Safari Swap-Earn 500% APY by Staking

[jovan85]

What you think about Safari Swap?

About Safari Swap:
SafariSwap is a fully decentralized, peer-to-peer digital currency, community driven and fair launch token that thrives to revolutionise wildlife conservation efforts around the world through blockchain.
HODLERs earn passive SafariSwap token rewards by hodling in wallet. Rewards are distributed to holders automatically in real-time.
Join: https://t.me/safariswapofficial
Website: https://www.safariswap.io/
Follow on Twitter:  https://twitter.com/SafariswapDex/status/1492077454277558274?s=20&t=AoUCMG-jJ_A_tpO7ZXczsw

https://poocoin.app/tokens/0x080cc6eb47dcae6a42fc5408ebd5cf2aa05eaec3

My favorite part is :
Earn 500% APY by Staking
and
Get high retrns of up to 10x on your investment.

Is this rtue or lie?

[ScamViruS]

After visiting the link you shared I saw this status of this project. Investing in this project will not be a good decision no matter how much % APY they make against this project with such bad condition and investors are making losses. So investors should be more cautious.

[Tytanowy Janusz]

My favorite part is :
Earn 500% APY by Staking

Where are rewards comming from? Is there any product profitable enough to justify such returns? Or its just a coin that is made to be a hyperinflation shame to cach newbies on high APY hoping they dont know what inflation is?

Get high retrns of up to 10x on your investment.[/b][/b]

people should get red trust when posting stuff like that.

[o48o]

My favorite part is :
Earn 500% APY by Staking
and
Get high retrns of up to 10x on your investment.

Is this rtue or lie?

When you are getting 500% more tokens in a year, you aren't "staking" in a sense it would make sense. It's just an incentive not to sell because toin loses value if it doesn't stake with a growing supply, so it won't most likely be listed in any cex that won't agree to pay the staked value.

Get high retrns of up to 10x on your investment.[/b][/b]

This is just a lie, made up nmber and highly illegal for any legit project to claim something like this and obviously all of this is a HUGE red flag.

[icalical]

500% APY is too good to be true, it's either a HYIP or it's definitely HYIP, lol. I am not a risk taker so I wouldn't touch this kind of project, but for people who are willing to take a high risk high return possibility, and ready to lose all of their investment completely, then I will say go ahead. I mean if you in and out in the perfect time you can make profit of a lifetime.

[piebeyb]

If I were you I would probably leave a project like this, seeing APY 500% doesn't guarantee your money back it costs you time and money, so let's see now the bear market in crypto has not ended so at any time this project could throw away tokens cheaply , that's just my opinion from the reference you gave above but it all comes back to yourself, be careful investing in new cryptos during a bear market like this

[Coin_trader]

My favorite part is :
Earn 500% APY by Staking

Where are rewards comming from? Is there any product profitable enough to justify such returns? Or its just a coin that is made to be a hyperinflation shame to cach newbies on high APY hoping they dont know what inflation is?

This kind of DeFi usually get the funds through there reserve tokens for farming. The reward usually in there tokens with low liquidity on there DEX which is the reason this project is too brave to offer this kind of ponzi APY.

Usually those APY will become smaller when there’s already many stakers in there farming since there main is to let people buy there token and hold it on farming so that they can use the holders money as liquidity for there own token exit liquidity. Investing on new DeFi farming is so scary nowadays because they usually don’t have enough liquidity to sustain there token economy that surely collapse later on.

[michellee]

The staking program is too good to be real because getting 500% APY by staking means how much return we will get. It can entice many people to try to get it so they won't realize that it will eventually become a new scam.

But we don't know the truth until we try it and if you really want to try it, don't spend too much money because the risk will also be greater. And be careful and do your research first before deciding to join the program.

[Beparanf]

Just looking at the APY they offer, it's clear that it's a follow-up ponzi project. If you like you can invest in it as long as you are willing to take the risk, the higher the return the higher the risk. Projects like these you shouldn't ask anyone because we all know they're scams and you are not new either so i believe you already know it very well.

I just want to make a comment about the word on ponzi on basing only to the APY because trusted DeFi platform such as BiFi sometimes offer this high APY or even higher to a newly created pool. It’s normal to see a high APY on pool with less demand on few stakers shares the reward. It will reduce later once more stakers join the pool.

I don’t check the project so my comment is not specifically for this project defense but to explain how APY works on DeFi to avoid misconception.

