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I was initially going to leave this one out but I'll throw it in. Through a few hops, we can trace MIR coming from the official TFL wallet to this address. https://finder.terra.money/mainnet/tx/EEC795BF502C08C5092594B68AB1333E925D43F215ADD53EAB9CA63D761126C3 … In batches, they are dispatched to this Ethereum wallet. https://etherscan.io/tokentxns?a=0x1090258Dd4AF971adccf0b465bF770E3f0e0A940&p=5 … (13/19)
This address then uses the MIR to farm more MIR. What do they do with all of it? It appears they are dumping on you: here are tons of transactions to and from Binance and KuCoin from that wallet. (14/19)https://etherscan.io/token/0x09a3ecafa817268f77be1283176b946c4ff2e608?a=0x733c5570597e609c796399333f0a176e444386ee …
I have a lot more, but I won't bore you with all of the analytical details. I might post an article later explaining all of it. The links go deep, and there are thousands of transactions to go through, but it's all there waiting to be unearthed by whoever cares to look. (15/19)
This blockchain evidence corroborates much of what the employee currently working at Jump told me, most of which I cannot reveal for now, but I assure you that it will (fingers crossed!) all come out in due time. Now, let me tell you what these red flags suggest to me. (16/19)
It appears to me that Mirror governance is a sham. It appears that the reason Mirror dev proposals get voted in so fast is because TFL and TFL-related entities secretly control most of the Mirror governance power behind the scenes without any proper disclosure. (17/19)
It also appears that TFL & Jump have been working hand in hand to pull capital out of the Mirror ecosystem without fair disclosure to retail investors who were sold on Mirror being a fair, decentralized Vanguard-esque alternative for their stock market savings. (18/19)
These are my own thoughts and extrapolations derived from the given data, and I believe any reasonable, neutral person will come to a similar conclusion. I suggest that people examine the data and draw their own conclusions wherever possible. Thank you for reading. (19/19)
Ust is totally a scam ser, incentives for crv pool is the exit way for the trash ponzi. Mirror didnt need jump and dk for being died, delta neutral strategy made the mir token endless dumping
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