$JADE recently presented their take on a DAO’s “Backing Price” with the introduction of $JADE’s “Price Floor”. SmartCoin (JadeProtocol) attempts to revolutionise the current widely accepted DAO “Backing Price” concept which they claim is “bullshit” — Einstein’s words not mine, but I must say that I do agree. In order to achieve this, JadeProtocol introduces the concept of a “Backing Treasury”, which is simply a portion of the total treasury set aside for the purpose of conducting $JADE buy ba...