jnrUSD Pooled Route

The jnrUSD Pooled Route gives eligible Amy users a way to enter a provider-defined pooled jnrUSD position using USDe. Your position is tracked through proportional units within the pooled structure, not as an individually minted or directly redeemable vault position.

This is a provider-defined route made available through Amy. Liquid Royalty is the underlying route provider.

1. What the jnrUSD Pooled Route is

The jnrUSD Pooled Route lets eligible Amy users enter with USDe and receive a tracked proportional position within a pre-funded pooled jnrUSD structure. Your position is recorded in units calculated from the applicable jnrUSD share price at the time of entry.

The value of your position can rise or fall with the underlying jnrUSD share value. Any increase in value is realised only when you exit.

You do not receive an individually minted or directly redeemable jnrUSD vault position. Instead, Amy tracks each user's proportional units within the pooled structure.

Simple rule

You enter with USDe and receive a tracked share of the pooled jnrUSD position.

2. Who provides the route

The route involves three parties with clearly separated roles.

Liquid Royalty is the underlying route provider and commercial counterparty. Liquid Royalty:

• provides the underlying pooled jnrUSD capacity
• acts as the route provider
• participates in custody oversight
• approves relevant pool and capacity movements
• controls or contributes to provider-defined terms and availability

Amy provides the consumer interface and supporting workflow. Amy:

• displays account and route eligibility
• provides route information and guidance
• generates and validates entry instructions
• tracks user units and position records
• coordinates requests and operational processing
• calculates the applicable performance fee
• prepares routine multisig transactions
• provides status information and guidance

The third signer supports shared custody control and continuity. The third signer does not run the product, user interface or daily user operations.

No single signer can move route assets alone.

3. How entry works

The normal entry flow works as follows:

1. You open the route from the Score page or route directory.
2. Amy checks your current account and route eligibility.
3. You review the route information, provider, fees, cooldown and risks.
4. You choose an amount of USDe to use for the route.
5. A time-limited quote is generated using the applicable jnrUSD share price.
6. You confirm the transaction from your wallet.
7. Your USDe is sent directly to the designated User Deposit Safe.
8. After validation, your position is recorded using the confirmed unit quantity.
9. The position appears in Your active routes.

Current quote rules:

• quotes are valid for 120 seconds
• a 30-second grace window may apply after expiry
• deposits outside the valid period may require review or a new quote
• only the correct token and destination are accepted
• invalid, mismatched or late transactions do not automatically create a confirmed position

Simple rule

Review the quote carefully and send the correct asset before the quote expires.

4. Unit-based position tracking

Your position is tracked in jnrUSD units, not by a fixed USDe value. Units are calculated using the applicable jnrUSD share price at entry.

Unit-based accounting is used so that each user's recorded position can follow the value attributed to their proportional pooled exposure.

Simple rule

Your unit quantity stays recorded. The value of those units can change over time.

5. Position value and outcomes

Any displayed current position value is an estimate based on the latest share-value data recognised by the route. The displayed value may not equal the final exit amount.

Actual settlement depends on the applicable exit value, fees, provider processing, liquidity and route conditions. The underlying position may rise or fall. Past performance is not a guide to future results. You may receive less USDe than you originally entered.

Route availability and valuation data may update on a schedule rather than continuously.

6. Performance fee

Amy charges an 8% performance fee on realised gains only. The fee is calculated when you exit.

Formula:

• Realised gain = gross exit value minus original entry amount
• Performance fee = 8% of the positive realised gain
• Net settlement = gross exit value minus performance fee

If the gross exit value is equal to or below your original entry amount, there is no positive realised gain and no performance fee is charged.

Worked example:

This example is illustrative only. Actual values will differ.

Simple rule

The 8% fee applies only to a positive gain realised when you exit.

7. No fixed lock, but a seven-day cooldown

Unlike some other routes, jnrUSD does not have a fixed lock period. You can request an exit from an individual position at any time.

However, every exit request begins a seven-day cooldown. You cannot complete settlement immediately.

Key rules:

• the value used for the exit calculation stops accruing further route performance from 00:00 UTC on the day after the exit request
• the seven-day cooldown is measured from the recorded exit-request time
• settlement is processed after the cooldown and required operational approvals

Example timeline:

Settlement is normally prepared after the cooldown has completed and the required operational checks and approvals are complete.

Simple rule

You can request an exit at any time, but settlement is subject to a seven-day cooldown.

8. Exit calculation and settlement

When you request an exit, the following calculation is applied:

• the gross exit value is calculated from your recorded units and the applicable exit share value
• any positive performance fee is deducted
• the resulting net amount is settled in USDe
• settlement is sent to your connected or confirmed wallet

The exit requires the route's multisig approval process. Operational liquidity or underlying exposure may need to be adjusted before settlement is completed. Transaction and processing timing can vary.

9. Custody and the two-Safe structure

The route uses two separate Safe multisig wallets, both requiring 2-of-3 approval for any movement.

User Deposit Safe

• receives supported USDe from users upon entry
• may hold USDe pending validation, deployment or use for settlement liquidity

jnrUSD Pool & Rewards Safe

• holds the pooled jnrUSD exposure
• supports exit settlement liquidity
• receives route-level secondary reward inflows where applicable

Both Safes use the same 2-of-3 signer structure. The signers are Amy, Liquid Royalty and an independent ecosystem signer. No single signer can move assets alone.

Signer wallets approve transactions. Safe wallets hold route assets. The Amy frontend does not hold user funds.

