The Jay Network

Built on Cosmos SDK v0.53

Technology Stack

Built on battle-tested infrastructure

The Jay Network leverages the most proven blockchain infrastructure in the Cosmos ecosystem.

⚛️

Cosmos SDK v0.53.6

The latest stable Cosmos SDK with advanced module architecture, providing support for staking, governance, IBC transfers, and custom module development.

🔗

CometBFT v0.38.21

Byzantine Fault Tolerant consensus engine delivering instant finality with ~3 second block times. Tolerates up to 1/3 of validator nodes going offline.

🌐

IBC v10.4.0

Inter-Blockchain Communication protocol enabling trustless cross-chain token transfers and data exchange with any IBC-compatible chain.

Network Architecture

Multi-node mainnet topology

Three validator nodes deployed across independent servers for maximum decentralization and reliability.

Validator

jay-validator-1

152.53.195.5

Producing Blocks

Validator

jay-validator-2

152.53.195.105

Producing Blocks

Validator

jay-validator-3

152.53.194.128

Producing Blocks

Tokenomics

JAY Token

The native staking, governance, and transaction fee token powering The Jay Network.

PropertyValue
Token NameJay Token (JAY)
Base Denominationujay
Decimals6
Coin Type (BIP44)118
Address Prefixyjay
Key Algorithmsecp256k1
Network ConfigValue
Chain IDthejaynetwork
Binaryjaynd
Min Gas Price0.0025 ujay
Low Gas Price0.0025 ujay
Average Gas Price0.025 ujay
High Gas Price0.04 ujay

Documentation

How The Jay Network Works

Consensus, rewards, slashing, and governance — everything you need to know about operating and participating in the network.

Consensus — CometBFT (Tendermint)

The Jay Network uses CometBFT Byzantine Fault Tolerant consensus. Validators take turns proposing blocks, and a block is finalized when 2/3+ of validators sign a pre-commit. Finality is instant — no confirmations needed.

Block Time~5 seconds
FinalityInstant (1 block)
Fault ToleranceUp to 1/3 offline
Max Validators100
Validator KeyEd25519
💰

Staking Rewards

New JAY tokens are minted every block and distributed to validators and their delegators proportional to their stake. Staking secures the network and earns rewards.

Inflation Rate2% – 3% / year
Target Bonded Ratio67%
Community Tax2%
Blocks Per Year6,311,520

ⓘ When the bonded ratio is below 67%, inflation increases (up to 3%) to incentivize staking. When above 67%, inflation decreases (down to 2%).

Validator Commission

Validators charge a commission on delegator rewards as compensation for running infrastructure. Commission parameters are set at validator creation and governed by on-chain limits.

Default Commission5%
Max Commission20%
Max Daily Change1%
Min Commission0%
Delegator Reward = (Stake / Total Bonded) × Block Reward × (1 - Commission)
Validator Reward = Self-Stake Reward + Commission from Delegators
🚫

Slashing & Penalties

Validators that misbehave or go offline are penalized through slashing. This protects the network by ensuring validators remain honest and available.

Downtime Slash1% of stake
Double-Sign Slash5% of stake
Signed Blocks Window100 blocks
Min Uptime Required50%
Jail Duration (Downtime)10 minutes

⚠ Double-signing (equivocation) is the most severe offense. A validator that signs two different blocks at the same height will be slashed 5% and permanently tombstoned.

🏫

Governance

JAY holders can propose and vote on network upgrades, parameter changes, and community spend proposals. Governance is fully on-chain and transparent.

Min Deposit10 JAY
Deposit Period2 days
Voting Period2 days
Quorum33.4%
Pass Threshold50%
Veto Threshold33.4%
🔒

Unbonding & Redelegation

When unstaking, tokens enter an unbonding period during which they earn no rewards and remain slashable. This ensures network stability.

Unbonding Period21 days
Max Unbonding Entries7
RedelegationInstant (once per pair)

ⓘ Redelegation between validators is instant, but you cannot redelegate the same tokens again until the 21-day period completes.

🚀

Running a Validator Node

Anyone can become a validator on The Jay Network. Here's what you need:

Minimum Requirements

CPU2 vCPU
RAM4 GB
Storage40 GB SSD
OSLinux (Ubuntu 22+)
Binaryjaynd

Quick Start

# Initialize node
jaynd init my-node --chain-id thejaynetwork

# Copy genesis file
cp genesis.json ~/.jayn/config/

# Set persistent peers in config.toml
# Start the node
jaynd start

Public Endpoints

API Access

Connect to The Jay Network through our high-availability public RPC and REST API endpoints.

jay-validator-1
RPC http://152.53.195.5:26657
REST http://152.53.195.5:1317
gRPC 152.53.195.5:9090
P2P 152.53.195.5:26656
jay-validator-2
RPC http://152.53.195.105:26657
REST http://152.53.195.105:1317
gRPC 152.53.195.105:9090
P2P 152.53.195.105:26656
jay-validator-3
RPC http://152.53.194.128:26657
REST http://152.53.194.128:1317
gRPC 152.53.194.128:9090
P2P 152.53.194.128:26656

Get Started

Add our Network

Add The Jay Network to your Leap wallet in seconds. Works on both desktop and mobile.

Desktop — Leap Chrome Extension

Open any website → F12 → Console → Paste and run:

JavaScript
window.leap.experimentalSuggestChain({
  chainId: "thejaynetwork",
  chainName: "The Jay Network",
  rpc: "https://jayscan.thejaynetwork.com/rpc",
  rest: "https://jayscan.thejaynetwork.com/api",
  bip44: { coinType: 118 },
  bech32Config: {
    bech32PrefixAccAddr: "yjay",
    bech32PrefixAccPub: "yjaypub",
    bech32PrefixValAddr: "yjayvaloper",
    bech32PrefixValPub: "yjayvaloperpub",
    bech32PrefixConsAddr: "yjayvalcons",
    bech32PrefixConsPub: "yjayvalconspub",
  },
  currencies: [{
    coinDenom: "JAY",
    coinMinimalDenom: "ujay",
    coinDecimals: 6,
    coinImageUrl: "https://raw.githubusercontent.com/bbtccore/thejaynetwork/master/chain-registry/thejaynetwork/logo.png",
  }],
  feeCurrencies: [{
    coinDenom: "JAY",
    coinMinimalDenom: "ujay",
    coinDecimals: 6,
    gasPriceStep: { low: 0.0025, average: 0.025, high: 0.04 },
  }],
  stakeCurrency: {
    coinDenom: "JAY",
    coinMinimalDenom: "ujay",
    coinDecimals: 6,
  },
  walletUrlForStaking: "https://wallet.thejaynetwork.com/staking.php",
  chainSymbolImageUrl: "https://raw.githubusercontent.com/bbtccore/thejaynetwork/master/chain-registry/thejaynetwork/logo.png",
});

Mobile — QR Code

Scan this QR code with Leap mobile app's DApp browser to auto-add The Jay Network:

QR Code

Scan with Leap → DApp Browser

or open link directly →
1
Open Leap Mobile

Tap the compass icon (🧭) to open the DApp Browser

2
Scan QR Code

Tap the scan icon in the browser address bar and scan the QR above

3
Approve

The chain addition popup will appear automatically — tap Approve

Manual Entry

1

Open Settings

In Leap mobile app, go to
Settings → + Add new chain

2

Chain Details

Chain ID: thejaynetwork
Chain Name: The Jay Network
RPC: http://152.53.195.5:26657
REST: http://152.53.195.5:1317

3

Token Config

Prefix: yjay
Denom: ujay
Coin Type: 118
Decimals: 6
Display: JAY