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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: mirek92 on January 13, 2022, 04:58:59 PM



Title: Do you think BSC token with rewards in BNB are sustainable in the long term?
Post by: mirek92 on January 13, 2022, 04:58:59 PM
Hello,
I knwo that some BSC tokens have rewards in other currency like BNB, BUSD or USDT.
DO oyu think that this time of tokens is sustainable in the long term?

Do you know some of them which hasnīt pump and dump price scheme?

Thankīs


Title: Re: Do you think BSC token with rewards in BNB are sustainable in the long term?
Post by: Anonylz on January 13, 2022, 05:31:20 PM
Your question is not very clear, but if you are referring to staking rewards of some bsc projects I believe some of them already made the analysis on the reward system and how it can be sustained long term, besides, I don't know of any project that reward stakers with bnb, busd or usdt, probably you meant liquidity pool farmers,
This type of program has a specific period they can be available, so people take advantage of them while they are still available.


Title: Re: Do you think BSC token with rewards in BNB are sustainable in the long term?
Post by: tsaroz on January 13, 2022, 05:53:00 PM
Depends on high how the rate/ROI is and how the platform generates it. For any projects or coin to provide you a return, they should have a working earning model. Of the several ways you could stake to ear BNB, the one that comes in my mind first is staking NFT on biswap for interest in several currencies. That could be considered a feasible and long term model as the rate aren't excessively high and the original token/NFT does not depreciate from its value plus the project has an earning defi model.
On the other hand for any new coins that when staked provides rewards in BNB, we should also consider the depreciation of value of the said token as most new Defi coin plummets so does the yield just after they are launched.


Title: Re: Do you think BSC token with rewards in BNB are sustainable in the long term?
Post by: Fesatmas on January 13, 2022, 06:01:27 PM
Anonylz is right that your question is too ambiguous and don't know where it is leading? because the nature of staking tokens will vary depending on the offer given. Like you bet BNB within a certain time the prize can be Busd or BNB. Because usually this program is carried out with a clear duration and reward. So, have you found a program for betting tokens on the BSC network?


Title: Re: Do you think BSC token with rewards in BNB are sustainable in the long term?
Post by: doomloop on January 13, 2022, 07:29:44 PM
I knwo that some BSC tokens have rewards in other currency like BNB, BUSD or USDT.
DO oyu think that this time of tokens is sustainable in the long term?
I believe it is kind of rewarding in BTC or any other reputed coin which means it got anything to do with those BSC tokens, right? I guess it will be definitely sustainable because it might be getting more chances to attract more investors rather than being rewarding in same BSC tokens. Honestly I also will be preferring to get paid of any rewards in reputed coins rather than getting in same new project's coin or tokens.

Do you know some of them which hasnīt pump and dump price scheme?
Pump and dump could happen anywhere but when rewarding is happening in reputed coin; due to its high volume, it may not get any negative impact. I believe this much be a very good idea in long run and definitely sustainable.


Title: Re: Do you think BSC token with rewards in BNB are sustainable in the long term?
Post by: AmoreJaz on January 13, 2022, 11:34:46 PM
Most of those projects that are having rewards in BNB if they're staked or in interest rates are sustainable. First, because the rates aren't a lot and that's why it's sustainable in their case.
But if they're having a low demand for the service they offer like lending then it's somehow going to affect the future of their sustainability. They're also relying to a service that's why they might not be sustainable if the demand for their service isn't a lot.

this is why the question is very subjective because it depends on the project itself. the rewards will only continue if in case the platform itself is earning from other services. but if they are relying on people that will stake their coin, and they have no other means, the project's future will be at stake here. so not all projects offering bnb rewards will sustain their business. their services should at least be doing good on their own.
so if you want to see how sustainable their platform is, just look at how much they are attracting people to utilise their services.


Title: Re: Do you think BSC token with rewards in BNB are sustainable in the long term?
Post by: Kemarit on January 14, 2022, 04:04:09 AM
Hello,
I knwo that some BSC tokens have rewards in other currency like BNB, BUSD or USDT.
DO oyu think that this time of tokens is sustainable in the long term?

Do you know some of them which hasnīt pump and dump price scheme?

