Do you know about Lending platforms??????

[BF-Fi]

There is a Defi exchange ,name : "Rapid Protocol" . It is a Defi Exchange,Staking & Lending Platform . and Im analysing about this project due to following reasons... Please advice me if i'm wrong with your reason..

So, the first one is ,They have an innovative new concept in which our ground breaking AI Bots trade for Arbitrage to generate the much needed passive income you desire. they also have the added advantage of low commisions together with a stop loss and buy order option .

And next one is , when i ask about the team members they contacted me with their real accounts via LinkedIn, But i didnt trust and then again i asked to share his fb profile and then they chat with me with their real accounts  , so now i have 80% of trust on the team.

And according to their whitepaper , the fee for the staking and unstaking purpose is very very low ,

and  we can get a lend.


What do you think about this??? Shuld i invest or trade on this??

[Kupid002]

There still many loops holes with defi so i don't think we can fully trust them our money. One of the example we can experience is hacking which is happening already in some project. Even they are using real account in social media it doesn't mean they can't scam your money they can do that even they are using their own identity it is only depend how much money they can have .

For lending what is the requirements they asked to have a loan? And how much interest they give for investing or staking your coins?

[BF-Fi]

There still many loops holes with defi so i don't we can fully trust them our money. One of the example we can experience is hacking which is happening already in some project. Even they are using real account in social media it doesn't mean they can't scam your money they can do that even they are using their own identity it is only depend how much money they can have .

For lending what is the requirements they asked to have a loan? And how much interest they give for investing or staking your coins?

This may  help you to analyse the project

Website - https://rapidprotocol.com/

Telegram - https://t.me/rapidprotocol

Whitepaper - https://rapidprotocol.com/Rapid.pdf

[Samayuki]

Don't trust them completely, if they can't provide their real social media accounts then they have something they are hiding, if AI bots for arbitrage trading can generate much needed passive income like you said why are they making it available for the public? Every project team have desires too, they want to make money, if they have a way they won't be here in the first place.

[Kupid002]

This may  help you to analyse the project

Website - https://rapidprotocol.com/

Telegram - https://t.me/rapidprotocol

Whitepaper - https://rapidprotocol.com/Rapid.pdf

At first I think you are really asking for other members suggestions. But base on your response on my comment you are not actually asking for members suggestions. you are promoting this website to other member here in a way that you are asking.

 I don't need to visit the website I will Stick to what I say, I can't fully trust any defi project today because there are still many issue you can experience investing in them .

[BF-Fi]

This may  help you to analyse the project

Website - https://rapidprotocol.com/

Telegram - https://t.me/rapidprotocol

Whitepaper - https://rapidprotocol.com/Rapid.pdf

At first I think you are really asking for other members suggestions. But base on your response on my comment you are not actually asking for members suggestions. you are promoting this website to other member here in a way that you are asking.

 I don't need to visit the website I will Stick to what I say, I can't fully trust any defi project today because there are still many issue you can experience investing in them .

Nope  , im not promoting , im just asking weather my openion is correct or not ., So i thought you will need website link and other details to analyse about the project

[ryzaadit]

AI just kind of bullshit from some project who offering AI service and give your profit, bla bla and bla.

They're a bunch of projects who offering AI and no one can prove it at all, almost 90-95% from all of them exit scam or failed project. Right now, DeFi become a target topic with some scammer same as "Lending" on 2017 when Bitconect show up then another bunch of lending was show up too.

And guess what? all of them ended with the same situation with exit scam. Same as DeFi soon, because some shitty project who used DeFi using ridiculous%APY with high return.

[disconnectme]

Do you want to invest in their tokens or you want to lend your tokens on their platform. One thing people need to understand with all these platforms is that using them comes with a hue risk, that is why DEFI yield now is huge because there are pricing in the risk that is attached to their platform. You need to decide if the reward of using the platform worth the risk

[Greatdev]

Be careful around Lending platforms, if the returns are too good they are probably Ponzi scheme, most especially DeFi lending platforms, they give too high ROI to users per month but binance gives up to 6% per year, which one sounds more realistic to you?

[batang_bitcoin]

They have an innovative new concept in which our ground breaking AI Bots trade for Arbitrage to generate the much needed passive income you desire. they also have the added advantage of low commisions together with a stop loss and buy order option .

What do you think about this??? Shuld i invest or trade on this??

After reading the first thing, what I have thought of is that there's no such as automated profits in trading cryptocurrency through what you're saying. Ai bots for arbitrage? I don't want to believe that there's one that exists.
If there is then there's a lot of traders that have testifying that they've made their fortune through it. But most of the bots are only saying that it helps a trader to make his trading at ease but with that description, you have to think again.

[noorman0]

As I believe, new defi-based projects are created by random people and don't have any new innovations that only wish luck on the defi trend. Anyone can create as many projects of this kind as possible with the same features.
What is presented on the website and whitepaper contains only general insights like school textbooks and does not quite convince me that this is a viable project.

