***ANNOUNCEMENT***
Just burned about $15,000,000 worth of $JADE.
This is larger than our last, making $JADE even scarcer.
$15 million, permanently deleted:
Sick burn.
Retweet this.
We effing did it. Proud of the $JADE Army.
Educating the community to think long-term resulted in a landslide vote to reduce APY to sustainable levels.
Announcement in a few minutes.
Creating a
#SmartDAO
is going to take a lot of work.
Implementing an education onboarding system on in the coming weeks.
We'll have the most intelligent and rational community in crypto. Excited to see what ecosystem looks like in a few months.
We are excited to announce our first Seed investment from the JADE DAO in
@Dexpools
()
Dexpools combines peer to peer OTC trading, NFT swapping, and lending/borrowing into a single, multi-chain platform for DeFi traders, NFT collectors, and gamers.
You donโt own โweb3.โ
The VCs and their LPs do. It will never escape their incentives. Itโs ultimately a centralized entity with a different label.
Know what youโre getting intoโฆ
Very proud of the Jade community for playing a huge part in this.
The metrics from the impact we had will be critical in landing future seed investments.
Our Open Beta is now complete ๐ฅณ
Thanks to all of our users who have tried our P2P platform!
Highlights;
- 4900 wallets connected
- $8M total value connected
- Over 1,000 transactions
- 8 chains integrated
Read more about the beta here๐
1/3
A few days ago, we introduced "Jade Arena" to our Discord community as a place to play games, get to know each other, and win prizes. Something fun to do when things are busy for us in the background, but quiet on the announcement side.
Our new website, intro video and documentation are live:
Cross-chain bridge, treasury dashboard & bonding events will be deployed in the coming days.
Check out our latest Medium megapost for all the details & updates:
@coingecko
we've been patiently working with your customer service team to get our market cap updated for weeks but their responses are starting to make zero sense.
Please review below and respond to existing email thread if more info is needed.
@CoinMarketCap
you too.
Itโs not often we get approached by a project that blows us away with its potential.
@nillionnetwork
is one of those ultra rare projects, and weโre thrilled to announce our investment into this transformational technology.
Currently in open beta, Dexpools anticipates a launch in March with support on over 5 chains including Ethereum, Avalanche, BSC, Metis, Moonbeam, and Polygon among others.
Our fund report tomorrow will contain additional information.
$350K spent in marketing = 11m people learning about $JADE
$350K in buy backs = great for managing early volatility, useless long term (eaten in 2 seconds by sharks/bots)
Remove 10% buybacks, go 15% marketing
Public ledger, community can pitch/vote on how money is spent
Y/N?
New updates have been pushed to :
1. Redeem contract is live, reinforcing the stability of the floor price
2. All $JADE supply APIs updated to better reflect the current circ supply
3. Updated FMV formula based on our treasury balance and blended APYs
WOW! In ~36 hours
@Dexpools
has over 5m in assets connected.
Dexpools is becoming the leader in P2P OTC trading. With the addition of NFT swapping and limit orders,
#DXP
will have everything traders need!
Havenโt joined us yet? ๐
To the Jade Community,
As we are all well aware, the recent hostilities launched by Putinโs government have led to chaos and bloodshed on Ukrainian soil. Many of our own community members have been directly impacted by this act of war.
1/6
Stand with the people of Ukraine. Now accepting cryptocurrency donations. Bitcoin, Ethereum and USDT.
BTC - 357a3So9CbsNfBBgFYACGvxxS6tMaDoa1P
ETH and USDT (ERC-20) - 0x165CD37b4C644C2921454429E7F9358d18A45e14
2/3
What we learned: our community is awesome. And we want to continue this as a recurring event.
Here are the results of our first Jade Arena Chess Tourney:
$JADE DEV AMA (REPLAY) - MEET ALEKSANDAR
Great to hear Aleksandar's thoughts on JADE, custom bridging, multi-chain, JADE founders, dev team, future functionality, Aleks' pedigree as a developer, and more!
Video:
The Genesis Keys are just the start of the
@NFTcomofficial
commitment to community ownership & governance.
Today is the last day to get on the whitelist:
Check out this infographic to learn about the evolving utility of NFTs...
