[SCAM] XYFI - another scam cashing in on DeFi hype

[btcltcdigger]

I've received alot of messages in the last day or two from people giving me their referal links to this new XYearn scam, that's supposedly give you $100 in their token if you sign up.
They claim they just need your eth wallet public address and that's it, free money.

So i played along. I opened the link and i was provided with and was greated with a copycat page. Lol they didn't even bother to change some of the links, as they still point to the original yearn.finance website



Once you go to the dashboard and enter your wallet (of course, i used a new blank wallet) you're let in and surely enough, you have your "free money" waiting there





But, there's no withdrawl or anything, just a poorely done sales page that doesn't even have a proper integration to anything, just a link basicly saying "send us an email and we'll scam you".
I mean, if you already claim 1 ETH is 40 of your shitcoin, why do i need to send an offer

TLDR;

STAY AWAY

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[cryptoaddictchie]

Ive also see this on many telegram channels, groups and even on social medias. Clearly it was a scheme that scam others and worse using the name of yearn finance. I have joined on the yfi community developers hub and asked about this. Guess what, they dont even know this and probably using them to gain popularity.

I can say that their design on the website is nice but no one will be fooled if you asked the right persons regarding this. Id rather put my money on meme token that focus on nft.

[CryptopreneurBrainboss]

Was about creating a topic on this when I research and found your thread. The problem now is not many would be  able to find this warning since the whole community is going crazy on DeFi related project assuming everyone out there is an opportunity to make money. 99% of the new project having finance at the end of their project name are just scam hoping to profit from the DeFi hype.

There are numerous of them and not just the one highlighted by the OP, after the success of yFI in regards to it pricing at almost 3+ Bitcoin to buy one coins we saw an increase in new project launching with FI at the end of their abbreviation promising same ROI as that of yFI, example DeFi. Money (YFII) etc.

[smyslov]

If you check out the bounty campaign announcement and you will see a lot of bounty campaigns with the word or extension finance on it, this is expected people are looking for the next DeFi big thing and they will not do proper research just to be an early bird on these DeFi finance hype, after the UNI airdrop people are going crazy on these DeFi hype it's the new hype after the IEO hype.

[asche]

I've received alot of messages in the last day or two from people giving me their referal links to this new XYearn scam, that's supposedly give you $100 in their token if you sign up.

1 eth @ $400 / 40 is $10 btw not $ 100...

For the rest only future will tell if you're right. What is certain is I wouldn't advise anyone to send a dime worth of eth for that sale

[TryNinja]

I also saw this ref link on at least 3 other places (a Youtube video comment section and 2 telegram groups I'm part of).

They are most likely using a free hosting website. I usually get this error when accessing the website: "ERROR : -> User 'xfinvkum_finance_users' has exceeded the 'max_user_connections' resource (current value: 30)"

They literally can't handle more than 30 users at the same time. They can't even afford a freaking hosting. This is 1000% a scam.

[btcltcdigger]

I've received alot of messages in the last day or two from people giving me their referal links to this new XYearn scam, that's supposedly give you $100 in their token if you sign up.

1 eth @ $400 / 40 is $10 btw not $ 100...

For the rest o my future will tell if you're right. What is certain is I wouldn't advise anyone to send a dime worth of eth for that sale

You're right. I didn't even do the math, as soon as i saw the name i was 99% certain it was a scam.
The rest is just icing on a very shitty cake