Thankīs

I don't understand what are you trying to drive at?

BSC tokens are sustainable in the long run for me as long as Binance will be in the crypto space. And seeing them being in the top, then no doubt that they can remain here for a long time.

Perhaps we will see some dumps when we have a bearish market, that is normal process that we need to swallow and understand. But they can bounce back in the next bull run.


Title: Re: Do you think BSC token with rewards in BNB are sustainable in the long term?
Post by: DapanasFruit on January 14, 2022, 04:09:43 AM


You have to be careful with projects in that nature. I know that there are many platforms that are sharing the transaction fees they received in BNB to their holders and many are having a rather high fees so they can share them to all holders and they are also using this feature as a big marketing attraction. Sadly, many scam projects are also using this feature to get as many people to invest with them...at the end token holders are holding nothing but an bag of useless air. Now, am not saying that a program paying in BNB will not last but most don't...so get in at the right time and get out when you already made  money.


Title: Re: Do you think BSC token with rewards in BNB are sustainable in the long term?
Post by: TastyChillySauce00 on January 14, 2022, 10:39:40 PM
Usually it's the other way  around like if you stake BNB, BUSD, even USDT you’ll get some kind of coin as a rewards, never seen a coin that rewards in BNB, BUSD, even USDT other than if any of them make some kind of giveaways.
What’s for sure though, if these event about staking that rewards in form of BNB, BUSD, or any other stablecoins are coming from big exchanges like binance or big staking platform like cakeswap, it will sustains, meanwhile if it’s just random coins that’s
based off BSC it could be just a trick made by them to lure any potential investment in short, simply a scam. This depends on the fundamental of the project itself. Sometime rewarding the major coin like that was not a problem as long as it was being generated through profit that created by the project from selling their product. that makes sense if they are giving the reward like that


Title: Re: Do you think BSC token with rewards in BNB are sustainable in the long term?
Post by: makishart on January 15, 2022, 02:51:49 PM
Hello,
I knwo that some BSC tokens have rewards in other currency like BNB, BUSD or USDT.
this is only a marketing trick to attract the more buyers and users. So many scam tokens are also using this kind of method to fool the newbies.

DO oyu think that this time of tokens is sustainable in the long term?
This depends on the various factors. I should remind you that if that was working like airdrop or dividend and it will not sustain for long term and this kind of project is dangerous.

Do you know some of them which hasnīt pump and dump price scheme?
I don't know that as so many tokens in BSC were only scam tokens and it's difficult to determine which coin that potentially to increase and remember that BSC was a heaven place of meme tokens.


Title: Re: Do you think BSC token with rewards in BNB are sustainable in the long term?
Post by: Master of Shitcoins on January 15, 2022, 04:32:16 PM
I don't see a good future for BNB ecosystem because it is heavily controlled by Binance.
Binance should focus on a good exchange and Binance coin can be a metric of it but Binance for decentralized finance doesn't make sense because Binance Coin is very centralized.
It will be overtaken by many more decentralized coins.


Title: Re: Do you think BSC token with rewards in BNB are sustainable in the long term?
Post by: tvplus006 on January 15, 2022, 05:00:22 PM
I knwo that some BSC tokens have rewards in other currency like BNB, BUSD or USDT.
DO oyu think that this time of tokens is sustainable in the long term?
...

If the payment is made in such popular coins as BNB, BUSD or USDT, then this causes additional interest for the investor.  But if you see a high APY that exceeds the market average, then you can safely say that this is a scam. This may manifest itself in the fact that your deposit will not be refunded in full or the coin that was used for betting will depreciate to zero.


Title: Re: Do you think BSC token with rewards in BNB are sustainable in the long term?
Post by: bittick on January 15, 2022, 05:06:09 PM
DO oyu think that this time of tokens is sustainable in the long term?

Do you know some of them which hasnīt pump and dump price scheme?
If that's relate to the meme tokens and it will not sustain for long term. So many tokens in bsc are scam tokens and that's difficult to make differentiate between not scam and scam tokens. To be honest if you're talking about meme token that gives you reward in form of major or stable coin and this probably a scam token but if you're talking about a token like cake that was giving you staking reward and this is legit.
This depends on what kind of tokens that you have owned it in your wallet. I know some BSC tokens that are not pump and dump tokens but it seems like that you didn't interested to buy this as this doesn't offer passive income to be paid in stable coin nor major coin.


