Brief Understanding of the Functionality of the Jointer Auction

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Business

DeFi or the decentralized finance syndication has Jointer as the new model for the Binance Smart Chain. Making the most of the daily Auction, Jointer would help remove barriers in Commercial Real Estate. It would also cater to investors with instant diversification and uncorrelated returns. You could also make the most of the daily discounts that could go up to 50% and infinite liquidity. 

To purchase the JNTR asset, you should invest in Jointer Auction. This primary channel offers the investors individual bonuses and group discounts based on the position of the investor in every group and the investment level of the group. The decentralized finance smart contract determines the minting process day in and day out. It would calculate the auction result of the previous day to determine the minter supply of NTR for the day. Investors would invest up to the daily limit in every auction. They would benefit largely from the buying power of the entire group. The maximum auction amount would be capped at 150% of the total investment amount of the total from the previous day. 

Establishing the daily auction goal 

Daily, the live Jointer Auction begins at midnight GMT and commences at 11:00 am GMT. All investors would be awarded 100 JNTR for participating in the auction. When the day commences, the participating investors could estimate the face value of 100 NTR. 

Every auction is based on the goal to raise the total amount of funds gathered a day before. It would be the goal for the auction on the next day. A private auction would host the initial 27 days of the auction for the members of the whitelisted community. 

While determining the routine supply, Jointer would take the previous day’s total contributions and divide it by the face value price of JR NTR at the end of the day. It would help decide the daily supply of the auction. 

Incentives of daily Jointer Auction 

The dual bonus structure of Jointer caters to both small and large investors with a chance to make the most of the daily success, both as an individual and as a group. After the expiration of the initial 27-day private auction, an investor investing $100 on the initial day would make $3,000 on the last day of the auction. 

 

  • Group incentives 

 

All investors would get a 50% discount on JNTR on every auction day. The smart contract of Jointer triggers the discount after the investors go beyond the total investment of the previous day. 

 

  • Individual incentives 

 

The investors could make the most of the individual incentives driven by the rank of investors among the other investors. The top investor for the day would receive a 50% bonus, the second would receive 40%, the third would gain a 30% bonus, the fourth would gain 20%, and the fifth would gain a 10% bonus. 

With more individuals invested in the auction, the chances of gaining a higher individual bonus would be more. In case of a tiebreak, both the investors would gain the same amount at the end of that Auction day. However, the rank would go to the investor having processed the first investment. 

Use and distribution of the gathered funds 

If you were wondering about the use of the funds gathered, rest assured, it would help keep up the functionality of the strong Jointer ecosystem. Nearly 90% of the funds would be reserved for Commercial Real Estate Property Investments, while the remaining 10% would be used for powering the main reserve, side reserve, and turnover reserve. 

As the long-term vision of Jointer, it does not execute distributions to shareholders and founders. It believes in the reinvestment of 100% of profits gained from real estate investments into the latest real estate projects. 

To participate in the Jointer Auction, click on Jointer.io. 

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