too old

[bullrun2024bro]

old, look for more updated information

[TalkStar]

Thanks for following my suggestion and posting a copy of original thread here.

After seeing scammers recent activities with DeFi oriented money stealing projects personally i was thinking to create a list about DeFi related scam projects but suddenly got your thread today on German board. So i thought a similar thread should be in this section for increasing entire forum users awareness. Keep giving regular updates and save newbies from getting scammed. Good luck.   

[Rikafip]

It's a good idea to have all of them in one place, good job @bullrun2020bro! Be ready to update that list quite often as those scams are getting on popularity each day and it doesn't look like it will pass anytime soon.

One would think that people learned something from ICO bubble, but as we can see situation is even worse as scams without whitepaper, team and any original idea are raising millions. Back then some of those ICOs at least have appearance of legitimacy while this is on a completely different level.

[notblox1]

Good idea bullrun2020bro, but you would need many pages to list all defi scams, because they are showing up every minute and this is worse than ICO scams back in the days.
This is only hurting all healthy crypto space in the long run, but people are greedy and don't care as long as they make profit.

[The Sceptical Chymist]

Thanks for your kind words guys, i will try to keep the thread up to date all the time and will constantly add new finds to the list.

Yes, please do try to keep it updated--and it's unfortunate that it's a list that's going to keep on growing, but I think we all know that's a fact.  How long the list will eventually get will depend on how the DeFi space develops.  I'm really hoping that it doesn't follow the course of the ICO boom and bust and that there's actually something of substance to DeFi.  As of this moment I'm not convinced there's anything of real value to it, and there's certainly a lot of hype.

One would think that people learned something from ICO bubble, but as we can see situation is even worse as scams without whitepaper, team and any original idea are raising millions.

Scammers only learn how to scam better, and the suckers....well, they never seem to learn, no matter how many times they've been scammed.  All the hype surrounding DeFi--that's why those projects can raise millions.  Everyone wants in on the new thing that's going to make them rich.  That part of the story is the same no matter what thing we're talking about, and people don't seem to realize that it's nearly impossible to become wealthy without much effort. 

Ah, well.  We'll see how long this list gets.  I'm going to bookmark it.

[bullrun2024bro]

I just updated the thread for the first time today and added the following projects:

16/09/2020

• added HotdogSwap (YAM.finance clone; Exit scam)
• added UNIDAPP DeFi (Bounty irregularities, check the thread for additional information)

Note: You will find the Changelog in the second post of this thread.

[akopov]

Add plz else


YFBull
Telegram group: https://t.me/YFBULL1
Telegram channel: https://t.me/YFBULL
Twitter: http://twitter.com/YFBULL1
Website: https://www.yfbull.london



YFIO Procotol Finance
Telegram group: https://t.me/YFIOfinance
Telegram channel: https://t.me/YFIOfinance_Channel
Twitter: https://twitter.com/YfioProtocol
Medium: https://medium.com/@YfioProtocol

[as9ardia]

yfChain

|

🔥🔥[ANN][AIRDROP][ICO] yfChain - Blockchain of DeFi Project | Yield Farming🔥🔥

|

PLAGIARIZED WHITEPAPER

|

[Plagiarized Whitepaper] yfChain - Blockchain of DeFi Project | Yield Farming

|

[bullrun2024bro]

Add plz else YFBull, YFIO Procotol Finance

It look's like both projects are likely to be scams, could you maybe create a proper Scam Accusation thread, that I can add them to the list.

yfChain

|

🔥🔥[ANN][AIRDROP][ICO] yfChain - Blockchain of DeFi Project | Yield Farming🔥🔥

|

PLAGIARIZED WHITEPAPER

|

[Plagiarized Whitepaper] yfChain - Blockchain of DeFi Project | Yield Farming

|

Very good find bro! I will add this one immediately.


I updated the thread again and added the following projects:

17/09/2020

• added yfChain (Whitepaper Plagiarism)
• added GAMBLUS.live (Clone)
• added Bulls.finance (Clone)

[$crypto$]

Add plz else YFBull, YFIO Procotol Finance

It look's like both projects are likely to be scams, could you maybe create a proper Scam Accusation thread, that I can add them to the list.

I have made Scam Accusations about YFIO Protocol and they did a plagiarized whitepaper

[WARNING] YFIO Protocol Plagiarized Whitepaper

[rdbase]

This is a very good thread to put up so I thank you for this bullrun2020bro!

Uniswap just put up their tokens yesterday ($UNI) and there are a few youtubers who have reported about users are eligible to receive up to $1500 in tokens from them if they have used their platform ending on September 9th.
Can you verify this and if it is a scam or not?

Here are the two youtubers I have viewed about this so called airdrop far:
https://www.youtube.com/watch?v=E_4113Hc8w0
https://www.youtube.com/watch?v=7mVlXim1LxM
another one from a newer YTer:
https://www.youtube.com/watch?v=8BmAgTqvFOQ

[bullrun2024bro]

I have made Scam Accusations about YFIO Protocol and they did a plagiarized whitepaper

[WARNING] YFIO Protocol Plagiarized Whitepaper

Thanks a lot for sharing your finds with the community! I will add YFIO to the list.

Well done, bullrun2020bro. Great list, made a Russian adaptation of this useful topic.

