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.
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