FAQ

Welcome to the JSOHO Network FAQ. Here, we address some of the most frequently asked questions to help you navigate our platform efficiently. If you have additional questions or need further assistance, please contact our support team.

1. General Questions

a. What is JSOHO Network?

JSOHO Network is a decentralized finance (DeFi) platform built on the Solana blockchain. It provides lending and borrowing services with advanced security features powered by artificial intelligence (AI). Users can supply assets to earn interest or borrow assets by providing collateral.

b. How does JSOHO Network work?

The JSOHO network operates on smart contracts on the Solana blockchain. Users supply assets to liquidity pools, which are then used by borrowers. Supply and borrowing rates are determined by market dynamics and platform algorithms. AI is used to enhance security and optimize user experience.

c. Is JSOHO Network secure?

Yes, JSOHO Network uses advanced security measures including two-factor authentication (2FA), AI-powered fraud detection, and regular security checks. Users are also encouraged to follow best practices to protect their accounts and assets.

2. Account Creation and Management

a. How do I create an account on JSOHO Network?

To create an account, you will need a Solana-compatible wallet (e.g. Phantom, Solflare). Connect your wallet to the JSOHO Network website, follow the registration steps, and set up your account. For detailed instructions, see Create an Account.

b. What should I do if I forget my password?

If you forget your password, you can reset it through the account recovery process. Use the "Forgot Password" link on the login page and follow the instructions sent to your registered email. Make sure your email account is secure as it will be used for recovery.

c. How can I update my account information?

Log in to your JSOHO Network account and navigate to your account settings. Here you can update your personal information, privacy settings, and preferences. Make sure all changes are saved and verified.

3. Supply and Borrowing

a. How do I supply assets to JSOHO Network?

To supply assets, log in to your JSOHO Network account and go to the “Supply” section. Select the asset you want to supply, enter the amount, and approve the transaction through your connected wallet. The asset you supply will earn interest based on the current APY.

b. How do I borrow assets on JSOHO Network?

To borrow an asset, navigate to the “Borrow” section in your account. Select the asset you want to borrow, provide the required collateral, and submit your loan request. The loan interest rate (APY) will be applied based on your collateral and market conditions.

c. What are collateralization ratios and how do they affect borrowing?

The collateral ratio is the ratio of the value of your collateral to the value of your loan. Maintaining a healthy collateral ratio is important to avoid foreclosure. If this ratio falls below a certain threshold, foreclosure may be triggered.