Title: Re: Do you think BSC token with rewards in BNB are sustainable in the long term?
Post by: malcovi2 on February 01, 2022, 11:36:03 AM
Its only worth it if you have invested very early like when it is still around below $100k marketcap ethp, icymoney, and other similar schemes that i have invested was heavily jeeted in the long run. Also the tax has a big disadvantage for late investors they are going to lose % of their stack when buying.


Title: Re: Do you think BSC token with rewards in BNB are sustainable in the long term?
Post by: toast on February 01, 2022, 12:03:04 PM
That was a confusing are you referring to staking or farming right? where in you need to stake a bsc token and receive BNB or BUSD as reward? actually it depends, for me I think they are good in long term if they managed to keep their token stable which i doubt not since it would be very volatile. You will have 2 enemy there, the token price and the APY the staking farm would give.


Title: Re: Do you think BSC token with rewards in BNB are sustainable in the long term?
Post by: khiholangkang on February 01, 2022, 01:34:26 PM
Hello,
I knwo that some BSC tokens have rewards in other currency like BNB, BUSD or USDT.
DO oyu think that this time of tokens is sustainable in the long term?

Do you know some of them which hasnīt pump and dump price scheme?

Thankīs
What do you mean by staking tokens in the BSC network and getting rewards in BNB? I've never heard of it, because on average staking will get tokens from the project, not getting BNB. If so, it can be said that the project is a scam.


Title: Re: Do you think BSC token with rewards in BNB are sustainable in the long term?
Post by: Pelana vreo on February 01, 2022, 01:58:54 PM
Hello,
I knwo that some BSC tokens have rewards in other currency like BNB, BUSD or USDT.
DO oyu think that this time of tokens is sustainable in the long term?

Do you know some of them which hasnīt pump and dump price scheme?

Thankīs
Okay, I understand your point, some tokens in the BSC network that you buy such as sMet** and other tokens with a reward system for token holders, will not last long, I once bought sMet** tokens with Matic/Poligon tokens as reward, but things it doesn't last long because every token you receive is derived from trading taxes from some new investors, you can see the details of the transaction here
https://bscscan.com/tx/0x52e05201b1a0896e232614238453cadb97348896d84ebef982d89881abadae97


Title: Re: Do you think BSC token with rewards in BNB are sustainable in the long term?
Post by: shinratensei_ on February 01, 2022, 02:17:36 PM
Hello,
I knwo that some BSC tokens have rewards in other currency like BNB, BUSD or USDT.
I know this as well. I don't wanna mention its name but it's a horrible project.
DO oyu think that this time of tokens is sustainable in the long term?
Im sure for short term. This kind of project will dead for long term.
Do you know some of them which hasnīt pump and dump price scheme?
They are all pump and dump tokens. You will never find any tokens that will not become pump and dump tokens. This is crypto where everything is very volatile at this moment. It may be different if that's about staking not dividend mechanism. Staking can sustain for long term.

What do you mean by staking tokens in the BSC network and getting rewards in BNB? I've never heard of it, because on average staking will get tokens from the project, not getting BNB. If so, it can be said that the project is a scam.
He means something like a dividend but im not sure about this. Some garbage developers are offering major coin dividends for the shit token holders. Staking may relate to the context as well.


Title: Re: Do you think BSC token with rewards in BNB are sustainable in the long term?
Post by: oemar bakrie on February 01, 2022, 02:26:34 PM
everyone has a target in the long future,, and depending on the BSC concept, having a way to always not change the transaction fee to high is one of the best ways to keep it going well and there is no worst thing in the future,,therefore I myself am sure,will be better and will be more developed from now on..


Title: Re: Do you think BSC token with rewards in BNB are sustainable in the long term?
Post by: zasad@ on February 01, 2022, 02:29:59 PM
Hello,
I knwo that some BSC tokens have rewards in other currency like BNB, BUSD or USDT.
DO oyu think that this time of tokens is sustainable in the long term?

