Crypto
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6 mins read
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September 22, 2022
Introducing Juno Points
Juno provides the account for crypto natives to earn, invest, and cash. Our aim is to build an easy-to-use, trusted, and compliant gateway to crypto and web3. We are now entering the next phase of building a banking platform from the ground up with web3 at its core.
And here’s the more exciting news –
we are launching Juno Points
,, as part of a loyalty program distributed only to verified account holders.
Points are opaque and broken
The consumer banking experience today is fundamentally broken and doesn’t serve the interests of customers. The majority of banks have misleading loyalty programs that are focused primarily on making more money for the institution instead of rewarding customers.
Bank-led closed loyalty programs have misguided customers with opaque rewards that don’t convert into true perks and are devalued at will. To put it simply, we think that’s a bad deal and isn’t fair to the customer. Juno’s loyalty program will be community-first, giving true power back where it belongs — with the customer.
Community First
Juno’s loyalty program will distribute Juno Points to users as rewards for certain activities on Juno.
1. Juno Points will be distributed for free to verified account holders when they engage in certain activities on Juno’s platform.
2. Juno will not facilitate secondary trading of the Juno Points or take any other actions to list or market-make secondary trading.
Work to Earn
We value your paycheck and receiving your paycheck in your Juno account is an important way to showcase your long-term loyalty to the platform. Every time you get paid, you will be rewarded with Juno Points
Example: Once you set up $1000 of direct deposit, you will be rewarded with Juno points, every time you receive this direct deposit till it is disconnected. To encourage more members to get paid in crypto, $1000 of direct deposit in crypto will earn Juno points.
Spend to Earn
Wherever you go, take us along with you. Every time you choose to spend with a Juno card, you will be rewarded with Juno points for this loyalty.
Introducing Juno Store
Juno store opens up a variety of possibilities for rewarding our members. Juno points will be used to complement a plethora of in-app activities and also enable one to enjoy unique lifestyle experiences via the Juno Store.
Quests
Members will be rewarded for completing certain tasks on and off the platform. This will help members discover products and services available on Juno and in the broader crypto ecosystem.
1. Create and fund your Juno account or Wallet
2. Refer your friends or family to create a Juno account
Boosts
We will be introducing boosts that let users supercharge their Juno Accounts. The early version of Boosts will launch by Oct 15, 2022.
1. Boost interest bonus on checking account
2. Boost cashback limits for spending with the Juno card
Partner Network
Juno’s open loyalty program will make it easy for brand partners to participate and further benefit our members by providing them access to exclusive benefits.
1. Shop for exclusive products and experiences with partner brands
2. Unlock exclusive access to giveaways, events, and merch
It’s time to Live Crypto
Crypto natives in the US are finding existing banks completely inadequate for everyday use of crypto. Juno empowers members to earn part of their paycheck in crypto and use crypto for everyday transactions like bill payments or buying coffee.
Earning and using crypto are critical financial primitives for creating and growing a circular crypto economy. Juno’s loyalty program is meant to accelerate the growth of crypto economy and help our members live crypto.
We want to thank our community for being our strongest champions and cheerleaders as we build a community-first banking platform for web3. Stay tuned for more updates and announcements in the coming weeks. We are just getting started.
DISCLAIMER: JUNO IS A FINANCIAL TECHNOLOGY COMPANY, NOT A BANK. JUNO’S BANKING SERVICES ARE PROVIDED BY EVOLVE BANK AND TRUST, MEMBER FDIC. THE LOYALTY PROGRAM IS SOLELY PROVIDED BY JUNO, AND THE LOYALTY TOKENS WILL NOT BE INSURED OR OTHERWISE PROTECTED BY THE FDIC.
