Post
Topic
Board Altcoin Discussion
Re: Dextrust:::Another Scam Waiting To Happen:::Or:::Not??? You Decide
by
suzanne5223
on 17/09/2020, 16:02:32 UTC
According to the information the OP gathered about the project in the subject I think tagging the project as a scam is not justify just because they didn't provide the team information and the last time I check there is a couple of crypto project in the market now especially the Defi project which mostly doesn't provide information about their project team but they didn't launch another initial offering.
If the project subject launches initial offering then it can be a scam awaiting a project.
just as another member already pointed out to you, they held an initial offering which I think was held on uniswap where they raised 4000 eth, out of a total of 4000 eth raised, they claim 3000 eth is locked permanently on uniswap forever and they can never have access to it or touch for any reason, i enquired from them why is this and what for, they said it's a liquidity pool, that the locked 3000 eth will be used to make sure that liquidity never goes out of DETS token.

As good as that may sound, i absolutely don't believe it, check the token on coinmarketcap, it has been dropping in price everyday by day.
Altcoin market are highly manipulated mate and the issue of the 3000ETH locked is already explained in this https://t.me/DextrustCommunity/4976 which Coin-Behind-You sent to me but I believe the 3000ETH which was permanently locked on uniswap of for LID policy which is for  Liquidity dividends protocol used by uniswap to certified the project presale and also to curb the project from rug pulling and exit scam.
According to my research about the project link is on here.