The Jade Protocol is a DAO (Decentralized Autonomous Organization).

JADE owners can stake their JADE with the Protocol which deposits the JADE into a community treasurey that is also run by the Protocol. Assets in the treasurey are then used to make more money, which is dispersed back to stakers through a very high APY rate.

The current APY for staking JADE is at 6.6 Million % and it bounces around extremly high numbers like this.

Yes you heard me correctly, 6.6 Million % APY!

Here is a Jade Protocol promotional image.

The Big Air Drop

The team at Jade Protocol has been talking to memebers and promising an air drop of 3.3 million in BUSD, straight into the wallets of about 25k JADE stakers who qualify by remaining staked for the last week during this horrible dip.

Everyone was looking forward to this nice little reward and today came, but no BUSD was dropped into any staker wallets. This set off a fury of anger on Twitter, and the Discord group.

JADE Leadership explained that it was merely a technical difficulty, and that the Air Drop will happen tomorrow instead.

Here are some very funny complaints, and responses today for your enjoyment...

Dump It

In this post, a staker threatens to pull out 200k in JADE and sell it off. One of the project leaders responds with 2 words...

The Air Drop Bot

There were so many people asking, when and where is the air drop? That the JADE team created a bot in Discord named, "Wen Airdrop". The Wen Airdrop bot will respond any time anyone mentions the word "airdrop". The Bot will auto respond by telling people where to find more info about the late air drop. Someone asks after, "where lambo?" LOL, dont talk dirty to me.

Divorce Time

In this final example, a husband and wife investment team are arguing about the late air drop. The JADE team respectfully reccomends DIVORCE!!!! LOL!

Having lots of Fun

The Jade Protocol Community is a lot of fun and there are plenty of interesting surprises. This is not financial advice, but rather, good entertainment!

The late air drop is a let down, but it was free money for taking part. So it is wise not to let such things bother us too much.