Everything about JackCo answered

JackCo is a no-loss DeFi lottery (prize savings protocol) on Base mainnet. You deposit USDC stablecoins, the protocol automatically earns DeFi yield across Aave v3, Morpho Blue, Sky/MakerDAO, and Pendle PT strategies, and every 7 days all accumulated yield is pooled and distributed as prizes to randomly selected winners via Chainlink VRF. Your original deposit (principal) is 100% safe — you can never lose it.

A no-loss lottery (also called prize-linked savings or prize savings account) is a system where only interest/yield — not your principal — is used as prize money. Instead of buying a lottery ticket you could lose, you deposit money that earns interest. That interest becomes the prize pool. Win or lose, you always get your full deposit back. JackCo is the DeFi/crypto version of this concept.

Yes, your principal is 100% safe. Smart contracts mathematically enforce that only yield (interest) can be used for prizes — the JackCo team cannot access or move user deposits. The only risks are standard DeFi smart contract risks (bugs in integrated protocols like Aave or Morpho). All integrated protocols are blue-chip, heavily audited platforms with billions in TVL.

JackCo runs on Base mainnet (Chain ID 8453). Base is an Ethereum Layer 2 blockchain built by Coinbase, offering very low gas fees and fast transactions. The CLGO boost token and referral rewards are on Ethereum mainnet (Chain ID 1).

There is no enforced minimum for the lottery. You can deposit any amount of USDC. However, to activate the referral program (earn CLGO rewards), you need to maintain a deposit of at least $25 USDC for 7 consecutive days.

Yes. You can withdraw your full principal at any time, 24/7, without penalty. If you withdraw mid-week, your TWAB (Time-Weighted Average Balance) is calculated proportionally for the days you were deposited. You keep all yield earned up to your withdrawal point.

JackCo automatically allocates your USDC across multiple blue-chip DeFi yield strategies: Aave v3 (lending, 4-6% APY), Morpho Blue (optimized lending vaults, 5-8% APY), Sky/MakerDAO sUSDS (DSR savings, 4-5% APY), and Pendle PT (fixed-yield principal tokens, 6-10% APY). The StrategyManager automatically rebalances for optimal risk-adjusted returns.

The blended APY from yield strategies typically ranges from 4-10%, depending on market conditions and strategy allocation. This yield is pooled and distributed as weekly prizes. With $10M TVL at 6% APY, that's approximately $11,540/week in prizes.

JackCo integrates with: Aave v3 (battle-tested lending, instant liquidity), Morpho Blue (peer-to-peer optimized vaults, ERC-4626 standard), Sky Protocol (formerly MakerDAO, sUSDS savings), and Pendle Finance (fixed-rate PT tokens with auto-rollover). EigenLayer restaking is planned.

The yield you generate is used for prizes — someone wins it. That's the "lottery" aspect. Your PRINCIPAL (the USDC you deposited) is never at risk. Think of it this way: your money earns interest as usual, and that interest participates in a weekly prize draw instead of being paid directly to you.

With standalone Aave: you earn predictable 4-6% APY paid to you directly. With JackCo: same Aave yield (plus other strategies), BUT you get a chance to win a much larger lump-sum prize. The expected value is similar, but JackCo adds lottery upside. You also benefit from multi-strategy diversification versus single-protocol exposure.

Yes. No single strategy can exceed 40% of total TVL (concentration limit). A circuit breaker automatically pauses the vault if TVL drops more than 20% in 24 hours. All integrated protocols (Aave, Morpho, Sky) have undergone multiple third-party audits.

Winners are selected using Chainlink VRF (Verifiable Random Function), a cryptographically secure source of on-chain randomness. The selection is provably fair — the outcome is determined by a random number generated off-chain and verified on-chain. No one, including the JackCo team, can predict or influence the outcome.

Prize draws are held every 7 days. The draw cycle is fixed and enforced by the DrawBeacon smart contract on Base mainnet.

TWAB (Time-Weighted Average Balance) means your win probability is based on your average deposit balance over time, not just your current balance. If you deposit $1,000 USDC and hold it for the full 7-day draw period, your effective weight is 1,000 USDC. If you only held it for 3.5 days, your weight is approximately 500 USDC. This rewards long-term depositors.

Your win probability = (your TWAB × CLGO boost multiplier) ÷ total TWAB of all depositors × number of winners. Example: if total TWAB is $1,000,000 and you have $1,000 TWAB with a 1.25× CLGO boost, your effective weight is $1,250 and your win probability per winner slot is 0.125%.

Prize size depends on total TVL and blended APY. With $1M TVL at 6% APY: ~$1,154/week. With $10M TVL: ~$11,540/week. With $100M TVL: ~$115,385/week. Prizes grow proportionally with TVL. Early participants benefit from fewer competitors.

You can withdraw at any time. Your TWAB is calculated proportionally up to the moment of withdrawal. You keep all yield generated up to your withdrawal point. You forfeit eligibility for the current week's draw after withdrawal.

Prizes can be claimed within 90 days of the draw. A claim button appears on the Prizes page. Unclaimed prizes after 90 days roll over to the next prize pool.

CLGO is JackCo's ecosystem token deployed on Ethereum mainnet (0xca67106449c18eb6b45d2a725ef9c199016c43dc). It has two uses: (1) Holding CLGO multiplies your lottery win probability on Base, and (2) You earn CLGO by referring new depositors. CLGO is also listed on MEXC exchange.

