Data compiled by Woofun AI shows that the unsecured credit lending protocol 3Jane has officially launched its public operations. Users are now able to mint USD3, a credit-backed stablecoin with a capped supply of 50 million USD, and engage in liquidity mining activities to accrue JANE token rewards. The protocol distinguishes between USD3 and sUSD3, the latter being a pledged variant that introduces leverage-related risks to holders.

JANE utilizes a variable total supply mechanism, with the final issuance volume to be determined during the concluding minting phase in 2026, projected to range between 1.111 billion and 6.666 billion tokens. Currently, 100% of newly issued JANE tokens are distributed exclusively to liquidity providers, who may claim their allocations on a weekly basis while the tokens remain locked until the final minting event. This launch follows a $5.2 million financing round secured in June last year, led by Paradigm.