Biggest launch in Defi history? @feiprotocol raised $1.2B from its Genesis event, and the $FEI - $TRIBE pool is #1 on Uniswap with $2.6 BILLION in liquidity.
Simultaneously, retail investors got predictably rekt.
Here's how the drama unfolded:
There's a lot of trash riding on the promise of NFTs. The vast majority of digital art NFTs on the market today are going to get rekt super hard in the bear market.
2/2
Token distribution and trading will occur after our Public Sale is completed. We will announce the date and time of our public sale soon. Any trading of $DAO Tokens atm is either a scam or a futures contract. DAO Tokens are not moveable!
$DAO tokens are not yet distributed!
1/2
First #DYCO on Major Exchange
- 23x Increase in $USDG Volume
- 25x Oversubscription
- First #IEO for Locked Tokens in DYCO format
- 1,252 Participants
$DAO