JUMBO Exchange — Be One of The First Holders of Burrow ($BRRR)
JUMBO Exchange is nearing very pivotal milestones and we can’t wait to share more exciting news in the coming days. We wholeheartedly appreciate our tight-knit community, your support and immensely valuable feedback helped/will help us to transform JUMBO into the Decentralized Exchange that we all love to use.
As a token of appreciation for our community we decided to unveil a special event! Be the first to take a hold of Burrow tokens!
What’s Burrow?
Burrow, the first decentralized money market on NEAR Protocol. On Burrow, users can deposit base layer assets such as NEAR, DAI, wNEAR, USDC, ETH, and wBTC to yield interest, as well as borrow against them at customizable rates. On top of this, users can unlock yield staking and self-repaying loans from interest-bearing assets such as stNEAR, as well as stETH, stSOL, and stFTM in the near future.
Exclusive and Limited Burrow Event on Jumbo Exchange
Starting from today, we enable users to acquire Futures on Burrow tokens. fBRRR can then be exchanged with 1:1 ratio to BRRR after its official release.
The Jumbo team will handle the exchange of fBRRR to BRRR providing liquidity for users to seamlessly exchange them.
So the terms of participation is simple: swap to fBRRR the same as you would swap to any other asset. Hold on to them for the ability to exchange it then to BRRR on Jumbo directly!
Summary
- Get a hold of BRRR early on by purchasing Futures on BRRR (fBRRR)
- After BRRR is listed, you can safely exchange your fBRRR with the 1:1 ratio on Jumbo seamlessly!
- fBRRR is paired with wNEAR
- There are no specific conditions required in order to take part
- Liquidity on BRRR will be handled by Jumbo Team so that everyone can exchange their fBRRR whenever they want
- You will be able to convert your fBRRR into BRRR right after BRRR listing
- The supply of fBRRR is limited so the clock is ticking
