JOJO Meta Farm: Earn, and Govern

JOJO
3 min readJan 28, 2022

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Some time ago, we announced the “JOJO.FUN Metaverse IP Plan”, some well-known IP will join and enter the game and toy industry together with JOJO. JOJO comes from the community, and JOJO.FUN Metaverse is jointly built by the community, so the benefits of “JOJO.FUN Metaverse IP Plan” should also be shared by the community.

JOJO will establish JOJO Meta DAO and JOJO Meta Farm. Users can obtain Community Governance Certificates, JOJOPOWAH, by providing liquidity for JOJO/BNB, etc., so as to participate in JOJO community governance and early investment of “JOJO.FUN Metaverse IP Plan” .

JOJO will launch the JOJO Meta Farm, where users can provide liquidity for JOJO/BNB to earn $JOJO and get JOJOPOWAH.

How to earn $JOJO at JOJO Meta Farm?

After you successfully provide liquidity for JOJO/BNB, your income mainly comes from 2 aspects:

1. Stake JOJO/BNB LP and earn $JOJO

JOJO Meta Farm will distribute $JOJO to all users participating in JOJO/BNB Yield Farming.

The bonus amount of JOJO Meta Farm will increase as the number of BNB in the liquidity pool increases.

JOJO Meta Farm initial bonus:

1,000,000,000 $JOJO

When the number of BNB in the liquidity pool increases to 7,500 BNB:

200,000,000 $JOJO will be injected into JOJO/BNB Yield Farming Mining Pool;

When the number of BNB in the liquidity pool increases to 8,500 BNB:

300,000,000 $JOJO will be injected into JOJO/BNB Yield Farming Mining Pool;

When the number of BNB in the liquidity pool increases to 10,000 BNB:

400,000,000 $JOJO will be injected into JOJO/BNB Yield Farming Mining Pool;

When the number of BNB in the liquidity pool increases to 12,000 BNB:

500,000,000 $JOJO will be injected into JOJO/BNB Yield Farming Mining Pool;

At the same time, you can also stake NFT in JOJO Meta Farm to increase your mining speed. Origin JOJO NFT, Child JOJO NFT, JOJO FUN NFT, Fate/Origin NFT, Kingdom Arena NFT can all be staked, and,

LPE = LP * (1 + HR/20000)

LPE: your certificate to earn $JOJO in JOJO Meta Farm after staking NFT;
LP: the certificate you actually obtained after providing liquidity;
HR: the total HashRate of the NFTs you staked in JOJO Meta Farm.

Each user can stake up to 8 NFTs. Since the issuance price of different JOJO NFTs is also different, the HashRate of JOJO FUN NFT after stake will be 1/4 of its original HashRate.

2. Transaction fee income

After you provide liquidity for JOJO/BNB, whenever a JOJO/BNB transaction occurs on PancakeSwap, you will get the corresponding transaction fee from it.

What is JOJOPOWAH? How to get JOJOPOWAH?

JOJOPOWAH is the Governance Certificate of the JOJO community and cannot be traded. Currently, it can only be obtained through JOJO Meta Farm. In the future, the JOJO community will initiate proposals through SnapShot, and only addresses holding JOJOPOWAH can participate in proposal voting.

Proposal types include:

Well-known IP cooperation and signing;
Famous designers cooperation and signing;
Game incubation decision;
JOJO CryptoToy issuance decision;
Major rule adjustments in the JOJO community;
etc.

After the proposal is passed, community members who participate in the voting will be able to join the early investment of the voting project and earn more benefits.

After providing liquidity for JOJO/BNB, the amount of JOJOPOWAH held by community members is:

√(JOJO *2/100)

In future articles, we will introduce the JOJO Meta DAO Roadmap and more details to the community.

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