# About Juiced Source: https://docs.juiced.fi/about/about Learn about Juiced Protocol. The liquidity layer for the RISE ecosystem. ### What is Juiced? Juiced is the **active liquidity layer** for the RISE ecosystem. It is architected to coordinate and incentivize deep, high-quality liquidity on the **RiseX** Central Limit Order Book (CLOB). While traditional DeFi relies on passive, inefficient liquidity pools, Juiced enables a high-performance environment where capital is dynamically managed to ensure tight spreads and institutional-grade execution. It acts as the "Incentive Overlay" for the network, directing capital where it is most effective through automated strategies and decentralized governance. ### The core mission The mission of Juiced is to democratize Market Making. We bridge the gap between sophisticated orderbook trading and retail capital, allowing any user to participate in the growth of the RISE network's liquidity without the need for complex trading infrastructure or manual management. ### What Juiced enables Juiced transforms how liquidity is provisioned and incentivized in the ecosystem, providing specific value to three core groups: **For Liquidity Providers (Retail & Institutional)** * **Automated yield:** Enables users to deposit assets into **Maker Vaults** that automatically execute market-making strategies on the orderbook. * **Capital efficiency:** Maximizes returns by focusing liquidity around the mid-price, earning higher fees and \$JUICE emissions compared to passive AMMs. * **Risk mitigation:** Provides isolated vaults and algorithmic volatility guards to protect inventory from toxic flow and price volatility. **For New & Existing Projects** * **Market bootstrapping:** Enables projects to launch deep, liquid markets from Day 1 through the **Inventory Loan** model. * **Liquidity-as-a-Service:** Projects can "rent" the protocol’s liquidity power by depositing **Bribes**, incentivizing `$veJUICE` holders to direct emissions to their specific pairs. * **Visibility:** Integrated listing through a curated pipeline ensures quality assets receive the spotlight and the capital they need to thrive. **For the RISE Ecosystem** * **CEX-like performance:** By incentivizing tight spreads, Juiced ensures that traders on RiseX experience minimal slippage and superior price discovery. * **Sustainable revenue:** Through the **Exclusive Curator Model**, the protocol captures a share of all trading fees, redistributing "Real Yield" back to the community and stakeholders. # Architecture Source: https://docs.juiced.fi/about/architecture Learn about the architecture of Juiced Protocol. ### The Technology Stack Juiced is a specialized application layer designed to function as the incentive and liquidity coordination hub for the **RISE** ecosystem. The architecture is divided into three distinct layers: 1. **Execution (RISE Chain)** The foundational high-performance layer. With sub-50ms block times, it provides the "CEX-like" speed required for institutional-grade orderbook settlement. 2. **Infrastructure (RiseX CLOB)** The Central Limit Order Book (CLOB) engine. RiseX maintains the single source of truth for all market activity. Juiced does not fragment liquidity - instead, it interacts directly with RiseX to populate and manage these global orderbooks. 3. **Coordination (Juiced Protocol)** The incentive overlay. Juiced tracks address-level performance on the RiseX orderbooks and manages the distribution of rewards. It acts as the "brain" that directs capital where it is most needed. ### The Exclusive Curator Model On RiseX, the creator of a market is designated as its **Curator**, entitling them to a permanent share of the trading fees generated by that pair. Juiced leverages this through an **Exclusive Curator Strategy**. **The Gatekeeper Advantage** In Phase 1, Juiced acts as the sole factory for incentivized markets. For a market to receive protocol support, it must be deployed via the Juiced smart contracts. * **Quality Control:** The Juiced Core Team (The Curator) whitelists assets based on