What is JacksonLP Protocol?
Last updated
Last updated
The Jackson Liquidity Pool (JacksonLP) is the financial core of Jackson.io, enabling users to provide liquidity and participate in the platform’s value flow by staking assets.
Jackson.io’s platform relies on three core participants:
Liquidity Providers (LPs): Users can stake cryptocurrencies on the platform to earn JacksonLP tokens, sharing in the platform’s revenues.
Game Providers: Over 120 game developers have already partnered with Jackson.io, offering a diverse range of games for players.
Players: Participants can enjoy games and place bets in a fair, transparent environment where every outcome is verifiable.
The platform acts as a matchmaking hub, connecting these three groups while taking a small fee to sustain its operations.
Traditional online gaming and betting platforms are often controlled by a central operator, leading to concerns over transparency and fairness. Players and liquidity providers face challenges in trusting the system due to opaque mechanisms and unverifiable results.
Jackson.io eliminates these issues by leveraging blockchain technology. The platform itself does not act as a "house" or central authority but instead serves as a protocol, connecting players, game providers, and liquidity pools. Smart contracts enforce the rules automatically, minimizing human intervention and increasing trust.
A helpful analogy is Uber: Uber doesn’t own cars but provides a neutral platform for drivers and passengers to interact under shared rules. Similarly, Jackson.io coordinates the interests of game developers, players, and liquidity providers, ensuring fairness and transparency for all participants.
Beyond representing liquidity assets, JacksonLP can also serve as a gaming token, enabling users to participate in various games and activities on the platform. This dual functionality enhances the utility of JacksonLP and fosters greater engagement within the Jackson.io ecosystem.
By integrating JacksonLP into gameplay, the platform promotes asset flexibility and overall liquidity. Future updates will continue to expand the token’s use cases, further strengthening the ecosystem.
You may refer to our detailed guide here: How to Stake from JacksonLP
