What is Jointer's Side Reserve?
The Side Reserve has two responsibilities, to recover the Main Reserve which protects JNTR’s face value, and to provide excess funds to the Main Reserve to increase liquidity depth. Funds are not directly withdrawn from the Side Reserve by investors, rather the Side Reserve communicates directly with the Main Reserve and refills the Main Reserve after redemptions.
The Side Reserve protects JNTR’s face value from decreasing in the Main Reserve by providing digital currency for the redeemed JNTR in the Main Reserve. The Side Reserve increases liquidity depth by pushing surplus Side Reserve digital currency to the Main Reserve in exchange for JNTR.
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How does Jointer's Side Reserve receive funds?
The Side Reserve consistently receives at least 7% of the total Jointer Auction investment.