Point Trading
Trade points before TGE
Jitter lets you take on - or offload - exposure to a project's points before its token generation event. Point exposure is priced continuously inside YT and settled on-chain through the LiquidLink scoreboard.
What is point trading?
Many projects reward early users with points that later convert into a token airdrop at TGE (token generation event). Point trading is the ability to buy or sell that future allocation before it is distributed - go long if you expect the airdrop to be valuable, or lock in value early if you would rather not wait.
How Jitter does it
On Jitter, point exposure rides on YT. While you hold YT you receive the floating yield and the points the underlying position accrues. Those points are recorded on-chain on the LiquidLink scoreboard (liquidlink.io), Jitter's points infrastructure. So buying YT is buying point exposure - and the points you earn are real, native on-chain objects, not an off-chain IOU.
Early price discovery and exit
Because point exposure lives inside YT, the market prices it continuously. The expected value of future points is reflected directly in the YT price, so points get a live, market-driven price long before TGE. And since YT trades on the Jitter AMM, you can exit at any time by selling YT - you are not locked in until settlement.
- Point value is priced into YT continuously, well ahead of TGE.
- Exit early by selling YT on the AMM - no waiting for settlement.
- Points settle on-chain at TGE through the LiquidLink TGE pool.
- No collateral to post - the position itself is the exposure.
Trading vs. earning points
This section is about tradingpoint exposure. For how a position earns points in the first place - the per-leg multipliers - see Points & rewards.