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Degen Yeti Ski ClubDegen Yeti Ski Clubby0xE553cBf2A5F17c56B4D87F50038568CbAE9e6736Cisco.avax

Allocate 13 AVAX to Slurp Upcoming $JADE Bottom

Voting ended about 4 years agoSucceeded

TL;DR: Tentatively Buy 13 AVAX worth of $JADE before EoY

Jade Protocol (BSC) is a contentious platform given the lineage from SmartCoin to SmarterCoin, to now Jade. Love 'em or hate 'em, they're here, they've made ripples, and they're not about to disappear. (especially with that fat treasury!)

The Fair Launch Foundation (parent of the all 3 projects/phases) has set out a goal to groom a large body of investment capital to be suitable for a sustainable long-term VC fund use, wherein profits are returned to the investors in the from of higher APY rewards.

I propose we execute one of our fist 'degen' plays, and buy $JADE's bottom. I've kept close tabs on this entire 'game', and it's extremely bullish in my view.

An outsider looking into the project would say it's an abysmal failure, or a rug, or worse if they were personally affected by the experiment. Understandable, but once you dig into the players behind the project you see the genius behind their unique approach and vision. It's not a game for the lighthearted, but the rewards to be had for playing are great.

Jade will be launching on Avalanche soon, bringing the protocol cross-chain. SMRTr-AVAX LP and SMRTr holders will have first and only early access to bond into that side to start with. After this will likely bring much more attention and capital to Jade as BSC is a barrier to entry for some.

Jade will be releasing a highly anticipated 'gameplan' publication on the 31st, early leaks already show it to be juicy. But in the meantime, they have officially asked for people to actively FUD $JADE into the ground before the release, further lowering that price to the floor. Since this was already an anticipated outcome, it's a blessing of an opportunity to buy in at never-to-be-seen-again rock-bottom prices.

As I'm already watching continually until EoY for an optimal buy-in, I can also enter the DAO at the same time scoring us a prime position to launch from when the eventual underwater beach-ball is released. Principal can be secured later on, leaving the rest to grow with the ecosystem.

~Cisco

What say you?

Off-Chain Vote

Invest in $JADE
1.2M 81.7%
Do not invest in $JADE
268.77K 18.3%
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Timeline

Dec 29, 2021Proposal created
Dec 29, 2021Proposal vote started
Dec 31, 2021Proposal vote ended
Jan 21, 2025Proposal updated