JuCoin Launches Program Turning Losses Into Computing Power

Trading platform JuCoin has introduced a new feature that can turn trader losses that reach more than 500 USDT into computing power. The new JuCoin feature is called the “Contract Guardian Program is scheduled for a live launch on the platform starting from June 16 2025 at 00:00 UTC+8. Once it is activated, users that incur trading losses that reach a minimum of 500 USDT (USDT) and a maximum of 50,000 USDT will be able automatically receive computing power equal to their losses on a 1:1 ratio. This means that if a user experiences an accumulates trading loss that amounts to 1,500 USDT, then the user will automatically receive 1,500 JU computing power as a subsidized reward.

Ask Aime: JuCoin's "Contract Guardian Program" Live Launch How does the new JuCoin feature, set to launch on June 16, 2025, convert trading losses over 500 USDT into computing power?

”Computing power represents the production capacity within the JU ecosystem, which can generate continuous income instead of a one-time payment,” stated the exchange in its notice. This means that overtime, the accumulated computing power will be able to continuously generate passive rewards in the form of JU tokens. The platform assesses losses on a weekly basis every Monday at 00:00 UTC+8. The system calculates a user’s net realized profit and loss throughout the previous seven-day trading week. It takes into a account all closed positions, with the exception of handling fees and funding fees. However, the exchange noted that this feature is only active during what it deems to be “loss trading cycles.” When users gain profits spanning weeks, balancing out the losses, then they will not receive computing power from previous losses. The system is designed this way to “ensure that successful transactions are fully rewarded.”

In order to be eligible for the protection plan, users must complete the platform’s Know-Your-Customer verification for their JuCoin account. The exchange does not apply a minimum balance or other additional requirements. ”We intentionally keep the barrier to entry to a minimum because we believe that loss protection should be available to all serious traders,” stated the firm. Users who make reservations in advance will share the JU computing power reward pool with a total value of 100,000 USDT. The higher the reservation ranking, the larger the allocation. The reservation system adopts the principle of first come first served basis.

This development also underscores the growing trend of integrating blockchain technology with other industries. By converting losses into computing power, JuCoin is demonstrating the versatility of blockchain and cryptocurrency technologies. This integration can lead to new opportunities for collaboration and innovation, as the computing power can be utilized by various sectors, including finance, healthcare, and technology. The ability to repurpose trading losses into a productive asset is a testament to JuCoin's forward-thinking approach and its dedication to pushing the boundaries of what is possible in the cryptocurrency ecosystem.

In summary, JuCoin's new feature that turns trading losses into computing power is a significant development in the cryptocurrency industry. It provides traders with a unique way to mitigate losses while also offering a valuable resource for various applications. This initiative not only benefits individual traders but also positions JuCoin as a leader in innovation and user empowerment within the cryptocurrency space. As the platform continues to evolve, it is poised to play a pivotal role in shaping the future of blockchain technology and its integration with other industries.