In order to protect the integrity of JNTR’s price and protect against a flood of secondary market supply, Jointer placed restrictions on their pre-minted digital assets and the ongoing company supply.
All pre-minted JNTR, JNTR/ETN, and JNTR/STOCK and ongoing JNTR minted as the management fee are restricted from direct access to the secondary market, Liquidity Reserves, SmartSwap, and Atomic Swap.
All Jointer’s digital assets under this classification are automatically placed into a digital escrow contract. This contract only allows Jointer’s digital assets to be sent to a single address, the Gateway.
The Gateway engages with the secondary market through an API and makes trades based on the calculations of an algorithm which determines market demand. As a result, early investors, founders, providers, and others will receive liquidity without harming Jointer’s digital assets face value.
Once a sell order is completed, the proceeds will be sent back to the escrow to be split pro-rata between the group itself.