Post
Topic
Board Altcoin Discussion
Re: My take on DeFi bounties
by
ryap12
on 30/09/2020, 15:02:42 UTC
Almost 99 percent of DeFi projects in bounty section are scam, you can say I have no prove but this is just my normal thought.

1. Why are almost all bounties released today DeFi projects?
2. Most of these projects have no information about team
( They are complete anonymous)
3. Majority of them are rushed, you can judge merely looking at website domain and designs
4. There are some that based on Uniswap wannabes


You can't compare these projects with real DeFi projects like introduced bounties like Oikos, Lattice, DIA, and few others, my advice is to be extremely picky after doing research

Can't agree more. It is very tempting though to participate in all these DeFi-related bounties as we cannot identify which of these project will last long. Even in airdrops right now, like 95% of the airdrop offers are related to DeFi. A lot of my friends have been participating hoping to get some nice profit. I on the other hand have become too lazy to participate airdrops.