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xJAVLIS Vault

Overview

The xJAVLIS Vault is a yield-generating vault designed to allow users to provide liquidity in the form of JAVLIS tokens. In return, users receive xJAVLIS, which represents their share in the vault. The xJAVLIS Vault acts as the counterparty to traders on LeverageX and earns trading fees from platform activity.

Key Concepts

  • xJAVLIS Vault: The central vault where users deposit JAVLIS to support the LeverageX trading ecosystem.

  • xJAVLIS Token: A yield-bearing token representing a share in the xJAVLIS Vault. At launch, 1 xJAVLIS = 1 JAVLIS, but this rate may vary based on trading outcomes (PnL) and fees collected.

  • Epoch: A 24-hour cycle that governs withdrawal timing and open PnL snapshots.

Main Functions

Deposit

  • How it works:

    • Users deposit JAVLIS into the xJAVLIS Vault and receive xJAVLIS in return.

    • xJAVLIS grows in value over time as the vault earns a share of trading fees.

    • Deposits are processed immediately.

  • UI Details:

    • Enter the amount of JAVLIS to deposit.

    • See estimated xJAVLIS to receive.

    • Deposit fees are not fixed. Instead, they are dynamically based on the amount of JAVLIS frozen in CryoVault, similar to the LLP or xJAV logic.

    • Click “Deposit JAVLIS” to complete the transaction.

Withdraw

  • How it works:

    • Withdrawals are not instant.

    • Users must submit a withdrawal request.

    • The current withdrawal delay is 3 epochs (3 days).

    • Once your epoch window arrives, you can manually complete your withdrawal.

  • UI Details:

    • Withdraw tab allows entering the xJAVLIS amount to convert back to JAVLIS.

    • Displays pending withdrawal, if any.

    • Withdraw fees are not fixed. Instead, they are dynamically based on the amount of JAV frozen in CryoVault, similar to the LLP logic.

    • Manual execution needed after the waiting period.

Vault Metrics Explained

  • TVL (Total Value Locked): Total JAVLIS deposited in the xJAVLIS Vault.

  • xJAVLIS Price: Current conversion rate between xJAVLIS and JAVLIS.

  • xJAVLIS Supply: Total amount of xJAVLIS tokens minted.

  • Pool Size: Current available liquidity in JAVLIS.

  • Utilization: Portion of the pool currently used as trading collateral.

  • APY: Estimated annualized yield based on platform fee accrual.

Initial Liquidity and Pricing

The xJAVLIS Vault is launching with an initial liquidity of 11.1M JAVLIS seeded into the system to kickstart on-chain trading with a strong base.

  • Initial Price: 1 xJAVLIS = 1 JAVLIS

    This 1:1 ratio marks the starting exchange rate and serves as the baseline for early stakers.

  • Dynamic Pricing:

    The xJAVLIS price will evolve over time, reflecting real-time trading outcomes:

    • If traders lose, the vault earns — increasing the xJAVLIS value.

    • If traders win, the vault pays out — decreasing the xJAVLIS value.

As a result, the xJAVLIS price is a dynamic indicator of vault performance and may rise or fall based on platform activity and net PnL (profit & loss).

Trading Impact

  • The xJAVLIS Vault acts as the liquidity source for trades using JAVLIS as collateral.

  • Profitable trades are paid from the vault.

  • Losses from traders are credited to the vault, increasing its value.

Risk and Return

  • Earnings come from trading fees collected on all trades using JAVLIS collateral.

  • Losses occur when traders win. Vault value may decrease temporarily.

  • Vault returns depend on overall trading performance and volume.

Epoch System

  • Length: 24 hours

  • Withdraw Delay: Currently 3 epochs (3 days)

  • Use: Synchronizes open PnL and provides a structured withdrawal mechanism.

  • Withdrawals are only possible during your assigned epoch window.

Additional Info

  • Deposit and Withdraw Fee: Fees depend on the deposit amount and your JAVLIS tokens in CryoVault — the more JAV you freeze in Cryo, the lower your fee (same logic as LLP and xJAV).

  • Initial Liquidity: The vault starts with 11.1 million JAVLIS in liquidity. More can be added by any user at any time.

How to Use xJAVLIS Vault

  1. Visit app.javsphere.com

  2. Navigate to the xJAVLIS Vault section

  3. Connect your wallet

  4. Deposit JAVLIS to receive xJAVLIS

  5. Track your balance and earnings in real-time

  6. Request withdrawal when needed and follow the epoch cycle

Add xJAVLIS to your Metamask

Add 0xdfc8c41816cd6cca9739f946e73b4eeb17195836 as a new token in you wallet (e.g. Metamask)

Notes

  • Only JAVLIS can be used for this vault.

  • Vault logic and collateral system inspired by trusted models like Gains Network but adapted to Javsphere's ecosystem.

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