security, volume potential, and oracle reliability. This prevents "rug pulls" and ensures the ecosystem remains professional. * **Protocol-Owned Revenue (POR):** By being the technical creator (Curator) of these markets, Juiced permanently captures the **Curator Fee**. * **Real Yield Redistribution:** Unlike private curators, Juiced collects these fees into the Protocol Treasury and redistributes them to `$veJUICE` stakeholders. This turns the `$JUICE` token into a diversified index of the entire RiseX trading volume. ### Ecosystem Roles & Incentives The Juiced economy aligns four key participants in a mutually beneficial "Flywheel." **A. The Protocol (The Coordinator)** * **Role:** The clearinghouse for incentives. * **Function:** It mints `$JUICE` emissions and applies the **Scoring Algorithm** to ensure rewards are only paid for high-quality, tight-spread liquidity. **B. Maker Vaults (The Supply Side)** * **Role:** Automated Liquidity Providers. * **Problem:** Retail users lack the technical tools to market-make on an orderbook. * **Solution:** Vaults allow users to deposit assets (`USDC`/Tokens) into smart contracts that automatically run grid-trading and rebalancing strategies on RiseX. * **Incentive:** Earns `$JUICE` emissions + Trading Fees, auto-compounded for the depositor. ```mermaid theme={null} graph TD %% Roles User[Suppliers] Market[RiseX Market] Vault[Juiced Vault] Treasury[Juiced Treasury] %% Flow Project User ---> | Provide liquidity | Vault Vault ---> | Rewards | User Vault ---> | Bribes | Treasury Vault ---> | Manage | Market Vault ---> | Auto Compound | Vault Market ---> | Fees | Vault Treasury ---> | Buybacks | User %% Styling style Market fill:#FF4500,stroke:#000 ``` **C. Projects (The Demand Side)** * **Role:** Liquidity Seekers. * **Function:** New protocols or token issuers (e.g., a new L1 or DeFi project) that require deep, stable orderbooks for their tokens. * **Action:** They deposit **Bribes** into the Juiced Marketplace to convince `$veJUICE` holders to direct emissions toward their specific market. **D. veJUICE Holders (The Governors)** * **Role:** Protocol Owners & Directors. * **Requirement:** Users lock `$JUICE` tokens for a fixed period (up to 4 years) to receive `$veJUICE`. * **Powers:** * **Yield Capture:** Claiming a pro-rata share of all **Curator Fees** and **Bribes** flowing through the protocol. ```mermaid theme={null} graph TD %% Roles Team[Juiced Curator] Project[Project Team] User[Governors] Market[RiseX Market] Bribe[Bribe Marketplace] Vault[Juiced Vault] %% Flow Project Team --> |Whitelist & Deploy| Vault Project ---> | Request & Promote| Team Project ---> | Incentivize| Bribe Bribe ---> | Bribes | User User ---> | Emission| Vault Vault ---> | Create & Manage | Market %% Styling style Team fill:#FF4500,stroke:#000 style Market fill:#FF4500,stroke:#000 ``` # Governance & Listing Process Source: https://docs.juiced.fi/about/governance-listing-process Learn about the governance and listing process of Juiced Protocol. *Juiced operates on a hybrid governance model designed for speed and security. The Core Team acts as the **Protocol Curator** (managing risk and asset selection), while `veJUICE` holders act as **Liquidity Allocators** (determining incentive distribution).* ### The listing pipeline The protocol utilizes a streamlined listing process to rapidly integrate high-quality assets. This ensures that only secure, oracle-compatible tokens are eligible for Juiced Vaults. **Step 1: Asset Selection & Due Diligence** The Juiced Core Team identifies potential assets for listing based on market demand, partnership opportunities, or inbound requests. Every asset undergoes a strict internal review process covering: * **Security Verification:** Review of token contract audits and permissions. * **Oracle Compatibility:** Confirmation of a reliable, high-frequency price feed required by the Vault Indexer. * **Market Viability:** Assessment of organic volume potential on the RiseX orderbook. **Step 2: Technical Deployment** Upon approval, the Core Team executes the on-chain setup: * **Vault Initialization:** Deployment of the specific Maker Vault contract with parameters tuned for the asset’s volatility (Spread, Tick Size, Rebalance Threshold). * **Gauge Integration:** The new Vault is added to the **Gauge Controller**, making it eligible to receive votes and emissions. **Step 3: Market Activation** Once deployed, the Vault is technically live on the interface. At this stage, it has **0 TVL** and receives **0 Emissions**. It enters the "Bootstrapping Phase," waiting for governance support to attract liquidity. ### Liquidity bootstrapping While the Team decides *which* markets exist, `$veJUICE` holders determine *how deep* the liquidity becomes. This creates a competitive marketplace for emissions. 1. **Incentivization (Bribes):** External projects or community members deposit incentives (Bribes) into the Bribe Marketplace linked to the new Vault to attract voter support. 2. **Gauge Voting:** `$veJUICE` holders cast their votes for the new Gauge during the weekly Epoch. They are naturally incentivized to vote for pools offering the highest value (Fees + Bribes). 3. **Emission Direction:** Based on the voting weight, the protocol directs a portion of the weekly `$JUICE` emission to the new Vault. 4. **Liquidity Injection:** The high APR (derived from Emissions + Bribes) attracts Liquidity Providers. The Vault fills with capital and immediately begins quoting orders on RiseX. # The Liquidity Engine Source: https://docs.juiced.fi/about/liquidity-engine Learn about the liquidity engine of Juiced Protocol. The **Liquidity Engine** is the core technical infrastructure of Juiced. It manages the transition from passive capital to active, competitive market-making. By leveraging the low-latency environment of **RiseX**, the engine ensures that liquidity is not just present, but "high-quality" -characterized by tight spreads and deep order books. ### Dual-Vault architecture Juiced utilizes two distinct Vault models to accommodate different asset lifecycles. This ensures that the protocol can support both high-volume "Blue Chips" and "New Market" launches. **Model A: The Standard Vault (Dual-Asset)** * **Target Assets:** Deeply liquid assets available via bridges (e.g., $ETH, $SOL, $BTC, $MONAD). * **Deposit Requirement:** LPs provide a **50/50 value ratio** of the Quote Asset (USDC) and the Base Asset. * **Execution:** The Vault immediately deploys both Bids and Asks on the orderbook. **Model B: The Bootstrapping Vault (Inventory Loan)** * **Target Assets:** New token launches or ecosystem projects with limited circulating supply on RiseX. * **Asymmetric Injection:** 1. **Supply Side (The Project):** The issuing team "lends" base asset inventory to the Vault to populate the **Ask Side** (Sells). 2. **Demand Side (The Retail):** Users deposit **USDC only** to populate the **Bid Side** (Buys). * **Mechanism:** The Vault manages these as a single strategy. As trading occurs, the inventory naturally rebalances. This allows retail to farm yields with stablecoins while the project ensures their token has an immediate, liquid market. ### Market making logic Juiced Vaults function as **On-Chain Market Makers**. Unlike AMMs that rely on a static formula `(x * y = k)`, Juiced Vaults use active logic to manage orders: 1. **Grid Strategy:** The Vault places multiple limit orders at varying price ticks around the mid-price. 2. **Inventory Skew:** If the Vault holds more USDC than Tokens, it automatically adjusts its quoting to be more aggressive on the Buy side to rebalance its holdings. 3. **HFT Precision:** Leveraging RISE’s sub-50ms block times, the Vaults update their quotes frequently, tracking external CEX prices to remain competitive. ### Liquidity scoring algorithm To ensure emissions are not wasted on "lazy" capital, Juiced implements a proprietary scoring algorithm. Rewards are distributed based on the **Execution Quality** provided. **The Formula** Every order is snapshotted and scored based on three variables: ```jsx theme={null} S = Size x W(d) x U ``` Where: * **Size (S):** The USD value of the order. * **Spread Weight (W(d)):** Rewards decrease exponentially as the order’s distance from the mid-price increases. * *Tight Spread (e.g., \<0.1%):* **1.0x multiplier** * *Medium Spread (e.g., 1.0%):* **0.1x multiplier** * *Out of Range (e.g., >2.0%):* **0.0x multiplier** * **Uptime (U):** A multiplier that increases rewards for LPs who keep their orders active during periods of high volatility. ### Settlement & distribution Juiced uses a hybrid Off-chain/On-chain settlement system to ensure scalability and cost-efficiency. 