After yesterday's situation, we realised that the project needed some serious changes and made some decisions to restructure the internals of JVault:

⭐️Now even small updates will be subject to multi-stage control by all the staff developers
⭐️Audits and public testing will become mandatory for all major releases
⭐️A Bug Bounty programme will be launched with rewards of up to $2000 for each vulnerability found
⭐️From now on, all JVault revenue will be allocated to the $JVT token, which will be burned until 100k $JVT is redeemed

To stabilise the development of the project we continue to work on updates. On the 20th of August we will relaunch the fully updated JVT staking with v2 index.

P.S. It is important to note that the issues described above are not related to the smart contract code. The audits we passed previously remain valid and all of our services continue to operate as standard.

Regards,
JVault Team*⭐️*

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Hi everyone, it's Daniil, CEO of JVault

Yesterday, due to a bug in the deployment of the $JVT staking smart contract back in February, Private Sale investors were able to withdraw tokens not belonging to them from the $JVT staking pool.

Before our team discovered the problem and suspended the staking pool, some users managed to exploit the vulnerability. Thus, UQ…i4x_, UQ...TkGH and some other wallets withdrew about 100k $JVT and sold them.

Also, a bug was discovered in the locker. An incorrect smart contract address was written to the database, causing users to send tokens to an irrelevant contract. This resulted in a perpetual asset lockout for 2 users who we have already contacted to provide compensation.

We have seen the project develop unstably in recent months. At this time we are trying to contain the liquidity outflow due to the general market situation. We are also working to ensure that the lack of Open League boost will have as little impact on the project and investors' assets as possible.

The next post will tell you about our plans for the project development.

? JVault on the DappRadar platform

As you know, one of the biggest analytics services DappRadar has integrated the TON blockchain. With this platform, users can perform data analytics of decentralised applications.

? We are pleased to announce that our multi-platform, JVault, is now also available in DappRadar's application catalogue

Regards,
JVault Team *⭐Website⭐X⭐Chat EN⭐*Chat RU

?$JVT is now on CoinMarketCap Long-awaited news! As of today, $JVT token has become available on the world's most popular service for tracking cryptocurrency prices—CoinMarketCap.

⚡This means that now you have the opportunity to observe the price dynamics, trading volume and many other indicators in the main crypto-asset data aggregator.

To stay up to date with all events related to $JVT, we recommend that you add the token to your Watchlist.

Regards,
JVault Team *⭐Website⭐X⭐Chat EN⭐*Chat RU

*?I*ntroducing an updated roadmapSince the inception of JVault, our team has been developing products significantly ahead of the roadmap. We always try to follow market demands, so we have updated our roadmap:

?2024 Q3

?Adapt all jvault.xyz services to Telegram Mini-Apps
?Improvement of commission distribution system
?Staking V2 with new design and tokens instead of NFTs
?Integration of Quest Bot into TON Society
?Ambassador programm

?2024 Q4

?Minter with automatic token distribution and AI assistant for creating balanced tokenomics
?NFT staking tools
?Dutch auction and Fairlaunch systems
?Gamification of the JVault ecosystem

?2025 Q1

?Jetton-Multisender with support for unlimited one-time transactions
?Enhanced yields in staking for JVault Treasuries holders
?Tools for creating and managing DAOs

?2025 Q2?Integration of other TVM blockchains❤ Thank you to all those who support us on this difficult journey. We don't stop working for a single day to make you happy with the new functionality of our platform as soon as possible.
Towards the dream,
JVault Team*⭐Website⭐X⭐Chat EN⭐*Chat RU

*? *Recommendations for tokensale organisers from JVault
Going to create your own token, but not sure about the success of its upcoming launch? Our team has compiled recommendations that will help with tokensale on JVault's decentralised Launchpad.

? Do not inflate your Soft Cap

Any figure in a project's expenses section should be reasonable and justified. If a certain amount of money is required to meet the minimum project objectives, it is probably best to base your project on that amount.

? Take the creation of tokenomics responsibly

Tokenomics should be understandable for people with any background. Understanding it is the most important factor that influences the decisions of potential investors, because it is necessary to assess the long-term effectiveness of the project.

? Use Locker to build credibility

The bulk of funding comes from early investors who purchase tokens at the lowest price. By using token locker, you can ensure that the price stays stable while preventing sudden market fluctuations and demonstrating that the team and investors are not abandoning the project.

? Conduct research with your community, and evaluate audience engagement before the tokensale starts

It is obvious that a quality and active community is the basis for a project. These are your potential investors and users who will actively participate in your project and spread the word about you around the world.

❤ We invite all active participants of the TON blockchain to touch truly convenient and decentralised tools developed in the JVault lab.

There is a lot of exciting things to come,
JVault team ⭐
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? Reliability Score — JVault's innovative method for assessing the reliability of projectsWe are very pleased to introduce a new feature — Reliability Score — linking our existing products: Launchpad and Locker.
? Reliability Scoreis a system for assessing the trustworthiness of projects, reflecting guarantees for investors. Reliability Score shows how close the purchase price at the pre-sale is to the minimum price after listing (assuming all available coins are sold).

☑ The smaller the divergence between these prices, the higher the score.

We mentioned earlier that Reliability Score is the link between two JVault products — Launchpad and Locker, as it is directly related to the number of locked tokens at the time of listing.

? You can read about the factors affecting the Reliability Score in detail in the documentation.

We build technology-driven and decentralised productsthat are accessible to every blockchain user. Get to know Reliability Score and many other options by starting a tokensale on our Launchpad!Regards,JVault Team ⭐
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? New partnership with SettleTON and 10 NFT giveaway
We announce a partnership with the winners of «The Open League Prague Bootcamp»and«EVAA Liquidation Bot Hackathon»—SettleTON.

? SettleTON is an innovative platform for investing in fundamental projects of The Open Network.

SettleTON simplifies and automates the process of investing in liquidity pools, eliminating the need for daily manual operations of award branding. Thanks to SettleTON, you can manage your crypto portfolio in just one click!

? The project has launched the first index-based crypto fund combining $USDT, $SCALE, $JVT and $DYOR liquidity pool tokens, and is right now running a closed beta test available only to special NFT «SettleTON Launch Pass» holders.

❤ We are pleased to support an experienced team offering a unique product and announce a joint raffle for our community, with 10 NFTs from the «SettleTON Privileged Access» collection as prizes.

➡ Enter the draw⬅
The promotion will run until July 8 inclusive.UPD: The number of prizes has been increased to 15. The results are available at the link.

Regards,
JVault Team ⭐
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⚡Our new partner — NFT-loan service DAOLama

We continue to delight you with awesome news! We have partnered with one of the most popular services in the TON blockchain, which will allow you to borrow Toncoin against NFT — DAOLama.

?You have always been able to trade or sell NFT bonds issued by staking in JVault pools, but now, thanks to the integration with DAOLama, each of you will be able to securely borrow TON against our NFTs in a few steps.

Right now, only $JVT staking pool NFT bonds are available for pledging, but very soon, we will continue the integration and introduce new staking pools available to interact with DAOLama.

Always yours,
JVault Team *⭐Website⭐X⭐Chat EN⭐*Chat RU