Asset Onboarding Application Template

A helpful, Markdown-formatted Asset Application Template can be found here.

[Asset Onboarding Application] $asset - AssetName

Author(s): 
Tags: asset-onboarding
Asset Name: 
Asset Code: 
Submission Date: mm-dd-yyyy
Ratification Date: mm-dd-yyyy
Status: 
Forum URL:

Application Profile

  1. What is your motivation for submitting this application?

  2. What is your association to the proposed asset?

  3. What are the key benefits to the Jet Protocol for onboarding the asset?

  4. What are the known limitations of the asset?

Project Profile

  1. Please provide a brief, high-level description of the asset's native ecosystem (project), including the protocol's type (peer-to-peer/ peer-to-liquidity/ etc.).

  2. Who are the founding members? What is their current involvement with the project?

  3. Please indicate the ICO date, initial price and valuation of the token and total capital raised (in USD and crypto terms).

  4. How much of the capital raised via the ICO was converted into FIAT (in terms of FIAT currency and amount of tokens)?

  5. What was the way of issuing and distributing the tokens? Were there pre-ICO investors?

  6. What is the current token distribution (project team vs. investors vs. public)? Has the token distribution changed over time?

  7. Are there any fees generated by the protocol? If yes, please provide details and amounts.

  8. Is the protocol audited? By what firms? Please provide link(s) to the audit documentation.

  9. Is the protocol open source? If yes, please provide links to the repositories.

  10. Other relevant project data or comments:

Asset Profile

  1. Asset name:

  2. Asset type (native/ wrapped):

  3. Please provide a one-sentence description of the asset:

  4. What's the purpose of the asset within its native ecosystem?

  5. Does the asset have any use outside of its native ecosystem (integrated protocols)?

  6. Please provide all Smart Contract addresses. If the project is open source, detail how the Smart Contracts are implemented.

Asset Liquidity

  1. What exchange(s) support the asset?

  2. Does the asset have a pool with meaningful liquidity on either Orca or Saber? What pools exist, and what is the amount of liquidity in each pool?

  3. Please provide 7-day asset trading history (daily aggregated trading volumes for trading pair of asset with USDC).

  4. Which oracles monitor the asset? How many feeds are available?

  5. How often does the asset drop significantly in price? Please provide a link to the price history.

  6. For stablecoins only: Has the asset ever lost the peg? If yes, for what reason?

  7. For algorithmic stablecoins only: Please provide details on the risks associated with the design.

  8. For wrapped assets only: Which bridges are used? Are they custodial or non-custodial? Are they audited?

  9. What amount of asset's liquidity exists in the integrated protocols (if applicable)?

  10. List any parties interested in taking part in liquidations for the proposed asset type.

Key Mechanics

  1. How many active addresses/ users currently hold the asset?

  2. Is the asset supply expected to increase or decrease over time? Is there a token burn mechanism? Is the project able to mint more tokens in the future?

  3. Please explain the staking mechanism (if any).

  4. Please explain the slashing mechanism (if any).

  5. Are there tokens on vesting schedule? If yes, what is that schedule and related vesture limitations?

  6. Are any tokens allocated for specific purposes or issuance schedules (e.g. liquidity mining)?

Legal Profile

  1. Is the project or the asset owned by any incorporated organization? a. Y / N b. Organization Name: c. Jurisdiction:

  2. In which jurisdictions was the token issued?

  3. Was the token issued as part of a regulatory process (e.g. securities offering)?

  4. Was the token issued as part of a fundraising process?

  5. Has the project or the asset obtained any legal opinions on the regulatory standing of the token? If yes, please provide links to the relevant documentation.

  6. Has the project or the asset had any legal interactions? If so, describe and provide documentation.

Links

  • Link to project’s white paper:

  • Link(s) to active communities related to the project:

  • Link(s) to project’s documentation portal/ source code for the system(s) that interact with the proposed asset:

  • Link(s) to audits - both procedural and Smart Contracts:

  • Link(s) to legal opinions:

  • Link(s) to other legal material:

  • Other relevant links:

Relevant Solana Addresses

List all relevant Solana addresses here

Marketing / Campaign Material

If you have additional marketing material, recorded discussions, or collateral onboarding campaign material, link here:

PreviousAsset Onboarding FrameworkNextCollateral Onboarding Domain Evaluation Criteria (CODEC)

Last updated