Juice Finance (JUICE) is a cryptocurrency that powers a Cross-Margin DeFi protocol built on the Blast L2 network. It offers users up to 300% USDB leverage for enhanced yields across the ecosystem, combining lending, borrowing, and yield farming for a comprehensive DeFi experience.
Juice Finance (JUICE) is a cryptocurrency that operates on the Blast ecosystem's Layer 2 infrastructure. It offers a range of features and functionalities that enable users to maximize their yields and engage in various DeFi activities. Here are the primary ways JUICE is used:
Lending: Users can lend USDB or WETH to earn passive APY without impermanent loss or active management, accumulating JUICE points in the process.
Borrowing: Users can borrow up to 3x leverage by collateralizing WETH or an LRT. The borrowed funds can be used to deposit into integrated DeFi vaults to earn yields, rewards, and points.
Farming Vaults: Users can deposit borrowed USDB or WETH into JUICE Vaults that integrate with DeFi protocols like Thruster, Hyperlock, Wasabi, and Particle, delivering yields and rewards.
Yield Farming: JUICE combines lending and borrowing with yield farming to provide a comprehensive DeFi experience. Users can earn various points, including EigenLayer points, LRT points, Juice points, Blast points, and more.
Trading: JUICE can be traded on various cryptocurrency exchanges, allowing users to buy, sell, and exchange it for other cryptocurrencies or fiat currencies.
Overall, Juice Finance is designed to provide users with composable leverage, empowering them to optimize their DeFi activities and maximize their returns within the Blast ecosystem.
To store Juice Finance (JUICE) tokens, you can use a personal cryptocurrency wallet. This wallet does not technically store the tokens themselves but rather holds the private keys that grant you access to your tokens on the blockchain. You can choose from various wallet options, such as Metamask Wallet, which supports millions of assets and blockchains.
To buy Juice Finance (JUICE) tokens, follow these steps:
Create an Account: Choose a reputable cryptocurrency exchange (e.g., Coinbase, Binance) and create an account. Provide necessary information, including your email address, a secure password, and complete any identity verification steps. Research the exchange, read user reviews, and compare different exchanges to find the most suitable one for you.
Choose a Funding Method: Select a payment method to fund your account. Common options include:
- Credit/Debit Card: Ideal for newcomers, supported by most exchanges.
- Bank Deposit: Transfer fiat currency from your bank account to the exchange using SWIFT.
- P2P Trading: Directly purchase JUICE from other users on certain exchanges.
- Third-Party Payment: Various third-party channels are available, depending on the exchange.
Buy JUICE: In the exchange's Buy & Sell section, select JUICE as the cryptocurrency you want to purchase. You can choose from different order types:
- Market Order: Buy JUICE at the current market rate.
- Stop Order: Buy or sell JUICE at a specified price.
- Limit Order: Buy or sell JUICE at a specific price or better.
- TWAP Order: Breaks down large orders into smaller segments over a chosen timeframe.
- Reverse Order: Assume the opposite stance of an active position.
- Transfer JUICE to Your Wallet: Once purchased, you can hold JUICE in your exchange account or transfer it to a personal cryptocurrency wallet for additional security and passive revenue opportunities.
For more information on exchanges and markets where you can buy JUICE, refer to resources like CoinScan and BitScreener.