Farewell, $RJUAN

NeftyBlocks
2 min readNov 14, 2024

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After weeks of exploring ways to expand mining activities and build utility for the $RJUAN token, I’ve concluded that continuing the project isn’t viable. With fewer than 30 holders owning $10 or more in $RJUAN, the community is simply too small to sustain. The effort required outweighs the impact we can make.

Instead, I’ll focus on projects like NeftyBlocks, LaunchBAGZ, and WaxOnEdge, where I believe I can bring more value to the WAX ecosystem. Rather than letting $RJUAN fade, I’ve decided to formally retire it.

What’s Next?

Effective immediately:
- Trading of $RJUAN is no longer available on NeftyBlocks, which held the majority of liquidity.
- The on-transfer fee has been removed.

A final snapshot of all $RJUAN holders has been taken across the WAX ecosystem, including NeftyBlocks pools, Taco, Alcor, NeftyBlocks blends, WaxDao farms, and Miner NFT holders.

To Our Supporters: How to Prepare for Compensation

We’re committed to ensuring our supporters are fairly compensated.

Please complete the following steps by November 22, 2024:

1. Redeem any liquidity NFTs you may have.
2. Remove liquidity from NeftyBlocks pools, Alcor, and Taco (use the WaxOnEdge wallet).
3. Unstake tokens from $RJUAN farms and claim all rewards.

Then, send all of your $RJUAN tokens to `rjuantracker`, ensuring the amount matches the one stated in the provided Google Sheet — no memo needed.

Compensation Details

After the November 22 deadline, we will distribute compensation to all holders with a balance of 10 or more $RJUAN, based on the final snapshot:

- 2.5 billion $WUF
- 28,254 $WAXP
- 1.5 billion $WUF shared among the Miners holders
- 100% of the remaining liquidity recovered from the NeftyBlocks pools with $RJUAN sent to `rjuantracker`

Our goal is to cover at least the current market value of your $RJUAN, plus a little extra.

For miner holders

You can start redeeming your $WUF allocation directly through a NeftyBlocks blend.

Thank You for Your Support

To all our supporters: Thank you for believing in $RJUAN and being part of this journey. I’m grateful for your understanding as we bid farewell to $RJUAN.

Farewell, $RJUAN.

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NeftyBlocks
NeftyBlocks

Written by NeftyBlocks

Making tools to simplify managing collections on the WAX Blockchain.

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