The New Era of Perpetual DEXs is upon usโ
...and JADE's first seed investment, Dexpools (now VELA), is growing up so fast!
JADE's
@jonray
will be hosting an AMA w/ the
@vela_exchange
team tomorrow.
RSVP to find out how to mint 1/5000 exclusive Vela NFTs
(1/2)
Big
@nillionnetwork
news:
โUber's founding engineer Conrad Whelan just came out of retirement to join crypto startup Nillion. Here's why he's betting on the 40 person team working in stealth to improve Web 3.0 computations by "horcruxing" data.โ
The JADE Redeem Contract is now LIVE at
This feature enables JADE holders to redeem JADE at the floor price at any time.
Our beloved community liaison,
@jonray
made an overview video to explain how it works.
We expect to become a staple of the crypto world alongside , & .
What really sets them apart is their commitment to community ownership & governance via the DAO
To this end, we have donated $20,000 USDT to the official Ukrainian wallet address. We hope this will provide meaningful support to the citizens of Ukraine.
While we realize this donation is not going to solve the geopolitical issues abroad...
3/6
IMPORTANT: JADE Supply Impact on Floor Price
With our bonding event completed, we're publishing the supply impact numbers, & starting a conversation around a series of changes in
@JadeProtocol
that will go into effect in the coming days, weeks, & months.
JADEโs first seed investment,
@vela_exchange
, has finally announced their new home on
@arbitrum
!
Read the full announcement below for details about how they plan to spice up the perp trading experience on one of
#DeFi
's hottest chains right now.
The day has finally come!
We are proud to announce that our rebranded
@vela_exchange
will be launching on
@arbitrum
! (๐,๐งก)
Vela provides a crisp trading experience, Arbitrum enables it.
Sign up โ
Here are all the details ๐๐งต
Snapshot website was down temporarily, but we are back! Community sourced Snapshot proposal for BuyBot 2.0 is now LIVE. โก๏ธ
$sJADE holders can vote (and everyone can view) here:
In addition to the domain name being a marquee asset that has already generated massive organic interest, is aiming to build a fair and secure NFT marketplace and ecosystem.
We'll be chatting w/ the
@Dexpools
team @ 1pm CDT about their $BNB chain launch
Dexpools is one of JADEโs earliest seed investments & offers Peer to Peer OTC trades w/ 0% slippage ๐
They are hosting a trading competition with $50,000 in prizes๐ฐ
RSVP:
A quick update from our first seed investment... Dexpools has now officially re-branded to Vela Exchange!
Congrats,
@vela_exchange
!
Here is a high level summary thread of the changes you can expect on their new platform...
[๐งต1/5]
๐It's
#Celer
cBridge's 1-Year mainnet launch Anniversary!
๐We'd like to thank our partners and users by celebrating with some special events!
๐คฉ$23,000 in rewards
๐ฐ$1,000 Twitter
#Giveaway
- Follow, like, and RT to enter
โก๏ธFor more event details check:
Weโre excited to be participating in the public sale for Genesis Keys starting at 7pm EDT this evening.
Join us at 4pm EDT for a Twitter Spaces AMA with the
@nftcomofficial
team, hosted by JADEโs Community Liaison,
@jonray
.
Or, you can directly donate to the following addresses confirmed by multiple verified sources to be correct and in control of the Ukranian government:
BTC โ 357a3So9CbsNfBBgFYACGvxxS6tMaDoa1P
ETH โ 0x165CD37b4C644C2921454429E7F9358d18A45e14
โJade
6/6
URGENT: Update regarding the JADE bonding event supply impact and next steps. Everyone please read the below thread carefully.
Read THIS ==>
Supply Impact AMA w/
@jonray
==>
Bonding Event LIVE ==>
The 1st in a series of community proposals designed to rebrand & restructure JADE to be best positioned for future success is live for voting.
Full breakdown in this video by
@jonray
==>
Read & Vote on the Full Proposal, here ==>
Please take care of yourselves, your family and your loved ones.
If you would like to directly support the people of Ukraine via contribution, we recommend the following links:
(endorsed by Vitalik)
(Disburses funds to NGOs)
5/6
UPDATE: Our Community Governance platform is live w/ a lot of recent action.
