Tokenomics Overview

Jigsaw’s token ecosystem revolves around three key components: $JIG, $sJIG, and jUSD. These tokens are central to the platform’s governance, incentives, and liquidity mechanisms.

$JIG

The liquid, tradable governance token that enables holders to participate in decision-making processes and influence the protocol’s incentive distribution.

$sJIG:

The staked version of $JIG, which unlocks governance rights and rewards. By staking $JIG, users earn $sJIG and can vote on key protocol decisions while earning rewards based on their participation.

$jUSD

Jigsaw’s native overcollateralized stablecoin, designed for liquidity and composability. jUSD can be minted by depositing collateral into the platform, offering fee-free borrowing while keeping collateral active across yield-generating strategies.

Locked $JIG

As the platform matures, Locked $JIG will also be introduced. This feature will allow users to lock their $JIG tokens for a fixed period in exchange for boosted voting power, enhanced rewards, and access to real yield from platform fees. Locked $JIG is a key part of Jigsaw’s roadmap to incentivize long-term alignment and participation.

Jigsaw’s token system is designed to align incentives between users and the protocol, ensuring long-term growth and sustainability.

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Collateral

Jigsaw supports a diverse range of collateral types, each with unique Loan-to-Value (LTV) ratios based on their overall risk profiles. These include:

Majors (80% LTV)	Stablecoins (80-90% LTV)	LST/LRT (70-75% LTV)
BTC, ETH, wETH, wstETH	USDC, USDT, USDe, USDs, rUSD	rswETH, weETH, ezETH

This collateral framework ensures flexibility and risk-adjusted borrowing limits, enabling users to maximize their capital efficiency while maintaining security across the platform.