# Program Phases

To fairly reflect participation across different growth stages, the Jasper Vault Score Program progresses through multiple phases:

### Phase 1｜Pioneer Phase

* Early internal and invited users
* Focus on trust, feedback, and co-building
* Records participation during periods of higher system uncertainty

### Phase 2｜Channel & Community Phase

* Gradual onboarding of external users
* Controlled expansion of participation
* Observation of real usage behavior

### Phase 3｜Social Invite Phase

* User-generated invitations enabled
* Emphasis on real usage and organic referrals
* No encouragement of mass or indiscriminate expansion

### Phase 4｜Public Trading Phase

* Fully open participation
* Transition toward long-term steady-state operation
* Score continues as a persistent participation record

> Generally, **earlier and longer participation carries greater historical significance.**