1. **Indexing:** The **Scoring Indexer** tracks every order on the RiseX orderbook in real-time. 2. **Calculation:** At the end of each Epoch (1 week), the Indexer calculates the final distribution based on cumulative scores. 3. **Publication:** A **Merkle Root** (a cryptographic proof of the entire payroll) is published on-chain. 4. **Claiming:** Users interact with the **Merkle Distributor** contract to claim their aggregated rewards from multiple Vaults in a single transaction. ### Risk management The engine includes built-in safeguards to protect Liquidity Providers from "Toxic Flow" and "Loss Versus Rebalancing" (LVR). * **Volatility Guards:** In times of extreme price action, Vaults automatically widen their spreads or temporarily halt quoting to prevent being "sniped" by arbitrageurs. * **Asset Isolation:** Every market is a siloed smart contract. A "rug pull" or price collapse in a specific token cannot drain the USDC or assets held in other Vaults. # Team Source: https://docs.juiced.fi/about/team Learn about the team behind Juiced Protocol. **JUICED** is a research and development team dedicated to advancing the RiseX ecosystem. **JUICED's** mission is to build foundational primitives that drive the growth and utility of RiseX. Delivered with cooperation from [23stud.io](https://23stud.io). # Tokenomics Source: https://docs.juiced.fi/about/tokenomics Learn about the tokenomics of Juiced Protocol. The Juiced token economy is designed to create a self-sustaining cycle of liquidity and governance. It moves beyond simple "farming" by aligning the long-term interests of Liquidity Providers, Governance Participants, and the Protocol itself. The system utilizes a modified **veToken (Vote-Escrowed)** model, transforming the native token from a speculative asset into a claim on protocol cash flow and governance power, with a strict "use it or lose it" policy for voters. ### JUICE token utility **JUICE** is the native ERC-20 utility token of the protocol. It serves as the primary currency for incentivizing liquidity on RiseX and coordinating the decentralized governance of the platform. * **Ticker:** `$JUICE` * **Primary Function (Incentive):** It is emitted as a reward to Liquidity Providers (Vaults & Market Makers) based on their **Liquidity Score**. * **Secondary Function (Governance):** It is the underlying asset required to participate in the DAO via locking. * **Tertiary Function (Bribes):** It acts as a base currency for the Bribe Marketplace (though other tokens are accepted, JUICE is the default unit of account). ### Emission schedule: The tail emission model To ensure the protocol can sustainably pay for liquidity decades into the future, Juiced rejects a "Hard Cap" model (which inevitably leads to zero rewards and liquidity flight). Instead, it adopts a **Disinflationary Model with Tail Emissions** (similar to Curve Finance or Monero). **Phase 1: Bootstrap (High Inflation)** * **Duration:** Years 1-2. * **Goal:** Aggressive market capture and token distribution. * **Mechanism:** In the initial phase, emissions are high to attract early adopters, bootstrap deep liquidity on key RiseX pairs, and distribute governance power to a wide set of active users. **Phase 2: The Decay** * **Duration:** Ongoing transition. * **Goal:** Scarcity. * **Mechanism:** The rate of new JUICE issuance decreases periodically (e.g., weekly reduction by factor $x$). This creates a "halving-like" pressure where obtaining JUICE becomes progressively harder, incentivizing early participation. **Phase 3: Tail Emission (Perpetual Floor)** * **Duration:** Perpetual (Year 4+). * **Goal:** Security and Maintenance. * **Mechanism:** Inflation never drops to absolute zero. It stabilizes at a low, fixed annual percentage (e.g., **1-2% yearly inflation**). * **Why?