DIAMOND PEPES PTY LTD. ANNUAL REPORT (2022)

DIAMOND PEPES PTY LTD. ANNUAL REPORT (2022)

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DIAMOND PEPES PTY LTD. ANNUAL REPORT (2022)

With the Two Thousand and Twenty Second Year after the death of our lord and savior Jesus Christ coming to a close, the CEO thought it would be the perfect opportunity to reflect upon the achievements of The Company (of which there are many) and the space as a whole. This year has arguably been one of the most turbulent periods in Cryptographic Currency history in terms of price action, emotional trauma, but most importantly in development.

CEO’S FORAY INTO THE CRYPTOGRAPHIC CURRENCY SPACE

Picture this.

You are a budding young scholar completing their thesis at university in the hopes of hopefully earning slightly above minimum wage at a dead-end job to one day earn enough money to pay off education-related debt whose accrual was a prerequisite of earning money in the first place.

“Oh, CEO, that doesn’t seem fair”

That’s how the system works kiddo; deal with it.

As a little escape from reality, you, as a scholar with debilitating autism and a yearning for knowledge in things which must be as unrelated to your current career path as possible, recall your Waltonchain GMN from 2017 which was once worth hundreds of thousands of dollars.

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You look at your wallet again. It is no longer worth hundreds of thousands of dollars.

Bollocks.

Regardless, you remember the thrill of future financial freedom you felt as the blockchain-based supply-chain giant takes pictures outside China Telecom Offices and the coin surges hundreds of percentage points. What if, just maybe, cryptographic currencies were your one-way ticket out of poverty and a way to not wage slave away for the remainder of your (my) miserable existence?

Engage Operation: Cryptographic Currency Turbo Autist with haste.

CEO DIVES A LITTLE DEEPER

So you, as a budding scholar, spend hours upon hours reading about these little tokens and so-called protocols. You immerse yourself in understanding how these protocols function, how tokenomics act as incentive systems to guide intended user behavior, and how a robust community in many ways are the lifeblood of the success of a protocol.

You stumble open a little options protocol called “Do Pex” or whatever it’s name is. You apply your above framework.

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“Yeah nice options and shit, DeFi, Diamond Frogs - right on. Surely this is an easy 10x?”

Sometimes investing is really that easy (NFA).

CEO GETS SIDETRACKED

Now whilst the CEO was incredibly interested in DeFi, there was an aspect of Cryptographic Currencies he absolutely could not wrap his head around.

“NFTs? What in GOD’S name is an NFT. If I wanted a dogshit JPEG ape I would pick up my pupperino’s shit in my barehands and clap it into the shape of a DAMN 200 ETH monkey”

The usual thought process for any Crypto midcurve Turbo Autist that believes they can calculate PE ratios as an appropriate valuation for a DeFi protocol.

Alas, CEO’s new DeFi focus (so-called “Dopex”) was now entering the NFT space with a nice little project called “Diamond Pepes”.

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Now a bit about the CEO.

He loves diamonds.He loves animals (frogs are animals)He loves pepes (he is a turbo autist)He loves DopexHe literally does not understand NFTs in the slightest.

Now these so-called Diamond Pepes were a free mint where anyone could deposit rDPX-ETH LP tokens for the opportunity to get a Diamond Pepe NFT for free.

As one that is not likely to pass up something which is free, CEO deposits his LP tokens and waits.

Little did he know, his life was about to change forever.

CEO REVEALS HIS NFTS

Now CEO’s deposit of rDPX-ETH LP tokens and subsequent minting of 2 (two) Diamond Pepes was the first time he had ever LPed and also the first time he had ever minted an NFT. It was an eye-opening experience for someone who had always been more of a passive reader and observer to actively participate in a cryptographic currency event.

When CEO’s two mints were revealed, he was greeted with what could only be described as an absolute abomination.

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Who in GOD’s name signed off on these images? I was expecting an actual PEPE not this putrid BEAST!

Now, as a savvy understander of market mechanics, the value of an NFT is derived by the value assigned by market participants. Mayhaps if CEO were to say the value of these NFTs was actually in the orders of hundreds of Ethereal Dollars, price action could manifest itself based on these stated prices.

With this in mind, the CEO began his journey of High Quality Diamond Pepe reviews, all carefully documented on the so-called “Bird App”.

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Those bags aren't going to pump themselves.

CEO BECOMES CEO

One thing led to another and CEO’s pepe reviews began getting a bit out of hand. He lay in bed his thesis close to completion, thinking about the ways he could leave the inescapable rat race that is life.

He receives a notification from account named “Tik Tok Chad” or whatever. Wait a minute. Isn’t this the lead intern of so-called “Dopex”. Don’t team members never DM first?

