will have access to all your crypto assets associated with this wallet.
How can I cancel my membership?
Yes, you can cancel your club membership. To do this, please go to the
Albus Protocol app, connect the wallet that holds your membership card, find your card in the list of credentials, and delete it. This will cancel your club membership and delete your JPoint balance.
What happens to my membership if I stop staking SOL?
The fewer JSOL your wallet holds, the fewer JPoints you farm. JPoints are farmed according to this formula: [10] base JPoints for 1 JSOL held in the balance for 1 day. Withdrawing all JSOL will stop the farming process, but it will not affect your membership in any way. When you are able to withdraw and redeem your JPoints, they are subtracted from your redeemable JPoint balance, but the lifetime earned JPoints counter is not affected.
Redeemable JPoints can be withdrawn completely, while the lifetime balance will always reflect the full amount of JPoints you have ever earned. The new JPoints you will earn from that moment on will continue to increase this balance and advance you through membership tiers as before.
Jpoints
JPoints, or JP, are reward units that users can earn for staking and completing various quests within the JPool reward system. JPoints are credited to the account associated with the user’s wallet address. They are non-transferable and non-assignable.
The easiest way to earn JPoints is by completing social tasks on
Galxe. The rewards are generous, but this source is quite limited.
You can farm base JPoints directly within the JPool Holders Club by simply holding JSOL in your wallet balance. Base JPoints are farmed in real time, with rounding to two decimal places. Each JSOL held in balance will earn you 0.42 JPoints per hour (10 points per 24h).
Can I withdraw or exchange JPoints?
Season 1 only allows you to earn JPoints, with no options for withdrawal or redemption. At the end of Season 1, slated for late 2024, we will announce the launch of a mechanism for exchanging them.
When are JPoints credited?
JPoints are credited to your balance in real time. The amount is calculated based on:
- The amount of JSOL in your wallet (10 JPoints for 1 JSOL held in your wallet per day).
- All the boosters applied.
Boosters help you earn additional JPoints through various activities, such as using your JSOL to provide liquidity to our DeFi partners, or staking during the first 100 days after launch of the JPool Holders Club. For details about boosters, click
here.
At 0:00 GMT, your current JPoint balance is recorded in the daily history, and you continue to farm JPoints.
What can I do with JPoints?
Season 1 only allows you to farm, earn, and boost JPoints, with no options for withdrawal or redemption. At the end of Season 1, slated for late 2024, we will announce the launch of a mechanism for exchanging them.
Are there any limits to how many JPoints I can earn?
No, you can increase your JPoint balance without any limits.
Can I transfer JPoints to another user?
Currently, the JPool Holders Club doesn’t have functionality for transferring JPoints to other club members.
No, JPoints do not have expiration dates or redemption periods. They are tied to your membership card, which is associated with your wallet address. As long as you control your wallet and membership card, you have full control over your JPoints.
You can lose your JPoints only if you lose control of your wallet. If you no longer control your wallet, you can’t connect it to the JPool Holders Club and confirm that you are the owner of the membership card that holds your JPoint balance.
What happens to my JPoints if I withdraw my staked SOL?
Unstaking all SOL will reduce your JSOL balance to zero, which means you won’t be able to farm base JPoints on a daily basis. However, all the JPoints you have earned up to that moment will remain with you. They do not expire or get affected.
Can I earn JPoints from multiple staking pools simultaneously?
No, in Season 1, you can farm JPoints only by staking to JPool.
What will happen to JPoint farming if I provide my JSOL to a DeFi protocol?
If you provide your JSOL to a DeFi protocol that partners with the JPool Holders Club, you can still farm your base JPoints on a daily basis. Moreover, your JSOL will get a DeFi booster, which will boost the amount of JPoints you farm each day by up to 100%.
How it worksAfter the JPool Holders Club is officially launched:
- Stake your SOL with JPool.
- On the Rewards page, choose one of the DeFi partners.
- Provide your JSOL to the DeFi partner.
JPool will register this transaction and apply a booster to the amount of JSOL that you have provided. From then on, you will start receiving the additional, boosted JPoints.
What happens if my JPoint balance decreases?
In Season 1, you will only be able to farm, earn, and boost JPoints. There are currently no options for withdrawing or redeeming them. However, in the upcoming seasons, even if you fully withdraw all your JPoints, your tier will not be affected.
After the first withdrawal, your JPoint balance will be calculated as lifetime earned JPoints (which advances your tier) and a separate, redeemable balance. You will be able to use the JPoints from the redeemable balance, but the lifetime balance will remain unavailable for any withdrawals.
Boosters
Boosters are special mechanism for boosting your JPoints. They are calculated as a percentage of your base JPoints, which you farm daily. Apply boosters by participating in various activities and earn up to 3x of your base JPoints!
How can I get boosters? What types of boosters are there?
In Season 1, two types of boosters are available:
Early-bird booster, up to 2x base JPointsEarly-bird booster is a special multiplier applied to your base JPoints and determined by the amount of SOL you stake within the first 100 days after the launch of the JPool Holders Club. This booster delivers a
2x boost in the first week and incrementally decreases over the 100-day period. Make sure to act quickly to benefit from the strongest boost!
