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Deposit EATs to earn JLTs
Any user with an Energy Attribute Token (EAT) can deposit it into a basis pool and earn Jasmine Liquidity Tokens (JLTs) in exchange at a nominal rate of 1 JLT per 1 MWh of EATs deposited.
The smart contract for the pool evaluates an EAT's property before it is accepted for deposit to the pool. For example, a pool may only accept EATs generated with solar power (
This is analogous to the traditional finance concept of a commodity "basis grade" that can be used as the standard for derivatives contracts.