Three years ago I came up with DAOLama - the name, the idea, and I brought the team together. Today, my journey with this project is over.

Briefly, how we got here. On top of DAOLama, my partners launched separate ventures - Stars purchases and GTC - that I had no part in, and my stake in the project was diluted. I kept working and tried to reach an agreement, but no. Meanwhile, you saw for yourselves how the service performed over the past months - access to the servers and keys was concentrated in the hands of one person, and user issues sometimes went unresolved for days. Recently, the admin rights on the smart contract were transferred unilaterally, without my consent. I no longer have access to the product.

What users should do:
- Repay your active loans and withdraw your liquidity - it will be harder to do later.
- I can no longer be responsible for how the service operates going forward.
- The token, the NFT collection, and the project treasury were taken under the pretext of “security.” I have shared my wishes on how the remaining assets should be handled - a buyback of the token and the NFT collection, and a fair distribution of whatever is left. What actually happens, I don't know - you can track the funds through a blockchain explorer.

Thank you to everyone who was here these three years. It was a huge part of my life, and I'm proud of what we built. I've decided not to fight over what's already been taken, but to invest myself in something new. I'll share more soon.

One more important thing - I'm looking for liquidity for the new product. Message me if you're looking for a place to move your funds from DAOLama or want to back the new project.

👎🏼 to gloat, 👍🏼 to support