[wheelz1200]

What you think about Safari Swap?

About Safari Swap:
SafariSwap is a fully decentralized, peer-to-peer digital currency, community driven and fair launch token that thrives to revolutionise wildlife conservation efforts around the world through blockchain.
HODLERs earn passive SafariSwap token rewards by hodling in wallet. Rewards are distributed to holders automatically in real-time.
Join: https://t.me/safariswapofficial
Website: https://www.safariswap.io/
Follow on Twitter:  https://twitter.com/SafariswapDex/status/1492077454277558274?s=20&t=AoUCMG-jJ_A_tpO7ZXczsw

https://poocoin.app/tokens/0x080cc6eb47dcae6a42fc5408ebd5cf2aa05eaec3

My favorite part is :
Earn 500% APY by Staking
and
Get high retrns of up to 10x on your investment.

Is this rtue or lie?

500% apy is not a sustainable number lol.  If you are getting a zillion tokens they will just be mass dumped and price will just plummet.  Do people really still fall for this when people claim to make X times the amount of your investment.  Only a few profit and most everyone late to the game will lose theor money.  That's how these things work lol.

[jossiel]

Guys, those projects that are guaranteeing with huge amount of APY and profit, you're all grown up and don't be too gullible. Do your own diligence upon researching about it.

It's okay to ask the community but having it obviously would make you think the people reading it that you're too gullible to fall for such scheme.

They may pay you a couple of months and then what's next? They'll low it down or much worse, they'll lock what you've deposited to them and you'll never have a way to recover it all.

[redsun114]

Get high retrns of up to 10x on your investment.[/b][/b]

people should get red trust when posting stuff like that.

Yeah, but I don't think the op will agree with that if you ask him because he is the one that posted this but anyway, he already received a couple of negative trust so I think it won't hurt much if he gets another one.

After visiting the link you shared I saw this status of this project. Investing in this project will not be a good decision no matter how much % APY they make against this project with such bad condition and investors are making losses. So investors should be more cautious.

That's a crazy dump right there. Indeed it's risky to invest a coin like this because we already witnessed how it drop in a short period of time and I think it won't end by there but there must be more dumps that are yet to come. A high % of apy might gave you lots of coins in return of hodling their coin in a long period of time but that all will be useless when the value of the coin is almost zero by the time you will unstake your coins and sell them in the market.

[ScamViruS]

After visiting the link you shared I saw this status of this project. Investing in this project will not be a good decision no matter how much % APY they make against this project with such bad condition and investors are making losses. So investors should be more cautious.

That's a crazy dump right there. Indeed it's risky to invest a coin like this because we already witnessed how it drop in a short period of time and I think it won't end by there but there must be more dumps that are yet to come. A high % of apy might gave you lots of coins in return of hodling their coin in a long period of time but that all will be useless when the value of the coin is almost zero by the time you will unstake your coins and sell them in the market.

This is not only continuous dumping but also the trading volume of this coin is almost zero. There has been only one trade in the last 24 hours and that too was a sell trade in this coin. So you don't need to be a pro trader to realize that this would be a worthless investment. Thousands of such projects come to the crypto market with various tempting offers to sell their worthless coins to cash out of the market. So before making any investment one should do proper research and make a decision.

[makishart]

It's a lie lol. I have experienced so many projects that offered the non sense thing like that and they always become shitty project after the launch of token. The tokens will be easily inflated. People will be dumping from small money that have invested with. There's no reason to buy this kind of token. You will be only wasting your money. Safari swap sounds a bad decentralized exchange site. I rarely saw that swap has been talked by others. it seems have a bad reputation as well.

[Anonylz]

According to cz stay away from any project that offers high apy because they are a trap to lure investors into the platform, invest and then they will do a 360 turn of that very attractive apy because they can not keep up paying such high reward if they care about the growth of the project. So don't trust such high apy it is unrealistic.

[Ludmilla_rose1995]

500% APY is too good to be true, it's either a HYIP or it's definitely HYIP, lol. I am not a risk taker so I wouldn't touch this kind of project, but for people who are willing to take a high risk high return possibility, and ready to lose all of their investment completely, then I will say go ahead. I mean if you in and out in the perfect time you can make profit of a lifetime.

I see a defi project that promises a high return of more than 300% APY will definitely end up being a scam and that has happened in many defi projects, It is not recommended for anyone to be tempted by a high APY offer because it is certain that your money will disappear over time, a high APY is just an attraction and will not be a long reward.