Do you know some of them which hasnīt pump and dump price scheme?

Thankīs
Before you decide to send your money to any DeFi project, read this thread.
DeFi hacks [history]
https://bitcointalk.org/index.php?topic=5267124
10-20% per annum is not worth the risk of investing in projects.


Title: Re: Do you think BSC token with rewards in BNB are sustainable in the long term?
Post by: Eternad on February 01, 2022, 02:33:27 PM
Hello,
I knwo that some BSC tokens have rewards in other currency like BNB, BUSD or USDT.
DO oyu think that this time of tokens is sustainable in the long term?

Do you know some of them which hasnīt pump and dump price scheme?

Thankīs

It's sustainable if there's enough source of funds that can be used on it like for example AMM exchange which use the stake funds for liquidity and get profit on transaction fee. If the APY% they are offering is equivalent linearly to the profit being generated to whatever source of income to the project then there's high chance that this token will gonna be successful in long term regardless on what token they are rewarding. Make sure to DYOR about how the project will gonna work and if the idea is possible to generate in long term to distribute it for holders of tokens or Stakers.


Title: Re: Do you think BSC token with rewards in BNB are sustainable in the long term?
Post by: TribalBob on February 01, 2022, 10:00:14 PM
Not having a pump/dump price is normal, my friend, it all depends on the project owner when they will list it on the stock exchange.
BSC is just a network for coin development I don't think to set the price up or dump


Title: Re: Do you think BSC token with rewards in BNB are sustainable in the long term?
Post by: Lagduf on February 01, 2022, 11:49:58 PM
just think of it as staking that in returns gives you some allocation of an airdrop and bounties, these staking with rewards in form of BNB, BUSD, and USDT is just part of their strategy in building their community for their newly generated BSC altcoin.
the rewards itself could be well being provided by the team behind that altcoin and maybe it will eventually gets drained up, also most of these kind of staking is only for short term, rarely I see some of them that gives long term staking because its just for marketing. if the reward was coming from staking and i think that's fine but it may be different when it come from another thing like the creator was distributing the reward to the holders.
im sure this can't sustain for long term. Very bad token to be bought


Title: Re: Do you think BSC token with rewards in BNB are sustainable in the long term?
Post by: tippytoes on February 01, 2022, 11:53:50 PM
just think of it as staking that in returns gives you some allocation of an airdrop and bounties, these staking with rewards in form of BNB, BUSD, and USDT is just part of their strategy in building their community for their newly generated BSC altcoin.
the rewards itself could be well being provided by the team behind that altcoin and maybe it will eventually gets drained up, also most of these kind of staking is only for short term, rarely I see some of them that gives long term staking because its just for marketing. if the reward was coming from staking and i think that's fine but it may be different when it come from another thing like the creator was distributing the reward to the holders.
im sure this can't sustain for long term. Very bad token to be bought


They can only sustain the staking rewards if the platform itself is generating income aside from the users who will put their funds into the platform. That means, they should be earning not only from the coins of their users but they have other strong use case in the market where even non stakers are using it. But if they solely rely to stakers, then, it is like a ponzi scheme to me. The lifespan will be short because once these stakers pulled out their funds, the platform will crumble. Because they have no other source of income.


Title: Re: Do you think BSC token with rewards in BNB are sustainable in the long term?
Post by: kaya11 on February 01, 2022, 11:59:32 PM
Hello,
I knwo that some BSC tokens have rewards in other currency like BNB, BUSD or USDT.
DO oyu think that this time of tokens is sustainable in the long term?

Do you know some of them which hasnīt pump and dump price scheme?

Thankīs

Pump and Dump is always present to all cases of crypto currencies, if those tokens give you dividends or rewards, then it is a good sign. A lively coin is better than a stagnant one. This approach of the developers are to attract more new investors and money to the coin and to keep existing ones or adding up their portfolio with their token. If you'll just have to blend in and make the most profit out of this rewards schemes and keep them on your watch always for future dumps.


