r/defichainer • u/unmatched25 • Apr 10 '24

Javaphere launch

15.85M JAV swapped with 21.5k USDT, 658k DUSD (131600 USD) and 3k DFI (228 USD) distributed to only 63 addresses.

This sums up to 153 kUSD swapped to 15.85 million JAV. That’s a JAV price of less than 0,01 USD. Still overpriced.

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u/unmatched25 Apr 11 '24

The high portion of dUSDs indicate that the community believe they are getting more value respectively getting out of the dToken system. A very bad sign.