Join the Jade cult and get a slice of ~$30m in airdrops.

Yes, we’re creating an “ethical cult.” Introducing: 3,3,3.

The 3,3,3 Constitution

For the first time ever, a fork of OlympusDao will be incorporating cash incentives to push the entire community to “3,3.” If you’re not familiar with “3,3” — it simply means: buy $JADE, then stake it, and then don’t sell $JADE.

Simple? Good.

Here at Jade, we’ve added an additional “3” to signify the 3 steps:

Step #1: Buy $JADE here.

Step #2: Stake $JADE here.

Step #3: Don’t sell $JADE.

Abide by these simple rules, and you’ll be given a distribution of a weekly prize ranging from $1m BUSD to $10m BUSD.

3,3,3 and you’re gucci.

(We’re aware the last “3” doesn’t really make sense, but it’s catchy. Cultenomics baby.)

The amount of $BUSD you are airdropped is directly proportional to how much $JADE you have staked. We are not doing an equal distribution because users would simply spin up a bunch of wallets and game the system.

EFFECTIVE IMMEDIATELY (3:33pm PST, Dec 8, 2021):

Any wallets that sell or unstake $JADE are immediately disqualified from this week’s airdrop list. This is a zero tolerance policy.

There are two important times to be aware of:

1. Every Wednesday at 3:33pm PST, a new weekly airdrop will begin. Prizes will range between $1,000,000 — $10,000,000 $BUSD per week. Winners from the previous week will be able to claim their airdrops at https://jadeprotocol.io/#/airdrop after an announcement is made on Twitter.
2. To qualify for an airdrop you must a) already be staking $JADE, or b) buy your $JADE within the first 72 hours of each weekly airdrop event (ends each Saturday at 3:33pm PST)

Stake and chill.

(the game is easy)

Buy and stake your $JADE and then do nothing. Do this and you’ll get cash in the form of $BUSD airdropped every week. It’s as simple as that.

If you make a mistake and accidentally unstake or sell, you’ll miss out on the week’s airdrop. However, every 7 days, once the timer hits zero, a new game begins where you’ll get a shot at repairing your wallet’s reputation and receiving an airdrop.

$BUSD rewards… not $JADE

You’ll notice that the airdrop rewards are given in $BUSD and not $JADE. This is intentional and to the benefit of the entire community.

Airdropping millions of dollars worth of $JADE would inflate the circulating supply and potentially cause a dump event. However, by airdropping $BUSD, we add fresh cash into the ecosystem which you can think of as a “stimulus check.”

You can do whatever you want with that money. We recommend buying and staking more $JADE, but it’s entirely up to you.

Bond or buy?

Up to you. Either option is fine, and you’ll have to weigh the risk/reward yourself. Both options (buying/bonding) will keep you in “3,3,3” unless you sell $JADE.

“JADE Hand” status

By the end of the 3,3,3 game we expect to airdrop anywhere from $10m to $30m+ in $BUSD.

Users who 3,3,3 the longest will receive the most preferential “Jade hand” status. With this status, your wallet will be whitelisted for the pre-sale of our upcoming billion (trillion) dollar idea: the Fair Launch Foundation.

For those unaware, the Fair Launch Foundation is our end-game. We hate VCs, rug-pullers, and insiders. Crypto was supposed to break-free from the shackles of hierarchal structures. Yet, it’s still controlled by the elite.

Fuck that.

The Fair Launch Foundation will be a decentralized VC Fund for the people, by the people.

The Naughty List

(don’t get blacklisted)

Large sell orders hurt the ecosystem and create FUD. Anyone selling $JADE “irresponsibly”, meaning more than $10k at a time, will be blacklisted from all airdrops (including $FLF).

Why give irresponsible sellers who don’t understand how to dollar-cost-average OUT of a position any benefits? We understand people want to sell, but when someone does a mega-sell all at once, they’re hurting the ecosystem and creating FUD.

No protocol has punished sellers like this before, so it’s a test in game theory and community efforts.

If you really want to sell, do so with smaller amounts at a time. This promotes a healthy ecosystem.

And the final announcement…..

Week 1 airdrops for 3,3,3'ing? $3.33 million in $BUSD.