Is RobiniaSwap V2 offering 78,725,053,641% APY ?

in robiniaswap •  3 years ago 

Hello everyone ,
How are you all ? I hope everyone is fine and doing great in their life.

Do you all remember RobiniaSwap ? They recently launched the V2 of the defi services on their platform. Now if you have seen the new services already you must be aware of some very high APY's.

The highest they are showing is 78,725,053,641% but is that for real , well i will no it's not real for sure. Anyone who believes it to he real mean investing $100 will give you 78,725,053,641% of $100 per year and that's impossible.

Screenshot_2022-02-20-23-55-24-22_40deb401b9ffe8e1df2f1cc5ba480b12.jpg

You can check the link to their website and take part in it if you want.

https://robiniaswap.com/pools

I personally am not taking part in it as it is already two plus days since this was launched. The best time or atleast the time at which one should have taken every in this was the very first day.

I can say that the price of this token will go down as there will be people wanting to sell their token they have earned from staking their existing token. There is 1% fees if you unstake before 72 hours but that will not stop people from unstaking.

Also you can check the original return , it is 5% per day. So what are your thoughts would you take part in these pools ? Well it's all your right to do whatever you want to do. I have shared what i wanted to share with all of you.

Thank you

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  ·  3 years ago  ·  

It was "real" for a few seconds. ;-)
They always are.
There are techniques to make money from these things, but one has to be dedicated to it and jump on them at the start.
Also, check out all the fees to see a break-even point.

  ·  3 years ago  ·  

It doesn't look legit because of those numbers. I think such strategy will make them fail. No one will buy it that way. Crazy people. lol

Screenshot_2022-02-21-00-50-06-45_e4424258c8b8649f6e67d283a50a2cbc.jpg

This is the original APR

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