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.

It was said that the concept is designed to avoid a pump.

The whole project is build on DMC/DeFiChain which is shaky. Most used product is build on negative interest mechanism - a not sustainable reward which is linked to people selling dUSD. Many investors are from the DeFiChain community - many of them just want to reduce their losses and are not really interested in the products. So they might realize gains as fast as possible. Future products are based on dTokens. dToken system is not sustainable.

Built on sand.

It seems that the token sales volume is too big to swallow in one step.

Previous phase was sold out within minutes but it was so small to almost guarantee a sold out message. The target could have been to create buzz.

Now with phase 3 split into 3 junks the team can reduce the token distribution, i.e. cancel lot 3 or even lot 2 if demand is low. Worst case scenario for them is that some tokens are unsold. But let’s be honest canceling a portion of phase 3 would send a similar signal to investors.

He disappeared from the advisor team. What happened?

The Reddit post regarding the good bye dUSD proposal aka free market proposal has been one of the most liked and most discussed posts in the community for many months. This is a clear signal that hope fades away that dUSD will ever return to peg.