Join Discord to be up to date on latest news.
Per community vote, JADE is rebranding in a few weeks. If you're a holder you'll need to follow specific instructions.
See Discord link in bio.
The team behind has founded and built several disruptive billion-dollar protocols and successful non-crypto companies together, including two of the top 100 cryptocurrencies ( and ).
@JGroCrypto
Unsolicited advice:
Only invest what you're comfortable forgetting about. The biggest mistake investors make is over-investing, which creates hyper-emotional communication/decisions.
AMA: Tune in this evening at 7pm CT to learn about how two of JADE's seed projects (
@SkyMetaGaming
&
@0xNFTreasure
) are building innovative solutions for the
#NFTCommunity
โ it's an exciting time for builders and we're proud to support these two.
๐ AMA Session with
@0xNFTreasure
๐๐
๐Jon Rayโs Twitter Space
๐Link:
๐August 20 (Sat) at 8:00 AM UTC+8
Donโt forget to invite friends and prepare your questions๐
#NFTreasure
#SkyMeta
#Giveaway
#AMA
we are confident that the money will be put to good use. All we can do is hope for a swift resolution to the conflict so that no more innocent lives are lost. We hope you are all able to remain safe during these timesโparticularly those in Ukraine or neighboring countries.
4/6
Although we have been working hard to deliver a stellar Avalanche launch, we feel compelled to take action and support the sovereign nation of Ukraine, whose people are being unjustly affected by Putinโs decision to pursue violence.
2/6
@crypdohnut
@nanichainlink
@jonray
That's correct - we've completed manually reviewing all wallets and will be updating all lists in the next couple days.
Tier II: >= 10 sJADE
Unlocks the giveaways channel. We have been approached over time by several early-phase projects who have offered WL spots to our community. We now have a solid way to ensure that any opportunities like this are exclusive to JADE investors.
Tier I: >= 1 sJADE
Unlocks the financial reports channel. Going forward, all monthly financial reports will be listed there exclusively. Tier I members also gain access to all subsequent AMAs.
We immediately shut down the DAO integration on the affected bonds, prevented any further purchases, and will be launching new boosted bonds with a resolved DAO integration (details on this soon).
Here is how weโre going to make things right:
Specifically, an exploit was used on the DAO configuration within the initializeBondTerms() function call within our OlympusBondDepository smart contracts.
The exploiter promptly dumped 100% of their stolen $JADE.
So, what exactly happened?
Someone found an exploit in how our bonds were configured to interact with the DAO.
We had our code reviewed prior to launch by several contract auditors, and yet, this was missed.
We wonโt name names and wonโt point fingers.
You might be wondering... "What can I do to support as a member of Jade's Alpha Army?"
1. Read the white paper + tokenomics here:
2. Sign up for their incentivized beta here:
[๐งต4/5]
3. Follow their Twitter, enable notifications & engage w/ their content over the coming days/weeks
Big congrats to the
@vela_exchange
team!
We look forward to all the growth to come & are excited to have the Jade
#AlphaArmy
supporting your brand new product launch! ๐
[๐งต5/5]
Introducing a sneak peek of our second official Vela NFT. Exclusive, and limited supply for our upcoming ecosystem AMA
And yes, there will be immense utility for each NFT collection, which are required to craft [REDACTED]
Here's what you need to do to claim it...
1. A robust on-chain perps trading experience similar to what you have come to expect from market leaders like GMX.
2. Deep liquidity to enable high leverage margin trading (up to 30x) across the many EVM chains that were supported by Dexpools. More chains coming soon!
[๐งต2/5]
The crowd sees the outline of a merchant vessel rapidly approaching through the fog...
What could it be?
Registration for our exclusive rewards program for early VLP minters is now OPEN๐คฏ
Revealing a unique, time sensitive opportunity for the ambitious๐
3. A brand new order book spot exchange & continued support for their OTC swap platform.
4. Fully revised tokenomics that incorporate non-inflationary revenue driven rewards for holders and stakers of the new VELA + VLP tokens. Yes, that means
#RealYield
.
[๐งต3/5]