So they're basically experimenting but can already pay a whopping

Question

So they're basically experimenting but can already pay a whopping

32% API based on that? Sounds like a ponzi to me, but I'm happy to learn otherwise. 😃 Also, 4-7% interest on UltraStellar - where does that come from, according to what they're claiming about it?

#cryptocurrency #stellar #xlm

0

02.11.2023

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GreenGecko 🌿 ∞/21M Автор вопроса

Dmytro Ivanov (дядя Ванга) (SSLX)
To qualify for the 32% APY, you need to be among t...

That it's not accessible to everyone is not explaining where the yield is coming from, especially if it would be more serious amounts like for the top holders... But anyhoo, everyone has to be constantly on alert in 'crypto world'. Personally, I'd warn everyone against putting money into that, particularly if it isn't 100% transparent and probable how 'yield' is generated. That something is running on 'Stellar' is in no way a guarantee that it's any safer that stuff running on ETH, XRP, or any other chain, even Bitcoin had shady third parties exploiting the name

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02.11.2023

Dmytro Ivanov (дядя Ванга) (SSLX)

GreenGecko 🌿 ∞/21M
That it's not accessible to everyone is not explai...

If you have more questions about Sl8 / SSLX - let me know

0

02.11.2023

Bomber🗺

GreenGecko 🌿 ∞/21M
That it's not accessible to everyone is not explai...

In general, I think Bitcoin is a huge global scam)

0

02.11.2023

GreenGecko 🌿 ∞/21M Автор вопроса

Bomber🗺
In general, I think Bitcoin is a huge global scam)

Absolutely, sir. The longest scam in monetary history, only topped by the USD and the EUR! 🤡

0

02.11.2023

Dmytro Ivanov (дядя Ванга) (SSLX) · Accepted Answer

Dmytro Ivanov (дядя Ванга) (SSLX)

To qualify for the 32% APY, you need to be among the top 100 token holders. Achieving a top 100 position requires purchasing and locking 1.5 million SSLX. This level of APY is not accessible to everyone.

0

02.11.2023

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So they're basically experimenting but can already pay a whopping

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