Jade Protocol (JADE) news

Jade Protocol

Hope you all had a great week so far! @Aquachoc @Zeal Iskander @jonray and I are excited to be hosting the AMA tomorrow to go over all the details of the bonding event. This will include a walk through of the bonding UI as well as a live Q&A. This event will be hosted in the Live-Voice-AMAs channel under the "Upcoming AMAs" category.  The event will begin at Saturday, July 9, 2022 1:00 PM (date and time automatically adjusted to your timezone).

I also wanted to announce a few more important updates:

1. sJADE bridging will be retired soon, if you have sJADE on Avalanche please read below.
We had originally implemented sJADE bridging as an easy way to move staked assets cross-chain without needing to unstake, however we have now realized that the sJADE token was previously implemented in a way that does not allow for the flexibility we need for future staking functionality. @Aquachoc has deployed a new upgradable staking contract on Avalanche which affords us virtually unlimited options for future staking benefits. This contract is based on the Vector Finance staking contracts which are highly composable. This means we will have a brand new sJADE token on Avalanche. The new staking interface is not yet live on the website, so please do not attempt to find and/or interact with the contract directly. For now, we are asking that all users who have sJADE on Avalanche, bridge their sJADE back to BSC using bridge.jadeprotocol.io. Once sJADE bridging is disabled (in ~1 week), we will manually airdrop JADE tokens on BSC to the users who were unable to bridge sJADE back to BSC in time. The old sJADE token will be retired and the new one will take its place. We apologize for this inconvenience, but it is something that needs to happen on a relatively short timeframe before new JADE is minted as a result of the bonding event.

2. We will have an AMA with Kevin on Sunday, July 10, 2022 1:00 PM (time is auto-adjusted based on your timezone). 
If you would like to participate in the AMA, you will need to have at least 1 sJADE in your wallet and then connect with 👛｜collabland-join. This will be a text AMA in the channel ama-kevin-july-10. As always, you can submit questions via the google form up until the morning of the AMA.

3. New website updates will be pushed by Monday prior to the bonding event!
@Zeal Iskander has put in a lot of time updating our website and improving our UI/UX. We have also re-worked some of our styling to be more consistent with our new branding guidelines. The bonding and claim pages were all created from scratch based on our design teams initial drafts, so they will be a bit different from what we previously had when we were an Ohm fork. We also refined the design further based on feedback that we received during beta testing. I am really excited for you all to finally get to see the finished product next week 🙂

4. New NFTreasure role in ✔｜verify-role-select
The @SMRT and @SMARTAN roles have now been removed from role select, and we have added the @NFTreasure role in their place. Everyone who previously had a SmartCoin role will retain those roles. If you are interested in viewing the @NFTreasure channels, you will need to go to ✔｜verify-role-select and react with the 💎 to get the role.

See you all tomorrow for the AMA!

Your JLP *MUST* Be Removed From SmartCoin.farm + JADE Bonding Event AMA

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If you still have liquidity tokens (JLP) deposited at Smartcoin.farm, you HAVE TO withdraw these tokens in order to use them for the Avalanche bonding event. If you do not withdraw them, you will not be able to bond. 

Please watch the following video for full instructions on how to withdraw these JLP tokens into your wallet.

https://www.youtube.com/watch?v=NiD48zrzWjQ

DO NOT REMOVE YOUR JLP FROM TRADERJOE, BREAKING JLP WILL RESULT IN LOSS OF YOUR DIAMOND TIER.