Post
Topic
Board Altcoin Discussion
Re: Auto Staking & Auto Compounding Project's Future !!!
by
avikz
on 19/04/2022, 15:27:53 UTC
There is currently a time when most crypto projects run on auto staking and auto compounding systems. Where the temptation to invest in a very attractive profit in a year is being shown.
What is the future of these projects?
And how reasonable is the investment?

If such programs are using popular cryptos like Bitcoins or ETH or Solana etc. For auto staking and compounding, I would call them a ponzi.

If such programs are using their own token, I would still call them a ponzi because their tokens need to have some utility in order to generate value. Without a proper utility, the program is just bound to fail and probably some investors will loose their savings with them.