VampireOfCrypto, a long-term member of the Jade Protocol, has suggested that the decentralized autonomous organization (DAO) liquidate its $31 million treasury and distribute redemption to token holders. Jade Protocol is an investment group that seeks early cryptocurrency transactions. Its JADE tokens are traded on the Avalanche and BSC blockchains and are currently the entry ticket to the community. According to the "dissolve DAO" call released earlier this week, JADE tokens will be liquidated. The long-term member stated, "DAO poses significant investment risks to all token holders and should be closed, with all treasury funds immediately distributed to all token holders, which is a win-win situation for everyone."
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Jade Protoco members call for dissolution of DAO and liquidation of its $31 million coffers
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