[SCAM] Yearn Finance Tech DeFi shitcoin

[Rikafip]

What happened: Yearn Finance Tech is just another useless scammy DeFi for which creation is spent minimum amount of time and effort. Beside website  looking like it's been made in half an hour, basically there are no other info about the project itself. No whitepaper, no team, no features explained.

All they have is roadmap that looks like wish list, empty promises about exchange listings and bitcointalk bounty campaign going on, for which hundreds of bounty hunters applied, without stopping for a second to check whether the project they support makes any sense. What we can expect though is "I've been scammed by YFIT bounty manager" thread in a couple of months.

Flag Type 1 https://bitcointalk.org/index.php?action=trust;flag=2475

Bounty thread https://bitcointalk.org/index.php?topic=5287082.0
Archive https://archive.fo/lbWf9

Website https://yearnfinance.tech
Archive https://archive.fo/hNIsl

Domain Name: YEARNFINANCE.TECH
Registry Domain ID: D205851148-CNIC
Registrar WHOIS Server: whois.namecheap.com
Registrar URL: https://namecheap.com
Updated Date: 2020-10-25T20:25:11.0Z
Creation Date: 2020-10-25T20:24:53.0Z
Registry Expiry Date: 2021-10-25T23:59:59.0Z

To attract naive investors, they decided to organize giveaway for all those that hold at least 10 YFIT (10 YFIT=1 ETH). Giveaway has no rules, only thing they have is a vague promise of 5,000 USD worth of ETH. Its pretty obvious and desperate  attempt to get at least some ETH, before they disappear.

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[qwertyup23]

To be honest, whenever I see a YFI-DeFi project being posted on the ANN board, I already assume that such project is either a fake or a scam project.

These people do not exert any effort at all to fix their website, provide all the necessary information about the project, or even post pictures of their team members. I actually confronted one ANN of a DeFi-related project alleging that its contents were plagiarized from two(2) sources but I am still waiting for his reply to my allegation. Nevertheless, I will support the flag and tag the user, Rikaflip. As always, thank you very much for your hard work.

[TheUltraElite]

It was getting empty in this section not seeing another "Yearn" "Finance" DeFi scam project getting busted for the last 2 days, previously we were getting more than one every day.

Just looking at that conversion rate, 1 scamtoken is 1 ETH - damn these guys are desperate for money. Added on top is the giveaway, you get 5k$ for spending 10ETH (approx 4800$) - thats seems like a nice deal for a newbie but of course the money is never there at all.

Flag and Tag are done. Lets see how this unfolds and wait for them to say "It was a bug on site"/ "Whitepaper still being prepared"/ "Team was too shy to click pics"