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$iJPEG

Overview:

The JPEG Index is a tokenized representation of a curated collection of blue-chip NFTs. It offers users the opportunity to co-own these NFTs, regardless of their individual sizes. By holding the JPEG Index token, users gain exposure to blue-chip collections, potential value appreciation, ETH yield generated through the JPEG'd protocol, and the ability to participate in the governance of the index.

Composition:

The current JPEG Index is composed of one NFT from each of the following collections:
  • Cryptopunks #8671
  • Bored Ape Yacht Club #3634
  • Ringers #362
  • Fidenza #378
  • Squiggle #9185
  • Azuki #8310

Yield Generation:

To generate yield for $iJPEG stakers, the JPEG Index utilizes the JPEG'd protocol. Each NFT within the index is deposited into a non-liquidating vault. This vault allows the index to borrow assets, which are then deposited into The Citadel, a platform where they can earn yield.

Distribution

$iJPEG was airdropped 1:1 to donators of the iJPEG donation event following PIP-43.
Get $iJPEG here.
Stake $iJPEG here.