What is Juice Finance (JUICE)

1. Project Introduction
JUICE Finance ($JUICE) is a cross-margin DeFi DApp built on Blast, designed to maximize users' yield and point farming. It brings together lending, leverage, and account abstraction features, allowing users to access lending services with up to 3x leverage. Key features are as follows:
Lending: Users earn passive APY by providing either USDB or WETH liquidity from the Lend page on JUICE.
Borrowing: Users can access up to 3x leverage by collateralizing WETH or an LRT on the Borrowers page. They may borrow again and use the borrowed funds to deposit into integrated DeFi vaults to earn yield.
Farming Vaults: Borrowers deposit their borrowed USDB or WETH into JUICE Vaults that integrate with DeFi protocols like Thruster, Hyperlock, Wasabi, and Particle and deliver yields.
Summary: Juice is built on Blast by the OMEGA team known for its work on full-chain and Bitcoin DeFi infrastructure. The project is one of the winners of the Blast Big Bang competition and is currently the largest platform for leveraged lending in the Blast ecosystem, with a TVL of $190 million.

2. Team & Investment Info
Weston Cowan: Co-founder & CEO of Omega & Juice Finance, co-founder of SatRepublic Technologies Inc., former Managing Director at Valkyrie, co-founder & CEO of On Chain Partners, founder of iAnalyst.com, and Principal at JPMorgan Chase. He graduated from New York University.
Eric Ryklin: Co-founder & COO of OMEGA & Juice, former M&A Specialist at Wave Digital, M&A Specialist at Theta, Analyst at JPMorgan Chase & Co. He graduated from Cornell University.
Funding: In March 2024, Juice announced the completion of a $7 million funding round, with investments from Arthur Hayes, Delphi Digital, DWF Ventures, and others.

3. Social Media URLs
X: https://x.com/juice_finance
Discord: https://discord.com/invite/juicefinance

4. Token Info
Token Symbol: JUICE
Total Supply: 1,000,000,000
Token Type: Blast
Issuance/Burn Mechanism: Fixed supply
Contract Address: https://blastscan.io/token/0x818a92bc81aad0053d72ba753fb5bc3d0c5c0923
Token Distribution:
Team & Advisors: 24%, 3.6% on TGE, then 3 month cliff and 18 month linear unlock
Seed Investors: 8.5%, 0.85% on TGE, then 3-month cliff and 18-month linear unlock
Long Locked Seed Investors: 2.3%, 0.00% on TGE, then 12-month cliff and 18-month linear unlock
Ecosystem Rounds: 15%, 1.5% on TGE, then 3-month cliff and 18-month linear unlock
Airdrop (Season 1): 5%, fully unlocked on TGE
Ecosystem Rewards/Treasury Reserve: 39.2%,18-month linear unlock
LBE + Locked Liquidity: 4%, 4% DEX LP
Market Makers & CEXs: Fully unlocked on TGE

5. Related Links
Official Website: https://www.juice.finance/
White Paper: https://juice-finance.gitbook.io/juice-finance
Other Info:
https://www.rootdata.com/zh/Projects/detail/Juice%20Finance?k=MTE1Mjg%3D

Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. HTX does not take responsibility for any resulting direct or indirect losses.