Johnny

Cryto enthusiast

[Johnny @and1_and22]

@presofestonia @JadeProtocol Not sure how that’s meant - unless you’re trying to say that 35m treasury have been burnt already to keep the price at current floor level (unlikely). If not, reality is that treasury was filled with stables to 90m as per 10 Dec…

[Johnny @and1_and22]

@presofestonia @JadeProtocol Treasury came in the form of stable coins via bonding mechanism - Jade staking or not doesn’t matter here

[Johnny @and1_and22]

@JadeProtocol When they announced their Hyper Growth Fund, Jade had a ~90m treasury (see medium article from Dec 10, 2021). No they show ~55m on the latest dashboards.. it seems 35m went missing / have been stolen from investors - can some from the Jade team explain where the money went?!?