/biz/ - Business & Finance

the main problem with this is that it was around 50 usd and Jollen went with an idea from a PHP dev called DK in the TG to carbon copy YFI model.
originally it was 200k with 20k to investors and 20k to team, then jollen changed it to 20k (pic related).
therefore... you got about 400 wallets that bought in at 100 to 250 range thinking the marketcap was around 2-4 millon, when in reality it was 10x that at 20 to 40 million when it peaked.

and that gents is why you have these threads full of retards that bought in at 10x what they should have done.

desu you could sue over this