That sounds great! Hopefully nobody from your local community will fall for these DeFi scams. I also added the DeFi-clone of the TON project you just posted to the OP. Thanks a lot for sharing it here!

Uniswap just put up their tokens yesterday ($UNI) and there are a few youtubers who have reported about users are eligible to receive up to $1500 in tokens from them if they have used their platform ending on September 9th. Can you verify this and if it is a scam or not?

I can't tell if the original UNISWAP airdrop is legit or not, since I didn't take part it in. But please beware, there are already a few UNISWAP airdrop scams around, e.g.:

[SCAM] Fake Uniswap giveaway
[SCAM Alert] 10,000,000 UNI Fake Giveaway

Note: Never share your private key or send any funds to participate in an airdrop!


I updated the thread and added the following projects:

18/09/2020

• added YFIO Protocol (Whitepaper Plagiarism)
• added TON (DeFi-oriented clone of the TON project)

I won't have time to update the list on the weekend, so please expect the next update on Monday/Tuesday.

[Rikafip]

Uniswap just put up their tokens yesterday ($UNI) and there are a few youtubers who have reported about users are eligible to receive up to $1500 in tokens from them if they have used their platform ending on September 9th. Can you verify this and if it is a scam or not?

I can't tell if the original UNISWAP airdrop is legit or not, since I didn't take part it in. But please beware, there are already a few UNISWAP airdrop scams around

Uniswap airdrop is legit, few friends of mine claimed the tokens and sold them via Binance. Everyone that used Uniswap until September 1st is eligible for 400 UNI tokens. Some people claimed thousands of UNI tokens as you were eligible for each wallet you use, so for example if you connected 10 wallets to Uniswap until the deadline, you got 4000 UNI combined. At the moment 1 UNI=6 USD , so it's not a surprise that there are scam attempts using this occasion.

That's what scammers do, they quickly adapt and always try to exploit latest craze/hype/airdrop/giveaway. After all, that's why we have this thread now, but I'm afraid that this is just the beginning and will go on for the some time, until enough people loose the money and everything falls apart, like in the ICO time.
https://gov.uniswap.org/t/learn-requirements-how-to-claim-your-400-uni/1025

[AhmadM]

Another shit defi project..

Torch Network	|	🚀🚀Ťorch-Innovation DeFi Platform🚀🚀	|	Website Plagiarism	|	[WARNING] Torch-network Plagiarized Website Contents	|
RFinance	|	🚀🚀[ANN][Defi Platform] | Rfinance | A New Emerging Project of De-Fi Ecosystem	|	Website Plagiarism	|	[WARNING] RFinance (RFI) Plagiarized Website Contents	|

[Rikafip]

Hey @bullrun2020bro, here are few DeFi scams exposed by me in the last couple of days (and one from the previous month) so you can add them to you list.

1. [Warning] Cryptochrome - another DeFi with plagiarized whitepaper!
2. [SCAM] MBIDeFi: New DeFi scam by known scammers MBI Group International
3. [Warning] MoonFinance - DeFi with plagiarized whitepaper, 200+ ETH raised!
4. [SCAM] Yearnify copied website content!


Here are few more exposed  recently by others that are not on the list :

[WARNING] DRK Defi- Plagiarized Whitepaper by @Shef198911
[SCAM] XYFI - another scam cashing in on DeFi hype by @btcltcdigger

[-CryptoViking-]

Hey @bullrun2020bro

I have another ANN to add.

[SCAM] Wolfage.finance DEFI SCAM!!  have decided to come to forum to lie more and started their ANN:

[ANN][WolfAge Finance][Shared economy of crypto business models]

Also would be nice if you can support the flag too, thanks.

[Marvelman]

This is a very useful thread. I had no idea that there are already so many scam DeFi projects...
Kudos to everyone who discovers and exposes them!

[qwertyup23]

Hello, OP

Will it be okay if you add one DeFi related scam on your list?

[WARNING]YeaFinance - FAKE TEAM

Thank you and please keep the list updated!

[bullrun2024bro]

Thanks everyone for your recents finds. You guys are amazing - together we can fight these filthy DeFi scammers!

If you guys wan't to do me a favor, please use the template I posted above.

I updated the thread and added the following projects:

23/09/2020

• added Torch DeFi (Website Plagiarism)
• added RFinance (Website Plagiarism)
• added Cryptochrome DeFi (Whitepaper Plagiarism
• added MBIDeFi (Malaysian scammer group MBI Group International)
• added Moon Finance (Whitepaper Plagiarism)
• added Yearnify Finance (Website Plagiarism)
• added DRK DeFi (Whitepaper Plagiarism)
• added XYFI DeFi (Website Plagiarism)
• added Yea Finance (Fake Team)
• added ANN-Thread of WolfAge Finance

Expect the next update on Saturday or Sunday!

[bullrun2024bro]

It's time for another update. I added the following finds to the list:

28/09/2020

• added YIF DeFi (Bounty irregularities)
• added Yearn Finance 3 (Plagiarism)
• added Defixnetwork (Fake Team)
• added Yearn Finance Connect (Plagiarism)
• added YFIZ.finance (Plagiarism)

If you found any other DeFi-Scams please share them here with the community.