How Does it Work?

Every Jellycube has a point value ranging from 1 to 5, determined by its "Block" (or Skin). Each point of a Jellycube is equivalent to 10,000 $JELLY Tokens.

Users have the option to "Chunk" their Jellycubes, meaning they can exchange their Jellycube for the corresponding amount of $JELLY. For example, a 2-point Jellycube would yield 20,000 $JELLY.

However, there is a 10% fee applied when Jellycubes are chunked. Once a Jellycube is chunked, it is placed on a marketplace, where anyone can purchase it using $JELLY.

Example: Joe chunks a 2-point Jellycube, which is worth 20,000 $JELLY (10,000 $JELLY per point × 2 points). After the 10% fee, Joe receives 18,000 $JELLY. The chunked Jellycube is then listed on the marketplace for 20,000 $JELLY (10,000 $JELLY per point × 2 points).

For a detailed explanation, check out our video explanation.

Last updated