GM 💰 If you’re wondering why monthly @MagicEden payouts to $ME stakers are so low, it’s because they don’t include @DiceyHQ revenue 🚨
❗️Basically, they used the money that they’ve made from fees on ME platform to launch a new company in order to avoid sharing their revenue with people who trusted them and staked their ME tokens
‼️ They even have the same employees, some of them work for both ME and Dicey…
🚨 This is a well know extraction tactic that many companies, not only in crypto, use to circumvent existing arrangements in order to avoid sharing profit
⚠️ Let’s not forget that the initial deal was for people who staked ME tokens to be rewarded with more ME tokens, not with USDC from shared revenue
🚩 They keep changing the rules, yet they refuse to let people UNSTAKE their tokens!!
If tokens cannot be unstaked, because of the way token contract was launched, then they should airdrop ME tokens, from their own supply in 1:1 ratio, so that people could move on too
Oh I almost forgot, to make their payout look better, they started adding 3 digits for cents 😂 Who even does that? Who’s their accountant? Ridiculous.