Title: Re: Do you think BSC token with rewards in BNB are sustainable in the long term?
Post by: X-ray on February 02, 2022, 12:56:54 AM
Can you mention what kind of distribution that used by such token? Im sure that if that's related to the staking but who knows about that. It's caused if this is distributed through staking and the reward will be totally make sense but that will be different when it was using another mechanism. If you wanna know whether that will sustain for long term or not and why don't you just try to know where the developer is getting the revenue? what kind of model that used by the developers to generate the revenue? that will totally make sense if you're asking me about this. Im sure that if we can see whether this money coming from and it's easy to determine whether that will sustain for long term or not. I should remind you that so many scam developers are exist.


Title: Re: Do you think BSC token with rewards in BNB are sustainable in the long term?
Post by: aruldaroy on February 02, 2022, 01:22:42 AM
It all depends on their high rates and also how the platform generates them.
Because to still be able to give you a reward they have to get a working income of course.
Many people are now betting BNB or USDT to get coins as a reward.
But if you want to bet coins you should just bet NFT on biswap for the sake of currency because this can be considered a viable model in the long run.


Title: Re: Do you think BSC token with rewards in BNB are sustainable in the long term?
Post by: Ararbermas on February 02, 2022, 09:24:07 AM
Hello,
I knwo that some BSC tokens have rewards in other currency like BNB, BUSD or USDT.
DO oyu think that this time of tokens is sustainable in the long term?

Do you know some of them which hasnīt pump and dump price scheme?

Thankīs
if you're referring to airdrop or staking from the binance platform since you mentioned that network. well probably yes and its already calculated with approx numbers especially when it comes staking wherein you can easily see it how your money will grow for long term, such the percentage..


Title: Re: Do you think BSC token with rewards in BNB are sustainable in the long term?
Post by: michellee on February 02, 2022, 09:57:13 AM
Hello,
I knwo that some BSC tokens have rewards in other currency like BNB, BUSD or USDT.
DO oyu think that this time of tokens is sustainable in the long term?

Do you know some of them which hasnīt pump and dump price scheme?

Thankīs
The token can be sustainable in the long term or not will depend on the project team. If the team can work seriously with their project and want to make sure that it is useful for the public, they will try hard to promote and invite more investors. But some projects are not getting pumped or lifted the price because maybe they lack the number of investors or there is not too big demand to buy the token so the price does not increase so high.

So if you are sure the project can benefit you and the project is still running and have the potential to increase in the future, you should hold the token. But if it's not, you can sell it right away, especially if you see the pump coming for that token.


Title: Re: Do you think BSC token with rewards in BNB are sustainable in the long term?
Post by: DonFacundo on February 02, 2022, 10:01:02 AM
Staking BSC tokens to get rewards in BNB I think they cannot survive for long, seems most of these offers were meme tokens. You better not to get hook with their high ROI because they will exit scam anytime they want.. so you have to be careful what you are investing or staking tokens, research the project first.


Title: Re: Do you think BSC token with rewards in BNB are sustainable in the long term?
Post by: bhadz on February 02, 2022, 10:09:06 AM
Staking BSC tokens to get rewards in BNB I think they cannot survive for long, seems most of these offers were meme tokens. You better not to get hook with their high ROI because they will exit scam anytime they want.. so you have to be careful what you are investing or staking tokens, research the project first.
I also think of the same, it's also been seen that many of these projects have high APY. It's not always guaranteed and I think that they're not sustainable.
Maybe a few really are sustainable but if it's about the majority of them, it's hard to tell because if the volume isn't a lot, it's hard to sustain.


Title: Re: Do you think BSC token with rewards in BNB are sustainable in the long term?
Post by: LUCKMCFLY on February 05, 2022, 02:47:58 AM
It all depends on their high rates and also how the platform generates them.
Because to still be able to give you a reward they have to get a working income of course.
Many people are now betting BNB or USDT to get coins as a reward.
But if you want to bet coins you should just bet NFT on biswap for the sake of currency because this can be considered a viable model in the long run.


Your opinion catches my attention because you named Biswap, to be honest I have a token called BFG that is from a prestigious casino here in the forum and I have a part in Staking mode, have you been staking in Biswap for a long time? I'm asking you because the returns I've seen in the long term are very good. I don't know if you've been using Biswap for longer or if you think it's profitable? I've been pretty much looking at all of these strategies since beta testing, and I think it's really good because it's passive income generating.


