Post
Topic
Board Altcoin Discussion
Topic OP
Beware of Vector Finance - Save your BENQI
by
James00009
on 12/03/2024, 22:02:03 UTC
Hello Guys

I am writing this post to all the crypto community to beware of Vector Finance. https://vectorfinance.io.
They promise you to provide yield on your BENQI (QI) token if you stake them. BUT - only if you first convert them to xQI token. On their website conversion can be done from QI to xQI. But they also state that reversable on their website, meaning your once you convert your QI to xQI you can not convert them back on their website. They say that conversion can be done from xQI back to QI on Tradejoe website.  https://traderjoexyz.com/avalanche/trade .

Once you convert it your QI to xQI in their website its 1:1 Raito, which is how its supposed to be. But then you convert from xQI to QI on trderjoe website you only get 50% of your QI back.

THAT MEANS THEY ARE THIEFS AND WILL EAT HALF OF YOU HARD EARN BENQI token. They need to showdown. Spread this word so not many people get folled again.

have a good one

James