[YIF] Yearn Insurance Farming probably a scam project, Deep investigation needed

[Cadaver20]

Yearn Insurance Farming (YIF) launched their bounty project about a week back. All their social media and websites were fine then.
But after 1 week now all their social media, telegram and website are invalid. I have made the bounty manager PM. But he has not responded yet.

Bounty link: https://bitcointalk.org/index.php?topic=5276747.0
Duration of bounty: 2 weeks.
Bounty pool: 10 ETH.
Archive

BM's profile: YFI OFFICIAL
Website: https://www.yif.finance/
Archive
Official telegram: https://t.me/yifofficial
Bounty telegram: https://t.me/yfibounty
Medium url: https://medium.com/@yif.finance
Twitter url: https://twitter.com/yiffinance

[cryptopediabd]

I was just trying to copying all this staffs & post here. But u did before me. By the way i was participated in the bounty thread. Suddenly all thinks gone or disappear. Where there is lots of rewards it is highly chances to be scam. Many have fallen apart into this deep sea.

You forgot to submit domain info. Whatever it already gone. https://who.is/whois/yif.finance

Domain Name: yif.finance
Registry Domain ID: 1d3ddda389c74e70911386cbcc7e71db-DONUTS
Registrar WHOIS Server: whois.namecheap.com
Registrar URL: https://www.namecheap.com/
Updated Date: 2020-09-13T21:06:15Z
Creation Date: 2020-09-07T09:46:43Z
Registry Expiry Date: 2021-09-07T09:46:43Z
Registrar: NameCheap, Inc.
Registrar IANA ID: 1068
Registrar Abuse Contact Email: abuse@namecheap.com
Registrar Abuse Contact Phone: +1.6613102107
Domain Status: clientTransferProhibited https://icann.org/epp#clientTransferProhibited
Name Server: dns2.namecheaphosting.com
Name Server: dns1.namecheaphosting.com

[TalkStar]

After launching their bounty they haven't made a single reply from their end. I have just checked their Bounty ANN and sorry to say that still bounty hunters are submitting there weekly report without checking the website properly. Their official profile was active yesterday but keeping silence from their end.

Both of their official telegram channel is not exist now and website is completely dead. Although still we haven't got any victim's accusation against them but its clearly showing here that they have already shut down all their activities.   

[Jawhead999]

Just a heads up - This is some reason why you shouldn't join a bounties if the project is copycats of hype or good project, because most of them only scam and took advantages of the original coin/token [1]

[1] https://bitcointalk.org/index.php?topic=5272213.0

[cryptoaddictchie]

Both of their official telegram channel is not exist now and website is completely dead. Although still we haven't got any victim's accusation against them but its clearly showing here that they have already shut down all their activities. 

When this happened its called rugged pull on the trading and uniswap world. As a player on trading dealing with these shitcoins. There are plenty of scams like that especially when their token sale or presale has been completed. Everyone who are looking for profits should be wary on these kind of investment. Im trading some of these shitcoin somw gave me easily x5 or more but in a game of trading there are some loses like when the project ended with an exit scam.

My advise is to avoid these Y shits if you are a kind of conservative investors and also those who have lack vivid informations.

[cheezcarls]

There are many copycats right now that starts with letter "Y" and "U" and ends with Finance or Swap. To be honest, it's really hard for me to believe that the project is legitimate if the team is anonymous and refuse to reveal themselves. Even though that they might get listed on Uniswap or so, there are no such guarantees that a project would be legit. I don't just simply see the team on their websites, but to deeply check their LinkedIn accounts if they are new, inactive or established. I'm just sad that most of my crypto colleagues who are addicted in airdrops don't care about these scammish websites' integrity and credibility. In the end, it's just lessons learned.