Juro provides a standardized, transparent, and functional protocol for the issuance of money as units referred to as “Juro” where a Money Judgment Title Holder can exchange their judgments obtained in court for digital money. The Money Judgment Title is deposited in a safekeeping account which is referred to as the Juro Reserve Account. There is a separate Juro Reserve Account for each currency designation. In addition to Money Judgment Titles, money in all its forms and Assets may also be deposited into those Juro Reserve Accounts.
The exchange of the Money Judgment Titles for “juro” digital money is one of only three ways in which new Juro are minted. This exchange is referred to as the Capital Conversion of the Juro System (“CCJS”).
The second way “juro” are minted is from the accrual of statutory interest and/or fees which the portfolio of money judgments and assets of the Juro Reserve Account carry, as well as any revenues, payments, sales or settlements received from the respective Juro Reserve Account. This is also referred to as the CCJS.
The exchange of money (which is in any of the recognized forms of money in the Juro System) for “juro” digital money is the third way in which new Juro can be minted. This exchange is also referred to as the CCJS.
The assets used to mint “juro” are held in safekeeping in the respective currency denominated Juro Reserve Account which shall exclusively be held at one of the facilities / locations of the “Juro Treasury” concession holder.
Lex declaravit, sic fiat!