[Zazzu]

Lending platforms are not new and almost have been saturated, AAVE , Curve , Compound , Nash etc, All have focused on that and I don't think any new project in the lending platform kingdom has so many chances , to be able to compete with those ones.

[BF-Fi]

Be careful around Lending platforms, if the returns are too good they are probably Ponzi scheme, most especially DeFi lending platforms, they give too high ROI to users per month but binance gives up to 6% per year, which one sounds more realistic to you?

Can't we identified from their team weather is it a scam or not , because i contacted the team with their real accounts??

[Rodeo02]

Be careful around Lending platforms, if the returns are too good they are probably Ponzi scheme, most especially DeFi lending platforms, they give too high ROI to users per month but binance gives up to 6% per year, which one sounds more realistic to you?

Can't we identified from their team weather is it a scam or not , because i contacted the team with their real accounts??

There are scammers use their real identity for scamming people, and many large scam investment company or program use their real identity. Why use their real identity because it's easy for people to believe and trust their money if they know who's the owner of it. If you are asking us if you can trust a person that using their real identity  I will answer you directly it's a no.

All transaction will be online it is easy for them to manipulate the law for example they plan to make a scam.

[jrrsparkles]

AI bot will make you passive income for you as per your desire which looks too good to be true, I smell the scam here.

If you still trust them then go and try it and let us know about the experience you got with that project with real proofs.

[ethereumhunter]

I think you can search for the other project because I don't think that the DeFi project is still the crypto world trend. I don't want to say the project is a scam or not because we don't know for sure. To minimize the scam, you can select the other project, and I think you can select bitcoin or ethereum to invest in because that coin will not lie to you in the future. But if you still insist on investing in that project, just be careful and don't use too big money to invest.

[plvbob0070]

Do you think that it is enough basis to consider their team as trustworthy and legitimate? Because it seems that they are just trying to gain your trust by stealing photos as a representative of their team. Which you will notice by looking on this website, wearefft. It is a different project; however, it seems that the people behind Rapid Protocol are also the people behind that website.

Be careful about who you give your trust, you can’t be sure it is a real account unless you have conducted your own research. As there are few instances where a project takes advantage of one’s identity. In addition, it seems that it is a new exchange, as you can’t find any information except on their own website and channels on various platforms. I will suggest carry out the research before choosing where to invest or trade your funds.

[YOSHIE]

Topic: Do you know about Lending platforms???

First: Your topic title is confusing.
1. You ask about the loan platforms.
If, the question is from the title of your topic, the answer is below.

See the following platforms and their lending rates.

1. Binance Lending
Currencies Supported: BNB, BTC, USDT, BUSD
Rate: 0.2% to 3% on Flexible deposits, up to 15% on fixed lending deposits
Website: https://www.binance.com/en/lending

2. Nexo
Currencies Supported : Stablecoins (BTC coming soon)
Rate: up to 8%
Website: https://nexo.io/?t=earn

3. Blockfi
Currencies Supported : Bitcoin, Ether or GUSD
Rates up to 8.6% annually
Website: https://blockfi.com

Aside from Lending, You can also earn some crypto for staking your assets. Binance Staking platforms supports XLM, TRX, ONE, FET to name a few. The rates for staking ONE or FET is as high as 10% annually.

Website : https://www.binance.com/en/staking/products

You should take the products market conditions into consideration as it can either be 50% down or 50% up from the time you start staking.

2. Topic: Introduce Constant - A New Secured Lending Platform
3. Topic: Crypto lending platforms
4. Topic: Lending platform for cryptoassets backed loans. Help


Second: the content in the topic of your question is different, about (Defi Exchange, Staking & Lending Platform).

There is a Defi exchange ,name : "Rapid Protocol" . It is a Defi Exchange,Staking & Lending Platform . and Im analysing about this project due to following reasons... Please advice me if i'm wrong with your reason..

Are you talking about this ANN.

Topic: [ANN] Peet DeFi [PTE] MULTI-BLOCKCHAIN STAKING, REAL WORLD ASSETS AS COLLATERAL

Give us a little clarity about your goals, so that we can understand a little about the purpose of your topic.
Thank you.

[noorman0]

Can't we identified from their team weather is it a scam or not , because i contacted the team with their real accounts??

It doesn't take much time to say this is a new shitlending platform. The first identification you should know is their whitepaper, please check out these lines on their logo.

All of their whitepaper content was plagiarized from other projects and I doubt if they were both created by one person. Please check out their two whitepapers to make you sure this kind of mock project is legitimate?

Coinway WP: https://coinwaycan.com/wp-content/uploads/2020/09/coinwaycan-1.pdf
Rapidprotocol WP: https://rapidprotocol.com/Rapid.pdf

[articlecity]

In this niche only aave can be considered as a legit project if we talk solely about defi while among cefi nexo, celcius and blokmckfi are all legit.