Quote (mandarkkk @ Aug 18 2022 01:08am)
I dont understand, at some point they are taking your cash and using it to buy right? I get it, its a trading bot and a lot of defi dapps have been doing that.
I am surprised that its doing that for you in stables. I.e usually there is another native currency token, and you buy that and then stake that, and then the bot goes to work etc.
Regardless, at some point, it takes your x dollars which it moves to and from your wallet. The point is, at any point in time, it could move that money and yo never get it back.
1% a day, in something like drip or some shitty rebasing token is different. If you believe that you can get 1% a day, purely on stables then youre just new and will learn like we all did.
The people who made this dapp, literally have no reason to make a dapp such as this. 1% a day, like someone said. Youd be the richest person in a year with money.
So instead of hand waving and being shady as fuck why dont you tell us more about the risk of this dapp?
Do you get to see exactly what its doing on the block chain and where and how your money is being moved around? Can you see the transactions where its buying low and selling high?
Or is it more then likely, just like collect everyones funds on the dapp and then magically airdrop 1% of that back on a daily.
Have then mentioned downside risk? For example what is the biggest loss that you can suffer in a day according to them?
Also, remember that they could depending on the size, and any defi dapp is small right now probably 1-3k holders, just pay 1% out of pocket until the day they run since they get all that back.
I.e keep giving you 1% a day, until a certain scale of volume or personal and then run.
Do the people have ANY legitimacy? Are they doxxed, are they kyc'd is the code auditted etc etc.
Your blatant gloating is awfully sus. Youre either shilling or youre short sighted and havent been around much. No one in this thread is doubting that they are paying you out 1% a day so far.
So how are they going to drain my whole wallet if it is a lossless OTC arbitrage trading bot? 🤔 if I am shilling? Why haven't I posted a link in the topic? People make 25% to 100% in pumps per day with trades manually... how is 1% a scam per day automatically? If I can take my money out right now which I can. How would I have got scammed?
It's been a month I have been using this Dapp. I'm still not bankrupt?
If they could take my money already why haven't they done it?
This post was edited by NINJAslit on Aug 18 2022 03:07am