Simple rule

Route assets are held through shared multisig control. No single signer can move them alone.

10. What pooled exposure means

You participate through a tracked pooled position. You do not receive:

• a separate individually controlled vault
• an individually minted direct jnrUSD redemption position
• direct unilateral control over the pooled Safe
• a guaranteed claim at a fixed value

Amy's records track each confirmed user's:

• original entry amount
• entry share value
• unit quantity
• current status
• exit request
• gross exit value
• fee
• net settlement
• relevant transaction references

11. Capacity

The route begins with provider-defined pooled capacity. Capacity is limited and not automatic.

Key rules:

• the route is intended to maintain allocated pooled exposure corresponding to confirmed user positions
• this operational allocation does not guarantee value, liquidity or recovery
• new capacity requires agreement between the relevant parties
• unallocated capacity remains associated with the provider
• the route may stop accepting entries even where you meet the score requirement

The live app is the source of truth for current availability.

12. Secondary rewards such as BGT

The underlying pooled route may generate additional route-level rewards, including BGT. Secondary rewards are separate from the change in the underlying jnrUSD share value.

Where such rewards are received:

• Amy may calculate proportional allocations for eligible active positions
• distribution may occur periodically
• timing and mechanics may change
• the amount is not guaranteed
• rewards may depend on your active exposure period and applicable route rules
• future distributions may require separate operational processing

The current expectation has been a monthly operational cadence, but this is not guaranteed.

Current secondary-reward rules are shown in the live route information or separate announcement.

13. What happens if you fall below Bronze

If you already have an active route and later fall below Bronze level:

• your existing position remains visible and manageable
• you can still request an exit according to the route terms
• your position is not trapped
• you cannot normally open a new Score-gated position until Bronze is restored
• Amy Points earning and other Bronze-dependent features may pause separately

Simple rule

Falling below Bronze can block new entries, but it does not remove your ability to manage an existing position.

14. Active route display

In Your active routes, you may see the following information for each position:

• route name
• position status
• original USDe entry
• recorded unit quantity
• latest recognised position value
• entry date
• exit status
• cooldown dates
• estimated fee
• settlement status
• transaction references

Your position may display a status showing whether it is awaiting confirmation, active, in cooldown, being processed, completed or needs review.

15. Amy's role

Amy provides the consumer interface and supporting operational workflow. Amy may:

• display account eligibility
• provide route information
• generate and validate entry instructions
• maintain user-level position records
• prepare operational transaction requests
• coordinate exits
• calculate applicable fees
• show status and reporting information
• provide education and support

Liquid Royalty is the underlying route provider. The provider and underlying route arrangements determine or influence:

• product operation
• pooled capacity
• pricing inputs
• liquidity
• settlement arrangements
• custody structure
• rewards
• route availability
• product risks
• underlying terms

Amy does not guarantee:

• provider approval
• continuing availability
• positive returns
• liquidity
• share value
• secondary rewards
• settlement at a particular value
• settlement at an exact time
• recovery from protocol, custody or market failure

16. Key risks

Market and value risk. The jnrUSD share value may rise or fall. You may receive less USDe than you originally entered.

Underlying protocol risk. Smart contract, vault, protocol, oracle, strategy or operational failures may affect value or access.

Stablecoin risk. USDe or related assets may lose value, face liquidity problems or become unavailable.

Liquidity and exit risk. The seven-day cooldown does not guarantee liquidity. Processing may take longer where liquidity, approval or operational issues arise.

Custody and multisig risk. Multisig reduces unilateral control but does not eliminate signer, key, governance, operational or recovery risk.

Provider and counterparty risk. Users depend on Liquid Royalty and the route's operational structure. Provider interruption or dispute may affect new entries, processing or settlement.

Pricing and accounting risk. Quotes, share values, unit records or calculations may be delayed or incorrect. Errors may require correction.

Capacity risk. Access may close or be limited even when you meet the Amy Score requirement.

Reward risk. BGT or other secondary rewards are not guaranteed. Reward timing and value may change.

Technology and network risk. Wallet, transaction, Berachain, frontend, API, indexer or Safe issues may interrupt the workflow.

Regulatory and availability risk. The route may be restricted, paused or changed based on country, provider or legal requirements.

Tax risk. You are responsible for your own tax position.

No compensation scheme. This route is not presented as a bank deposit or savings account and should not be assumed to benefit from deposit-protection or compensation arrangements.

17. Corrections, delays and exceptional handling

Amy or the provider may need to:

• review late transactions
• reject unsupported assets
• correct accounting errors
• pause entries
• delay processing
• reconcile onchain balances
• request additional information
• handle failed or mismatched transactions
• modify operational steps where necessary to protect users or the route

Corrections will normally be assessed using available onchain records, confirmed route data and the applicable route terms. Not every error can be reversed.

18. Route transparency

Once the route is live, Amy may publish the designated User Deposit Safe and jnrUSD Pool & Rewards Safe addresses for verification. Users should rely only on addresses shown in the live Amy app and should not send assets directly unless instructed through the supported route workflow.

19. Worked examples

20. Where to find current information

The live Score and route pages are the source of truth for:

• current Amy Score threshold
• account eligibility
• route availability
• provider
• capacity
• quote details
• position status
• current fees
• current secondary-reward rules
• supported countries
• designated Safe addresses, where published
• current route terms and risk information

The documentation explains the structure. The live app and route terms show what currently applies.

Simple rule

Understand the route before entering. Use the live app for current eligibility, capacity and position status.