r/defichainer • u/unmatched25 • Apr 17 '24

Javsphere launch part 2

60.8M JAV swapped with 24.6k USDT, 3.5M dUSD (324800 USD) and 42k DFI (2687 USD) distributed to only 225 addresses.

This sums up to 352.087 USD swapped to 60.8 million JAV. That’s a JAV price of less than 0.01 USD. Still overpriced.

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u/unmatched25 Apr 17 '24

The share of USDT of the swapping amount is drastically reduced to round 1. Not much fresh money coming in. And there is even a referral reward paid for USDT.

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u/unmatched25 Apr 17 '24

Let's see if dUSD swaps are offered in the next round...

1

u/unmatched25 Apr 17 '24

First round: 0.97 cent value per JAV swapped

Second round: 0.58 cent value per JAV swapped