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Third, many people may miss deposits. A person needs to deposit only once per month, which discourages automated depositing by code. Every person has chance to miss a deposit. If miss a deposit, you will lose all your deposits and have to reset your account to start over again. Therefore RESET bottom is here. (answer to PX-Zs question:
Their app/account is also strange why would they put a reset button just to clear the whole account balance such feature is unnecessary and useless.
I'm not good at reading contract, but I dont don't think this project has a smart contract that lock everybody's PAT and the LP? I can't find this info on their very minimalist website, but if I'm correct, then I'll say it's more of a money-grab than a ponzi.
(holydarkness)
When you deposit, PAT will be burned, while the time and amount of your deposit will be documented on blockchain. When you withdraw, PAT will be minted based on your records on blockchain.
I'm sorry, what?
Do I understand this correctly, we connect our wallet to your platform through MM --or whatever-- when we click "free pat" button, we paid an ETH fee to have 100 PAT sent to a burn address instead to our wallet?