Risk Management 101: Keeping Powder Dry

Yo, fellow Treasury wizards!

Buckle up, 'cause I'm about to drop some hot takes on this Kujira clusterfuck.

So, the big news this week is Kujira getting gobbled up and bailed out faster than you can say "rug pull." Now the higher-ups are yakking about whether we should throw our hat in the ring to save these poor bastards.

Here's my two cents:

First off, let's get back to Investing 101: What's our endgame here? Are we trying to 10x our stack or just keep our powder dry? 'Cause if we're swinging for the fences, we gotta be ready to eat some serious shit sandwiches. But if we're playing it safe, then we better keep our hands off anything riskier than T-bills.

Remember, The Treasury ain't exactly gunning for moonshots right now. We're not here to ape into every half-baked meme coin hoping for sick gainz.

Now, about this Kujira shitshow:

1. Props to their PR team for not completely shitting the bed during this dumpster fire. These guys know how to build DeFi shit, I'll give 'em that. But let's be real - something smells fishier than last week's sushi. Six months ago, these clowns were sitting pretty with a $0.5B market cap, and now they're begging for pocket change to cover their ass? Yeah, I'm gonna need to see the receipts on that one.

2. WTF is up with this deal they struck with JP Thor? We're supposed to believe a $50M project is selling out for a measly $3M? That's like trading your Lambo for a used Civic, my dudes. They're ditching their own blockchain, throwing their validators under the bus, and leaving hodlers holding their dicks. This deal stinks worse than my gym socks after leg day.

Bottom line: We're flying blind here, and there are more red flags than a Chinese military parade. Our current strat says "hell no" to touching this with a ten-foot pole.

But hey, I'm not totally heartless. These Kujira bros have been solid players in the past, so maybe we throw 'em a bone. I say we make some tiny-ass symbolic transaction - just enough to show we're rooting for 'em, but not so much that we'll be eating ramen if it all goes tits up.

Anyway, that's my hot take. Feel free to roast me in the replies if you think I'm off base.

WAGMI (maybe)