Apparently that's just a power input jack (what they have labeled as "DC jack"), for an external power source. It's hard to tell from the wiring diagram, but it looks as if they may be using the input jack as a power switch, so when you unplug from it it disconnects the battery. You could copy that, or you could add a power switch (which of course, according to Murphy's Law, will never be turned off, so the battery will drain ...).
Apart from that you can use mono jacks, since it's just a single-channel device.
Just curious: what kind of effect box is this?