Junø
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  • Juno
    • Intro
    • Home of CosmWasm
    • Contributors - Core Software
    • Brand Identity
    • Security Disclosures
    • Economic Overview
      • Disclaimer
      • Native Asset (JUNO)
      • Incentive structure
      • Supply API - Data
  • Developer Guides
    • CosmWasm Contracts
      • Compile a Contract
      • Deploy a Contract
      • Guide: How to Upload a Smart Contract on the Juno Chain
      • Use Cw-orchestrator to speed-up your development
      • Query A Contract
      • Send Tokens to a Contract
    • Miscellaneous
      • Conversions
      • Multi Message Transaction
      • Get & Decode Transactions
      • Get Token Prices
      • Get Account Transactions
      • IBC Transfer
      • State Export / Airdrop
    • Juno Modules
      • FeeShare
      • TokenFactory
    • API Endpoints
      • Cosmos
        • Tx
          • V1beta1
            • Simulate
            • Txs
              • Block
        • Params
          • V1beta1
            • Params
        • Bank
          • V1beta1
            • Balances
              • By denom
            • Denoms metadata
            • Params
            • Spendable balances
            • Supply
        • Upgrade
          • V1beta1
            • Applied plan
            • Current plan
            • Module versions
            • Upgraded consensus state
        • Auth
          • V1beta1
            • Accounts
            • Module accounts
            • Params
        • Staking
          • V1beta1
            • Delegations
            • Historical info
            • Params
            • Pool
            • Validators
              • Delegations
                • Unbonding delegation
              • Unbonding delegations
            • Delegators
              • Redelegations
              • Unbonding delegations
              • Validators
        • Evidence
          • V1beta1
            • Evidence
        • Mint
          • V1beta1
            • Annual provisions
            • Inflation
            • Params
        • Feegrant
          • V1beta1
            • Allowance
            • Allowances
            • Issued
        • Gov
          • V1beta1
            • Params
            • Proposals
              • Deposits
              • Tally
              • Votes
        • Distribution
          • V1beta1
            • Community pool
            • Params
            • Delegators
              • Rewards
              • Validators
              • Withdraw address
            • Validators
              • Commission
              • Outstanding rewards
              • Slashes
        • Slashing
          • V1beta1
            • Params
            • Signing infos
        • Authz
          • V1beta1
            • Grants
              • Grantee
              • Granter
        • Base
          • Tendermint
            • V1beta1
              • Blocks
                • Latest
              • Node info
              • Syncing
              • Validatorsets
                • Latest
          • Node
            • V1beta1
              • Config
      • Cosmwasm
        • Wasm
          • V1
            • Code
              • Contracts
            • Contract
              • History
              • Raw
              • Smart
              • State
            • Codes
              • Params
              • Pinned
            • Contracts
              • Creator
      • Juno
        • Feeshare
          • V1
            • Fee shares
            • Params
        • Tokenfactory
          • V1beta1
            • Denoms from creator
            • Params
            • Denoms
              • Authority metadata
      • Ibc
        • Apps
          • Router
            • V1
              • Params
      • API Specification
    • Local Interchain
      • Local Interchain Rust Example
    • Junod Local Dev Setup
    • Integrate Leap wallet
    • SubQuery Indexer
  • Governance
    • Before submitting a proposal
    • Submitting a Proposal (CLI)
      • Formatting Proposal Markdown
  • Command-Line Interface (CLI)
    • Introduction
    • Useful CLI Commands
    • Module Reference
      • bank
      • distribution
      • gov
      • keys
      • params
      • slashing
      • staking
      • status
      • tendermint
      • upgrade
      • wasm
  • Nodes & Validators
    • Junod Installation and setup
    • Setting up Cosmovisor
    • Mainnet Setup and Tooling
    • Joining Mainnet
      • Sync from Snapshot
      • Sync with state-sync
      • Mainnet Upgrades
    • Joining Testnet
    • Relaying
    • Juno Delegations Program
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  1. Juno
  2. Economic Overview

Disclaimer

Juno is the native utility asset of the decentralized Juno Network.

The asset has the following properties:

  1. Unlocks access to on-chain governance

  2. Transport fuel for all processes on the network ie. gas to cover tx fees.

  3. Medium used to deploy smart contracts

  4. Key to securing the proof of stake network

All Juno that exist today entered circulation via the decentralized network launch on October 1st, 2021. There has never been a seed, private or public sale. All circulating Juno were given away for free by the network itself at genesis (genesis block), to ATOM stakers on a 1:1 basis (Stargate Snapshot).

No promises of monetary returns from the distribution of Juno were ever made by anyone in the Juno ecosystem.

No centralized exchange listing was ever paid for by anyone in the ecosystem nor does any liquidity come from paid market makers. Instead all liquidity on decentralized exchanges is supplied by thousands of community members.

The asset has never been advertised, publicized nor was anyone ever encouraged to purchase or sell the native asset by the independent ecosystem developers.

As a decentralized network, Juno is controlled by 250000+ unique addresses ie. delegators that decide the direction of the blockchain via on-chain governance, and 150 validators that run nodes to secure the network (As of July 2022).

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Last updated 1 year ago

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