Token Jay

Token Jay is your one-stop solution for dealing with tokens on Ergo. It offers open, fully documented applications that are accessible to everyone.

Platform Overview

You can trade tokens in a trustless and decentralized manner using TokenJay's open P2P Escrow service. Visit tokenjay.app to get started. Please note that you will need an ErgoPay compatible Wallet Application.

  • P2P Escrow: Trustless, private sales on the Ergo blockchain for a nominal fee
  • SigUSD/SigRSV: Convert ERG into SigUSD and SigRSV directly with the bank
  • Token Burner: Utility to burn unwanted NFTs and tokens
  • Open Source: Fully documented applications accessible to everyone

P2P Escrow

Smart contract that facilitates trustless, private sales on the Ergo blockchain. Accepts Ergo tokens from seller, only defined buyer with defined ERG amount can access them.

SigUSD & SigRSV

Convert ERG into SigUSD and SigRSV directly with the bank in a single transaction, providing easy access to Ergo's stablecoin ecosystem.

Tools & Usage InstructionsClick to expand

Tools Available on TokenJay

P2P Escrow

The open P2P Escrow service is a smart contract that facilitates trustless, private sales on the Ergo blockchain for a nominal fee. The contract accepts Ergo tokens, such as a non-fungible token (NFT), 100 SigUSD, or other token(s) from the seller. Once the tokens are in the contract, only a defined buyer sending a defined amount of ERG can access them. If the exchange is successful, the contract sends the tokens to the buyer and the ERG to the seller. The seller can cancel the contract at any time before the exchange is made.

Learn more about P2P Escrow
SigUSD and SigRSV

With TokenJay, you can convert ERG into SigUSD and SigRSV directly with the bank in a single transaction.

Learn more about SigUSD/SigRSV
Utilities

TokenJay also offers a Token Burner utility that allows you to burn unwanted NFTs and tokens.

Use Token Burner

How to use P2P Escrow

For Sellers:
  1. Visit TokenJay
  2. Connect your wallet by scanning the QR code
  3. Navigate to 'Your Token Sales'
  4. Click 'Start New Sale'
  5. Select the vesting key from your wallet
  6. Enter the buyer's address
  7. Set the price the buyer should pay (in $ per SPF token, converted into Erg)
  8. Click 'Sell Token'
  9. Sign the transaction
For Buyers:

Once the transaction is confirmed, the buyer can make the purchase via TokenJay. The offer will appear under 'P2P Escrow offers'. The buyer should verify the token and minting transaction to ensure its authenticity.

If it's an Ergopad vesting key, they can verify the tokenid in the verifier API:

https://api.ergopad.io/vesting/vestedWithKey/tokenid

This will return whether it is a real key, the token type, and the number of tokens. If everything checks out, they can click 'Buy' and sign the transaction.

Once the transaction is processed, the Erg is sent to the seller, the key is sent to the buyer, and the contract takes a small fee.

Key Features

Trustless Trading

Smart contracts ensure secure, trustless P2P trading without intermediaries.

Decentralized

Fully decentralized escrow service operating on the Ergo blockchain.

Open Source

Fully documented applications accessible to everyone with transparent code.

Multiple Tools

P2P Escrow, SigUSD/SigRSV conversion, and Token Burner utilities.

Requirements

You will need an ErgoPay compatible Wallet Application to use TokenJay services. This ensures secure and seamless interaction with the platform's smart contracts.

In a Nutshell

Token Jay represents a comprehensive toolkit for Ergo token management, combining P2P escrow services, stablecoin conversion, and utility tools in a single, open-source platform. With its trustless smart contracts and user-friendly interface, Token Jay makes token trading and management accessible to everyone on the Ergo blockchain.