Jasmine Energy Mission Control: Our 3-Phase Launch Plan for v1.0
Jasmine Energy is bringing energy attributes to Regenerative Finance (ReFi) as a new composable asset. We’re launching this new composable asset in three phases. Each phase of our rollout will bring a new level of functionality, but only after all three phases will energy attributes function as composable lego blocks.
Phase 1 — Launch Bridge — Early Q1
Our 2-way bridge connects the blockchain to legacy EAC registries. EACs can move on-chain and off-chain across the bridge.
After this phase, there won’t be much a user can do with a tokenized EAC, but we’ll be able to test moving them back and forth.
Phase 2 — Launch Reference Pools — Q2
Reference pools allow similar Energy Attribute Tokens (EATs) to be pooled together to create liquidity. Users will be able to move their EATs into and out of pools. In exchange they’ll receive Jasmine Liquidity Tokens (JLTs — pronounced like “jolts”).
Again, there’s not much magic at this point, but we’ll be able to conduct important tests.
Phase 3 — DEX Listing — Q2
By listing JLTs on a decentralized exchange (DEX) they will have an always actionable price. We needed the previous steps to get here, but this is where the real magic starts. A high quality on-chain price signal enables arbitrage, collateralization, and the rest of DeFi. Anyone who wants EATs will be able to get them at a transparent price and anyone who has EATs will be able to hedge and financialize their position.
How to Participate
We’re inviting everyone to help us test each phase of the rollout. Everyone selected to participate as a tester is given EACs to use while testing. As a thank you all of the testers get to keep their EACs.
To volunteer as a tester, join our Discord and ask in the #mission-control channel for instructions.
Learn More
To learn more about how Jasmine works, read our docs, or ask us questions on Twitter or in our Discord.
