Post
Topic
Board Altcoin Discussion
Re: Be careful around massive APY projects
by
Sir Legend
on 25/06/2022, 04:43:14 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.


The investment concept of the unreasonable APY model sooner or later will become a scam, it's better to avoid investing in the project, and if we still have assets in that type of investment then I recommend selling it immediately, I once invested in Safuu when the price was more than $200 and now the price is only about $10.