** This ensures there are *always* new JUICE tokens available to reward Market Makers. Without this "Tail Emission," the orderbooks would eventually dry up as incentives vanished. ### veJUICE (Governance & Yield) The core value accrual mechanism is **veJUICE** (vote-escrowed JUICE). Users cannot simply "buy" veJUICE; they must earn it by locking JUICE tokens in the protocol. **Locking Mechanics** * **Commitment:** Users lock their JUICE for a period ranging from **1 week to 4 years**. * **Time-Weighted Power:** The longer the lock, the more veJUICE received. * 1 JUICE locked for 4 years = 1.0 veJUICE * 1 JUICE locked for 1 year = 0.25 veJUICE * **Non-Transferable:** veJUICE is tied to the user's address and cannot be sold or transferred. To exit, the user must wait for the lock to expire. **Active Governance Rebase (Anti-Dilution)** To combat voter apathy and ensure the protocol is governed by active participants, Juiced introduces an **Active Governance Rebase** mechanism (Vote-to-Maintain). * **The Problem:** As the protocol emits new JUICE (inflation) to pay LPs, the percentage ownership of existing veJUICE holders is naturally diluted over time. * **The Solution:** In every epoch, a portion of the new issuance is reserved for a **Rebase Pool**. * **The Rule:** * **If you Vote:** You receive a "Rebase" (extra veJUICE) that tops up your balance to offset inflation. You effectively maintain your % share of the protocol. * **If you Do Not Vote:** You receive **zero rebase**. Your ownership stake (and claim on future fees) is permanently diluted by the new emissions. > Result: Passive whales slowly lose their influence and fee share to active community members. **Rights of veJUICE Holders** 1. **Gauge Voting:** Deciding which markets receive the weekly JUICE emissions. 2. **Real Yield:** Receiving a pro-rata share of the protocol's revenue (Trading Fees + Bribes). ### Revenue waterfall Unlike governance tokens that only offer "voting rights," veJUICE is a cash-flow generating asset. The protocol captures value from two primary sources and redirects it to lockers. **Source A: Curator Fees** Because Juiced acts as the **Exclusive Curator** (Creator) of markets on RiseX (Phase 1), the protocol treasury automatically receives the "Curator Fee" cut from every trade executed on these pairs. **Source B: Protocol Taxes** Juiced charges a small protocol tax on: * **Bribes:** A tax taken from the Bribe Marketplace before distribution. **The Distribution** 1. **Protocol Treasury:** A small portion is retained for operational costs, audits, and strategic reserves. 2. **veJUICE Stakers:** The majority of revenue is streamed to **active** veJUICE holders in the form of stablecoins (USDC) or the base asset (RISE). This creates a "Real Yield" dividend that is independent of the JUICE token price. ### Type of users **The Passive LP** *Passive user who deposits assets into Maker Vaults to earn organic trading fees and base protocol incentives, without engaging in governance.* **Power User** *An active user who provides liquidity and simultaneously locks `JUICE` tokens to direct higher emission rates to their specific Vault, maximizing their overall APY.* **Governance Participant** *A user who locks `JUICE` tokens to influence protocol emissions and earns yield exclusively from external bribes (incentives), without exposure to market-making risks.* # Claim Rewards Source: https://docs.juiced.fi/guides/claim-rewards Learn how to claim your rewards from Juiced Protocol. Juiced aggregates all your earnings, including Trading Fees, `$JUICE` Emissions, and Bribes - into a single dashboard. 1. **Check rewards dashboard** Navigate to the Rewards page. Here you can see a breakdown of your pending earnings from all vaults and voting activities. 