Jalapeño Finance
  • 🌶️Jalapeño Finance
  • Introduction
    • Disclaimer
    • Welcome to Jalapeño Finance
    • DeFi: Evolution of Finance
    • Jalapeño Finance Mission
  • Core Concepts
    • Introduction to Volatility Vaults and How They Work
    • Directional Volatility Vaults
      • Parlay Volatility Vaults
  • Features and Services
    • Volatility Vaults Explained
    • SOL<>ARB Support
      • aJALA
    • Directional Volatility Vault
      • Directional Volatility Vault Parlay
    • $JALA Token: Uses and Benefits
    • $JALA Leaderboard Rewards
  • Roadmap
    • 2024
  • Tokenomics
    • Tokenomics Overview
    • Deflationary $JALA Supply
  • Community Airdrop
    • Community Airdrop
      • Wave 1, 2, 3, etc.
      • Peño Points ($PEÑO)
  • User Guides
    • How to Participate in Volatility Vaults
    • Guide to LP Staking
  • Troubleshooting and Support
    • Common Issues and Solutions
    • Official Links
    • FAQ
    • Privacy Policy & Terms of Use
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aJALA

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Last updated 1 year ago

Jalapeño Finance aims to be chain agnostic. As a result we have developed a suite of tools to facilitate this goal.

Using $JALA (Solana) on Jalapeño. Finance

Follow the $JALA user journey:

  1. Bridge your $JALA (Solana) token to $JALA (Arbitrum)

  2. Swap your $JALA (Arbitrum) to aJALA (Arbitrum)

  3. Use aJALA within the Volatility Vaults

  4. Swap aJALA to $JALA (arbitrum)

  5. Swap $JALA (arbitrum) to $JALA (Solana)

Bridged $JALA (Arbitrum) is a wormhole proxy token and does not operate as a true ERC-20 token. As a result we have created aJALA (Active Jala) which is a true ERC-20 token. aJALA (Active Jala) is used to create Volatility Vaults and used as rewards for correct Volatility Vault Predictions. aJALA is created when you swap the bridged $JALA (Arbitrum) asset. aJALA is burned when you swap it to $JALA (Arbitrum) asset therefore respecting the Max Supply of $JALA (SOL) which is 1,000,000,000.