Post
Topic
Board Altcoin Discussion
Re: Be careful around massive APY projects
by
Lanatsa
on 07/04/2022, 21:54:20 UTC
Stay away from projects with insanely high APY, 100,000% to 500,000% APY, you knew what I'm talking about, Titano, Safuu and others, invest but learn to back your initial investment first, all these defi projects are practising ponzinomic scheme. The latest is Safutinano, just know what you are doing.
Everything which is really that too good to be true will really be giving out that kind of feeling that something is off and if you are aware on this market scamming projects and activities then you would really be able to point

out for yourself that this is something that should really be avoided.APY on those scales are already obvious on trying to hook or lure in people to park their coins and wont be surprised that one day they would really be
declaring some so called hacking incident or just simply they do ran off with the funds thats why we should really be careful on making out decisions something in related to t his one.