DeFi booster, up to 2x base JPointsDeFi booster is a special multiplier applied to your base JPoints when you provide your JSOL to our DeFi partner(s) on the Rewards page. When you do it, the JPool Holders Club automatically detects your transaction and applies a DeFi booster to the amount of JSOL you have provided to the DeFi partner. Then you start earning the additional JPoints from the DeFi booster. Your JPoints will be boosted the whole time your JSOL are provided to the DeFi partner.
In Season 1, you can provide your JSOL to the following DeFi partners:
Lending protocols1.50x (+50% JPoints)-
MeteoraLiquidity pools2x (+100% JPoints)-
SaveCan I use multiple boosters at the same time?
Yes, you can. If you have obtained multiple boosters, they are all combined to boost your JPoints. This works like this: all your booster multipliers are summed up, and the total represents the percentage of your daily base JPoints that will be additionally credited to your balance along with the base JPoints. The mathematic formula is as follows:
(base points)
+
booster 1(base points * 0.5)
+
booster 2(base points * 0.25)
=
points total
How do I activate a booster?
Boosters are activated automatically upon completion of certain target events. For example, a DeFi booster is activated when you provide JSOL to a DeFi partner. JPool detects this transaction and applies the DeFi booster to the amount of JSOL you have provided, so only the JPoints you earn from these JSOL are boosted.
Example:- You have 100 JSOL, with which you farm 1,000 base JPoints per day.
- You provide 50 JSOL to a DeFi partner and get a DeFi booster.
- From that moment, you will earn 1,000 JPoints per day, plus 250 JPoints as a DeFi booster: 50 JSOL earn 500 JPoints per day, 50% (DeFi booster) = 250 JPoints.
How long does a booster stay active?
All boosters you get in Season 1 will be active until the end of the season (late 2024). Please note that the next season will bring a lot of new attractive boosters, and the terms for the old ones will be revised.
What happens to my boosters if withdraw JSOL?
Everything is tied to your base JPoints, which you farm on a daily basis by holding JSOL. Boosters are mechanisms for earning additional JPoints. They are calculated as a percentage of your base JPoints. If you reduce your JSOL balance to zero and no longer farm JPoints, there will be nothing boosters can be applied to.
How do I know what boosters I have and how they are currently applied?
You can check the current status and the history of your JPoint balance on the Rewards page. It contains a table with information on base and booster JPoints by day, and a Daily History chart showing the history of your JPoint balance.
Can I give my boosters to someone else?
No, it’s not possible. Boosters are mechanisms for boosting your base JPoints. Since your base JPoint depend directly on your JSOL balance associated with your wallet, you cannot give your boosters to another user.
How do I make the most of my boosters?
It’s simple. The more JSOL you use for boosters, the stronger the boost for the base JPoints that you farm each day. So, to maximize your JPoints, there are two things to consider:
- Stake as many SOL as you can as early as possible to gain the strongest early-bird booster. The earlier and the more you stake, the stronger the boost.
- Provide as many JSOL as you can to our DeFi partner(s) to get the strongest DeFi booster. The more JSOL you provide, the stronger the boost.
Referral program
All members of the JPool Holders Club receive a unique referral code and a referral link containing this code. Anyone who uses this link to visit JPool for the first time and connects their wallet becomes a referee of the referrer, the person who invited them. Referees also receive their own member code and can invite other users via their links. This creates a cascading network that originates from the very first referrer. All lower levels generate rewards for upper levels in the form of a percentage of their own JPoint rewards and a share of the earnings from SOL staking.
How can I participate in the referral program?
You must have at least 1 JSOL in your wallet balance to be eligible for the referral program. Once you have it, you will see a referral code and a referral link on the Referrals page.
What rewards do I get for inviting new members?
During Season 1, you will receive 10% of any JPoints earned by your referees. Your referral rewards will be added to your balance at the start of each day (GMT).
How can I track my referees and referral rewards?
All information about your referees and rewards earned through the referral program is available on the Referees page. The JPool Holders Club tracks all JPoint-related transactions of your referees, uses them to calculate your rewards, and adds them to your balance at the start of each day (GMT).
How many people can I invite with my referral link?
The number of referees you can invite has no limit.
Are there any limits on the size of the rewards that I can receive?
No, there are no limits for the referral program in Season 1.
How long does my referral link remain active?
It will be active forever. A referral link is generated for each new member of the JPool Holders Club. It’s tied to the member’s wallet address and never changes.
What do I do if I give my referral link to a user and they forget to use it when connecting to the JPool Holders Club?
If the user you invited has already connected their wallet to the JPool Holders Club at least once before using your link, they will not be able to become your referee because they will already be identified as a user who is not associated with the referral program. For your invitation to work correctly, the user must use a wallet that has never been connected to the Club before.
What happens if my referee deletes their account?
If your referee deletes their account, you will simply stop earning referral rewards from that referee. This will not affect any rewards that you have already received.
Can I change or cancel my referral link?
Becoming a member of the JPool Holders Club and having 1 JSOL or more in your wallet automatically make you eligible for the referral program. The Club does not functionality for opting out of the referral program. You can simply choose not to participate in it, or you can delete your club membership card. In Season 1, you cannot rename the referral link.
How can I contact support regarding the referral program?
If you have any problems with the referral program or any requests, please feel free to reach out to us through our social media channels below. We will be happy to help you!
