3Jane, a Paradigm-backed credit lending protocol, opens to the public.

KuCoinFlash

Release Time: 06/11/2026 09:02:40

Summary

3Jane, a collateral-free credit lending protocol backed by Paradigm, launched a major protocol update this week, opening to the public on June 11. Users can now mint USD3 and participate in liquidity mining to earn JANE tokens. USD3, a credit-backed stablecoin with a $50 million supply cap, has a staked variant called sUSD3 that provides leveraged exposure. JANE’s total supply will be dynamic and is projected to finalize in 2026 at between 1.11 and 6.66 billion tokens. Currently, 100% of JANE emissions are allocated to liquidity providers, distributed every seven days in a locked state. This on-chain development follows 3Jane’s $5.2 million seed round in June 2025, led by Paradigm.

BlockBeats news, on June 11, 3Jane, a collateral-free credit lending protocol backed by Paradigm, announced on social media that the protocol is now open to the public, allowing users to mint USD3 and participate in liquidity mining to earn JANE tokens.

USD3 is a credit-backed yield-bearing stablecoin with a supply cap of $50 million; sUSD3 is the staked version of USD3, offering leveraged exposure. JANE features a variable total supply, with the final supply to be determined at its final minting in 2026 (ranging between approximately 1.111 billion and 6.666 billion tokens). Currently, 100% of JANE emissions are allocated to liquidity providers, claimable every 7 days (in a locked state) until final minting.

BlockBeats previously reported that crypto lending startup 3Jane announced in June 2025 that it had completed a $5.2 million seed round led by Paradigm.

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