My god. My first victim of an elaborate socially engineered scam? Mommy please send help!

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Wait. What’s that? Web 3 work?

Intriguing.

And with those 7 words, the CEO’s life changed forever.

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He was now officially the CEO of Diamond Pepes Pty Ltd. and the boss of all of you, my beloved Employees.

CEO HAS NO IDEA WHAT HE IS DOING

Now, you might be thinking.

“Bro this bloke literally just posted Diamond Pepe reviews from his account with 12 followers and got like 3 likes at a time how in God’s name is this idiot the CEO (and also my boss)?”

I’ll be honest.

I have no idea what I’m doing.I have no idea how I got here.I have no idea where my life is going.

I just know that I am the CEO of Diamond Pepes and now (officially) the greatest man in the world.

With this in mind, the CEO began his journey of reading about what the devil an NFT is and dedicated his time to engage in some so-called “marketing” for Diamond Pepes to push the movement forward.

CEO ON COMMUNITY

One thing that separated Dopex from other protocols that CEO was surveying was its organic community that accommodates individuals both left and right of the proverbial bell curve. Whilst other communities are one-dimensional in design where people drop in purely for product-related updates or to offer their high quality marketing suggestions, Dopex is truly a city of its own.

We have people of diverse levels of experience and skillsets with the one unifying trait being the willingness to help others understand not just Dopex and options, but navigating the Cryptographic Currency space as a whole. Beyond this, people engage in high quality discussion about the day-to-day, about their hardships, about their achievements, about life in general.

In many ways, Dopex has embodied the central tenets of the metaverse without actively trying to do so.

You see, Dopex is bigger than its protocol. It is a community where Cryptographic Currency enthusiasts can come together and talk about anything, crypto or not.

Digital economies, digital communities.

CEO ON THE SPACE

Now it was a few months into the CEO’s CEOship that the market began to go to shit.

Luna.3AC.Various other so-called cryptographic currency platforms’ deceptions coming to light.

Now, before the CEO’s OFFICIAL role as leader of Diamond Pepes Pty Ltd. (and now also its various subsidiaries including so-called JonesDAO, PlutusDAO and of course the silly Sami’s), CEO would be trembling in his boots and checking price action every 15 minutes thinking “why did you not sell you silly bean”.

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Now that he is involved in the space, he felt no such anguish.

You see, when you are an active player in the Cryptographic Space, you have one of two options.

Do you take the red pill and treat Cryptographic Currencies as a way to financial freedom with the incredible gains that can be capitalized on with a disregard for the underlying technology?

Or do you take the blue pill and treat Cryptographic Currencies as a way to financial freedom with an understanding that it is the technology that drives the financial freedom rather than the gains?

The notion of financial freedom is multi-faceted.

In the red pill scenario, you earn enough money to not have to work another day in your life. Cryptographic currencies can set you ‘financially free’ in the sense that you do not have to continue working for money.

In the blue pill scenario, you understand that the current financial infrastructure is one that is lacking in transparency, overzealous in centralized controls, and opportunistic in its treatment of users. Cryptographic currencies are required for financial freedom in the sense that you are no longer reliant on these so-called “TradFi” institutions and can, in essence, own the infrastructure that you are using free of these diseased custodians.

With the recent fall of FTX to top it all off, red pillers are probably in disbelief. Blue pillers on the other hand understand that this is the exact scenario that decentralized and transparent networks can protect against.

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There’s no harm in taking both pills, Employees, but remember which pill is more important.

CEO ON DEFI

For those readers that are not too familiar with DeFi, it refers to the plethora of protocols that aim to replace centralized financial institutions such as exchanges, lending markets, and option platforms. Deposits are non-custodial meaning funds are held on smart contracts with verifiable and transparent logic that cannot be accessed by the contract owners.

Centralized alternatives such as FTX are so-called ‘black boxes’. You deposit your funds on the platform and are credited with values that allow you to transact. Do your funds actually exist on the platform? Recent developments obviously demonstrated that this is not necessarily the case.

Now you might hear a lot of non-crypto native people conflating the fall of FTX as a fault in DeFi but this logic is completely inaccurate. Rather, it is DeFi itself that could have prevented this exact scenario from occurring.

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Do not yield to these silly beans but use this as an opportunity to educate them!

Unfortunately, DeFi remains in early stages, with existing protocols having certain limitations that do not allow them to be utilized in a meaningful way by non-native investors or traders. However, as we continue to innovate and build upon these limitations, CEO has immense faith in so-called “DeFi” to change the world for the better.

SBF and all advocates for CeDeFi can engorge themselves on the entirety of my cock and balls.

CEO ON DOPEX

CEO actually rarely talks about Dopex since he likes to keep the limelight on Diamond Pepes, the ecosystem’s parent Company and also the greatest Company in the world.

