DeFi’s Next Chapter ▶️✈️
We predict in the next 5 years, the first $1T will be deployed across DeFi. The onchain economy will continue to undergo massive credit expansion, process huge volumes, and emit enormous incentives.
There is unrivalled opportunity for yield generation on dollars and crypto-native assets via safe and transparent yield avenues that simply do not exist in the traditional financial system.
Institutions have attempted to curate products to address this market, but opaque and irresponsible risk management practices, nested counterparty risks, hidden leverage, dishonesty, and greed, have evaporated billions in value from DeFi — catastrophic vault failures have destroyed capital, and their ripples have caused TVL to recede from the sector.
There is a tremendous need and vacuum for trusted, safe, and transparent high-performance products.
Jetstream: The Liquidity Autopilot Protocol
Jetstream is building a suite of DeFi products for stablecoins, LSTs, and blue chips.
Jetstream’s flagship product, Jetstream USD will have:
▶️ 100% transparent and verifiably onchain strategies
All TVL stays 100% onchain, always. Strategies directly generate yield on DeFi protocols; no third parties involved. Strategies must have ample liquidity to exit at any time. Time-locked or duration based strategies must be 100% onchain and capped at a small portion of TVL as per a pre-defined risk management framework
▶️ Smart contract-enforced frameworks that prevent arbitrary actions
Each strategy component is a separate and fully-audited ‘walled-garden’ smart contract module with immutable whitelisted protocol interactions. New interactions/actions cannot be added in production, TVL is fully confined to the module only, and arbitrary actions are blocked.
▶️ 24/7 live onchain proof-of-reserves and emergency controls
Full public disclosure and continuous monitoring of reserves and risk metrics. Constant monitoring for suspicious activity in underlying protocols, with emergency controls and a ‘panic button’ to swiftly exit all strategies.
▶️ The Team
You may have heard of us before: Jones has built an extensive suite of DeFi products, encompassing leverage, lending, and liquidity strategies. Jones was an early pioneer of option vaults, delta-neutral stablecoins, and leveraged perpetuals dex LP tokens. We pioneered safe, trustworthy and cutting-edge DeFi strategies that serviced over $50M TVL at their peak. DeFi has evolved significantly, and so has our technology and vision.
As Jetstream, we are taking on a new, bolder, and more institutional identity to serve the future of DeFi.
Details of the token migration from the Jones token, as well as an airdrop to past and current Jones holders and platform users, can be found in the Jones discord. The Jones platform and frontend will remain fully operational at jonesdao.io
Further details on the Jetstream platform and relevant timelines will be revealed in due course.
Stay tuned as we build for the future of DeFi, at jetstream.markets
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