# $JVPA Users invest $Jasmy and convert it into $JvpJasmy. Users stake $JvpJasmy and receive $JVPA. $JVPA is used as a reference for the distribution of airdrops in the $JVP token. After each airdrop, $JVPA is recalculated. $JVPA is calculated based on the concept of token days. **The calculation formula is as follows:** *Token days = Amount of collateral × Time (in timestamp)* Collateralized $JvpJasmy can be borrowed and redeemed, but it does not support transfer. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://jvp-protocol.gitbook.io/jvp-protocol/how-is-jvp-work/usdjvpa.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.