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?