Title: Re: Do you think BSC token with rewards in BNB are sustainable in the long term?
Post by: tarable on February 05, 2022, 09:38:11 AM
if you know that the BSC token belongs to Binance, then you don't need to hesitate and rest assured that the token will always be around as long as Binance is still around. this looks like copy paste, but basically everyone knows and I'm sure they agree that as long as Binance stays active, the tokens will survive.


Title: Re: Do you think BSC token with rewards in BNB are sustainable in the long term?
Post by: FinneysTrueVision on February 05, 2022, 09:49:46 AM
There are a few Safemoon clones I’ve seen which offer rewards in BNB. They have a transfer tax which basically makes them a pump and dump. There are some more serious coins but the rates are only high at the beginning, like a lot of DeFi projects.


Title: Re: Do you think BSC token with rewards in BNB are sustainable in the long term?
Post by: Ngewex Yuk on February 05, 2022, 10:44:08 AM
I'm sure it means staking BNB will it continue to get rewards? Of course, yes, BNB has a large reserve of tokens, you can even add more stock, and this is what makes customers active and like BNB because there are many reward programs on Binance if we stake BNB.


Title: Re: Do you think BSC token with rewards in BNB are sustainable in the long term?
Post by: redwine49 on February 05, 2022, 10:46:12 AM
Hello,
I knwo that some BSC tokens have rewards in other currency like BNB, BUSD or USDT.
DO oyu think that this time of tokens is sustainable in the long term?

Do you know some of them which hasnīt pump and dump price scheme?

Thankīs

It's sustainable if there's enough source of funds that can be used on it like for example AMM exchange which use the stake funds for liquidity and get profit on transaction fee. If the APY% they are offering is equivalent linearly to the profit being generated to whatever source of income to the project then there's high chance that this token will gonna be successful in long term regardless on what token they are rewarding. Make sure to DYOR about how the project will gonna work and if the idea is possible to generate in long term to distribute it for holders of tokens or Stakers.
There is alot of AMM exchange right now, I have seen many AMM exchange went bankrupt and his token goes to zero.
Most of these cases are not just about the project being a scam, It's also about consumers who leave and never come back.
So the economic value of the project goes down then token holder sells all his tokens and makes the token price go down.


Title: Re: Do you think BSC token with rewards in BNB are sustainable in the long term?
Post by: zaim7413 on February 05, 2022, 11:05:34 AM
I think we can only enter and exit the token when we are already profitable, if we hold it long term, I think it's the wrong decision
How could it be wrong ? It's not that there are good BSC-based tokens, and the well-known BNB coin is a cryptocurrency that deserves to be held in the long term, so everyone will love it, so what's wrong in your opinion ?


Title: Re: Do you think BSC token with rewards in BNB are sustainable in the long term?
Post by: lvsca on February 05, 2022, 12:22:47 PM
So far, I'm having a really hard time finding a BSC token that lasts for the long term. If you mean DeFi, I really can't find it. Now that we are entering a bear market, there is not a single DeFi holding out at the moment.


Title: Re: Do you think BSC token with rewards in BNB are sustainable in the long term?
Post by: indo1 on February 05, 2022, 12:36:44 PM
I have doubts about that, making BNB as a reward requires a large amount of funds, even if the BSC token has a large trading volume I'm not sure it will last long term. Use it for the short term only.


Title: Re: Do you think BSC token with rewards in BNB are sustainable in the long term?
Post by: redwine49 on February 09, 2022, 10:43:15 AM
I think we can only enter and exit the token when we are already profitable, if we hold it long term, I think it's the wrong decision
How could it be wrong ? It's not that there are good BSC-based tokens, and the well-known BNB coin is a cryptocurrency that deserves to be held in the long term, so everyone will love it, so what's wrong in your opinion ?
yeahh it just marketing strategy.
I think it will attract a lot of people but people just don't realize where they can get BNB to pay the holder
I have seen many projects reward their own tokens, which actually that's a good thing because they don't have to sell their own token to pay everyone.
If the market conditions are good, it will be fine. However if not good, it will only bury the token price alive