C. Juggz Financial has taken a significant stake in:
$LABS - from @EpicentralLabs at 350k mcap. Amazing r/r, and is a veteran in the DAO scene lining up w/ current meta
Narrative breakdown:
-First mover Options Trading infra on Solana via #OPX (we saw perps but not options trading). Only protocol building options infra
-Team: Heavy finance background + Solana DAO OGs. They've been working on this product for over a year
-Established and sophisticated DAO; not just hopping on the trend, they've been advocating DAO structure for a long time
-RST (Revenue Sharing Token) model with $LABS. Mechanism that allows DAO members to realize gains without giving up equity
-Legally filed/registered as DAO LLC in the State of Wyoming, USA by the name of "Epicentral Labs, DAO LLC")
-Revenue exposure of options volume via $LABS
-Good network within Solana (been reposted, on the radar)
-Partnered and acknowledged by @PythNetwork
TLDR; DAO Meta + Building fullstack first mover tech (options trading) on Solana. Stacked team with great network and partnerships. Infra revenue shared with $LABS via RST
Amazing amazing R/R
Roadmap:
Show original


7.6K
29
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.