Is this project called 'Trident Protocol' a good one to invest money on? They said their fund raising is happening on pinksale, what do you think about the project? They have high APY,
https://Tridentprotocol.comThe question is, do we still see the future of projects that offer very high APY? Like Helena Financial for example, even now they don't have proper liquidity on Pancakeswap. I don't know for sure if this is due to lack of public interest in this token or it is because they are doing development for Helena V2 so they and people are pulling liquidity from Pancakeswap. From the Trident Protocol website itself, I don't see anything else that would attract people to this project other than high APY. There is no information regarding the team and also no information regarding their backers to add consistency from potential investors.
Instead of investing in this project, it's better for you to buy coins/tokens that are in the top 100 CMC, it's better and safer.
Reference:1. https://helena.financial/2. https://coinmarketcap.com/currencies/helena-financial/3. https://tridentprotocol.com/