Jiko is replacing Synapse as Juno’s banking provider. As such, customer funds will move through the Juno Treasury Account – powered by Jiko – as they’re deposited into and withdrawn out of Juno.
When you add funds to Juno, those funds will be transferred into your Juno Treasury Account, powered by Jiko, and automatically invested in the 4-week T-bill on your behalf, where it will also begin earning interest. If and when you further allocate funds towards cryptocurrencies, Jiko will liquidate T-bills and transfer those funds to Zero Hash. From this point onward, the funds flow and customer experience remain the same.
If you have any questions, the team is always here for you, so feel free to contact our support team.