Yo, I need some honest opinions here because I’m lowkey losing sleep over this. I came across this thing promising up to 500% APR and now I can’t tell if I’m about to hit gold or get rugged so hard I’ll be explaining it to my grandkids.
Even if you did not mention the platform, if it's a smart-based contract, I advise you to stay away from the platform if it's not audited by a reputable smart contract auditor like Certik but this kind of platform will easily be flagged by auditors because it's not sustainable.
I fell victim to this scheme 4 years ago and almost got burned out. You will just wake up to find out that you've been rugpulled.
If its a centralized platform, then forget it; its an obvious scam no platform can offer more than 10%; its a Ponzi Scheme its good for a few days, and they will take down the platform if there's enough money that gets in.