2. **Review *Merkle Proof*** Our *Scoring Engine* calculates rewards off-chain for maximum efficiency. Every XX, a new *Reward Root* is published. Your wallet will automatically generate the required proof. 3. **Claim All** Click "Claim All Rewards". In one transaction, all your accumulated earnings across the entire Juiced ecosystem will be transferred to your wallet. # Deposit Source: https://docs.juiced.fi/guides/deposit Learn how to deposit into a Juiced Maker Vault. With **Juiced**, providing liquidity to an orderbook is as simple as a single transaction. Our Maker Vaults handle the complexity of market making for you. ### New Asset (Single-Sided Deposit) Use this method for new listings where you only hold USDC and want to earn high APR from bootstrapping rewards. 1. **Select new listing vault** Navigate to the Vaults page. Look for vaults labeled "Bootstrapping". 2. **Input USDC amount** In the deposit tab, you will see that only USDC is required. Enter the amount you wish to deploy. The vault will use your USDC to place "Buy" orders on the RiseX orderbook. 3. **Approve & confirm** Approve the USDC spending limit in your wallet and click "Deposit". Your funds are now actively providing buy-side support for the new asset. ### Blue Chip Asset (Double-Sided Deposit) Use this method for established assets (e.g., ETH, SOL, MON) to ensure zero-slippage entry and immediate two-sided market making. 1. **Select standard vault** Choose a vault for an established pair. These vaults require a 50/50 value ratio of both the base asset (e.g., ETH) and quote asset (USDC). 2. **Balance your assets** Ensure you have equal USD values of both tokens in your wallet. Enter the amount for one side. The UI will automatically calculate the required amount for the other. 3. **Confirm deposit** Approve both assets and confirm the transaction. The vault will immediately place both Bids and Asks on the RiseX orderbook. # Lock Tokens Source: https://docs.juiced.fi/guides/lock Learn how to lock your JUICE tokens to veJUICE. Locking your \$JUICE tokens allows you to participate in protocol governance, earn "Real Yield" from curator fees, and claim bribes. 1. **Enter the locker** Navigate to the Lock section. Enter the amount of \$JUICE tokens you wish to lock. 2. **Select duration** Choose your lock duration (from 1 week up to 4 years). *Note: Longer lock times result in more veJUICE and higher voting power.* 3. **Lock and stake** Confirm the transaction. Your `$JUICE` is now locked, and your `$veJUICE` balance will represent your voting power and share of protocol revenue. # Vote Source: https://docs.juiced.fi/guides/vote Learn how to vote for gauges on Juiced Protocol. Use your `$veJUICE` to decide which vaults receive the weekly `$JUICE` emissions. This is how you "boost" the yield of your favorite pools or earn bribes. 1. **Browse gauges** Go to the Voting dashboard. You will see a list of all active Maker Vaults and the current bribes offered for each. 2. **Allocate voting power** Distribute your voting power (100%) across one or more vaults. You can adjust the sliders to match your strategy. 3. **Submit Votes** Click "Submit Votes". Your preferences are now recorded for the upcoming Epoch. Emissions will be directed to these vaults starting every XX at 00:00 UTC. # Withdraw Source: https://docs.juiced.fi/guides/withdraw Learn how to withdraw from a Juiced Maker Vault. You can exit your liquidity position at any time. When you withdraw, you receive your share of the vault's current inventory. 1. **Select your vault** Go to the Dashboard and select the vault you wish to exit, and click “Withdraw”. 2. **Choose withdrawal amount** You can choose to withdraw a specific percentage (25%, 50%, 100%) of your LP position. 3. **Receive assets** Click "Withdraw". Your LP tokens will be burned, and you will receive your share of the vault's assets (USDC and/or Tokens) plus accumulated trading fees directly to your wallet. # Privacy Policy Source: https://docs.juiced.fi/legal/privacy-policy TO BE COMPLETED # Terms of Service Source: https://docs.juiced.fi/legal/terms-of-service TO BE COMPLETED