After the success of yearn finance, scammers now targeted DEFI and trying to scam the investors by offering lucrative return. But most of them are scam.
Bounty manager has fault aslo, why he did not have research on the project before he brings the bounty in the forum?
how many of "Defi projects" exist with the same name, yearn, yield, finance... I have a feeling that a new one appears every day. Is it so hard to create a new unique name?
I checked his website, judging by what I can see there, it is probably created to collect some money and go away with them. Presenting this as a serious business with a website made in an hour. I haven't enough free time to read the whitepaper but I would be surprised if something meaningful is written there.