Your 30-day average CLGO balance on Ethereum mainnet determines your boost tier. The tiers are: 0 CLGO = 1.0× (baseline), ≥1,000 CLGO = 1.1×, ≥10,000 CLGO = 1.25×, ≥100,000 CLGO = 1.5×, ≥1,000,000 CLGO = 2.0× (double win probability). The oracle reads your Ethereum balance weekly via cross-chain oracle.

Earn CLGO by referring new depositors to JackCo using your unique referral link. When they deposit and maintain ≥$25 USDC for 7 days, you earn CLGO proportional to their deposit activity. The referral tree is infinite-depth with 70% decay per level — so you also earn a portion from your referrals' referrals.

Visit jackco.net/en/claim, connect your wallet, switch to Ethereum mainnet, and click Claim. CLGO rewards are distributed via weekly Merkle drop. Gas costs approximately $5-15 on Ethereum L1 per claim.

Yes. Pioneer Bonus (first 1,000 referrers get extra CLGO), Width Bonus (milestones at 5/20/100 direct referrals), Streak Bonus (4+ consecutive weeks of active referrals), and Verified Bonus (verified account). These stack with your base referral earnings.

JackCo's smart contracts are open source and have undergone security audits. All integrated protocols — Aave v3, Morpho Blue, Sky (MakerDAO), and Pendle — are themselves extensively audited and have billions of dollars in TVL. An Insurance Reserve contract holds a portion of protocol fees as a security buffer.

JackCo is governed by a DAO. Parameter changes (strategy allocations, fee adjustments, etc.) require on-chain voting through OpenZeppelin Governor with a mandatory 48-hour Timelock. The JackCo team holds no special admin keys over user funds. Smart contracts enforce that only yield can be used for prizes.

The Insurance Reserve (0x84ee99FA93Cf24FaC059287f6A7C2Cb48269BaBB on Base) accumulates a portion of protocol fees. It acts as a buffer for unexpected events such as minor smart contract exploits in integrated protocols. It cannot access user principal.

The main risks are: (1) Bugs in JackCo's own smart contracts, (2) Bugs in integrated protocols (Aave, Morpho, etc.). Risk is mitigated by the 40% max allocation cap per strategy, the circuit breaker (pauses on >20% TVL drop in 24h), and the Insurance Reserve. Principal is never directly at risk from prize mechanics.

Yes. All smart contracts are publicly available on GitHub. The frontend and indexer are also open source. Contract code is verified on Basescan.

All EVM-compatible wallets: MetaMask, Coinbase Wallet, Rainbow, Trust Wallet, and any WalletConnect-compatible app. No custodial account needed. Use MetaMask Mobile or Coinbase Wallet browser on iOS/Android for mobile.

JackCo uses Account Abstraction (ERC-4337) with Pimlico as the bundler. The protocol sponsors gas fees on your behalf through a paymaster, so users pay zero gas for deposits and withdrawals on Base.

Yes. The vault, yield strategies, and prize draws all run on Base mainnet (Chain ID 8453). The deposit page has a one-click network switch button. For CLGO boost and referral rewards, you need Ethereum mainnet (Chain ID 1) only when claiming CLGO.

Protocol fee: 12% on yield only — never on principal. Gas fees for deposits and withdrawals: zero (sponsored by JackCo via ERC-4337 Account Abstraction). The yield fee funds the Insurance Reserve and protocol development.

JackCo is a permissionless DeFi protocol accessible to anyone with an EVM wallet. However, users from certain restricted jurisdictions may be blocked at the UI level for legal compliance. The smart contracts themselves are accessible to anyone on the Base blockchain.

Traditional savings: 0.5–2% APY, no prize upside, FDIC insured. JackCo: 4–10% blended DeFi APY + weekly prize chances, principal not FDIC insured but protected by smart contracts. JackCo offers much higher yield potential and lottery excitement, but carries DeFi smart contract risk.

Both are no-loss lottery protocols. JackCo differentiates with: (1) Gas-free deposits via Account Abstraction (PoolTogether requires paying gas), (2) CLGO boost multiplier up to 2× win probability, (3) Cross-chain referral rewards in CLGO, (4) Base-native with lower gas costs, (5) Multi-strategy yield optimization across Aave, Morpho, Sky, and Pendle.

Traditional lottery: you lose your ticket cost permanently if you don't win. JackCo: you get 100% of your "ticket" (deposit) back regardless of outcome. The lottery "ticket price" is effectively just the yield you could have earned from a savings account.

ETH staking / liquid staking earns predictable APY (~3-5%) paid continuously. JackCo uses USDC (not ETH), earns stablecoin yield, and pools that yield for weekly prize draws. JackCo offers lottery upside that staking doesn't have. Risk profile is different: staking has ETH price exposure, JackCo uses stablecoins.

Traditional yield farming: you provide liquidity, earn tokens, but face impermanent loss and token inflation risk. JackCo: you deposit USDC only, no impermanent loss risk, no complex LP positions. Yield comes from established lending protocols (Aave, Morpho), not token emissions.

JackCo is governed by a DAO using OpenZeppelin Governor with a 48-hour Timelock. Any parameter change (strategy allocations, fee rates, new integrations) requires on-chain voting. The JackCo team has no unilateral control over protocol parameters.

Yes. Governance participation is open to CLGO token holders. Proposals can be submitted and voted on through the Governance page at jackco.net/en/governance.

DAO governance can modify: strategy allocation weights, protocol fee percentage, new yield strategy integrations, prize distribution parameters, and emergency pause settings. Changes require successful on-chain vote plus 48-hour timelock delay before execution.