However, let’s take a minute to share some musings about Dopex that sets it apart from other protocols (other than the community which the king has touched on above).

One of the main differentiators is definitely the team’s (notably the intern dz something or other; don’t recall his name) understanding of composability and their ability to innovate on existing DeFi protocols.

Options are a notoriously difficult subject to understand for retail users and this creates a far larger barrier of entry compared to say perpetual exchanges or lending markets. However, the introduction of Atlantic Options allows users to combine the above protocols with Dopex options in a seamless experience that provides great value to users on all platforms. This provides value to options without users even knowing they are using options in the first place.

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CEO believes that as our suite of Atlantic Products are fully released, there is little question that Dopex will have some of the most powerful integrations in the Cryptographic Currency space as a whole.

From the perspective of internals, CEO believes that Employee motivation is crucial for the long-term and continued success of a protocol.

There are a lot of protocols in the space that start development with an idealistic view of its success and when this success is not achieved, contributors may be disheartened which shows in the quality of their work. Not once has there been any uncertainty about the future of Dopex expressed by my dear underlings and it is this mentality that CEO believes will be the driving force to Dopex dominion.

You see, in a space where anonymity is the norm, you can only judge your peers from their outputs. CEO has absolute faith in the Dopex team to continue putting out and he is grateful that he can lean on each and every one of his little nuggets to create the greatest decentralized options platform in the world.

CEO ON DIAMOND PEPES

Now what annual report would be complete without a little meandering into the realm of Diamond Pepes.

With the hampering of our Gen 2 mint by market conditions, the CMO and CEO dynamic duo will continue to run 2023 back turbo with a full year of elaborate rug pulling, event holding, and generalized autism.

From an administrative update perspective, we have just received the full rarities for our pledges and should be sending them out in the following weeks following the NuSanta mint. This will be followed by the Nu Pfp mint courtesy of our dear 0xMinistry before we make our ways towards release of the standard dueling ecosystem which we aim to pivot Diamond Pepes fully towards.

Of course, this will be no easy task so perhaps we will need to expand the Diamond Pepes staff by a few more Employees.

“Bla bla bla Administrative Updates bla bla bla”

CEO wholeheartedly agrees, my dear Employees.

Taking these last few paragraphs to give a shout-out to all the boys - nay, the men - of #water-cooler-talk for truly being the backbone of the Dopex community and becoming our own little ecosystem within the Dopex Discord. CEO can safely say that this journey into the Cryptographic Currency space would not be the same without each and every one of you guys and he truly appreciates your presence on the daily.

CEO loves you all.

EMPLOYEE OF THE YEAR - 2022

He brought us Dopex.He brought us Diamond Pepes.He brings us coffee.

Diamond Pepes Pty Ltd.’s Employee of the Year goes to none other than our beloved intern whose name once again escapes my memory!

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The Company is grateful for all you have done for this fine institution. Whilst your position is still temporary, we are really looking forward to furthering you in your career.

Keep it up, champ!

_Before the CEO signs off, our dear CMO so-called “Bulmutt” would like to leave some words for our doting Employees:

DIAMOND PEPES DIAMOND PEPES DIAMOND PEPES DIAMOND PEPES DIAMOND PEPES DIAMOND PEPES DIAMOND PEPES DIAMOND PEPES DIAMOND PEPES DIAMOND PEPES DIAMOND PEPES DIAMOND PEPES DIAMOND PEPES DIAMOND PEPES DIAMOND PEPES DIAMOND PEPES DIAMOND PEPES DIAMOND PEPES DIAMOND PEPES DIAMOND PEPES

-Bulma, c. 2022

Truly incredible.

It’s been a big year my beautiful little nuggets and there is so much to be excited about in the Diamond Pepes Pty Ltd. ecosystem in the not too distant future. The team would like to wish you all an exceptional new year where we will build on towards bigger and better things.

As always, a booba, a groppa, and a nueenis until next time, my dear Employees.

Warm regards,

NutoroCEO of Diamond Pepes Pty Ltd.CA CFA MBA MD PhD LLM

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Let's pump those numbers up, Employees!

About Dopex

Dopex is a decentralized options protocol that aims to maximize liquidity, minimize losses for option writers and maximize gains for option buyers — all in a passive manner. Dopex uses option pools to allow anyone to earn a yield passively. Offering value to both option sellers and buyers by ensuring fair and optimized option prices across all strike prices and expiries. This is thanks to our own innovative and state-of-the-art option pricing model that replicates volatility smiles.

📱Stay Connected

Follow our official social media accounts and visit our website to stay up to date with everything Dopex.

🚨IMPORTANT

Be careful of fake Telegram groups, Discord servers and Twitter accounts trying to impersonate Dopex.