S3300 (OP)
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August 26, 2022, 08:23:08 AM |
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What's the end of those high APY projects with 99,000% returns? The likes of Helena and others? I haven't heard about them in a while, the last time I checked they have no volume on exchanges anymore..
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o48o
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August 26, 2022, 09:43:48 AM |
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It all depends on the project, certain tokenomics are just a part of it. It's like saying "What's the end of those PoS, or trx20 / bep20 / TRC20 / Dex / projects. It's a wide umbrella that covers a lot of projects that vary in quality.
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bittick
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August 26, 2022, 09:52:56 AM |
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What's the end of those high APY projects with 99,000% returns? The likes of Helena and others? I haven't heard about them in a while, the last time I checked they have no volume on exchanges anymore..
The main issue must be such very high APY will give big inflation. I will personally said that if the most risky investment for now. If you can't get out once it was getting listed and then it will be going down slowly but bottom may be reached very soon. You must see how inflation has been ruining the price for helena token. It's like a pump and dump token with no utility on it.
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cytpoway121
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August 26, 2022, 09:59:11 AM |
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What's the end of those high APY projects with 99,000% returns? The likes of Helena and others? I haven't heard about them in a while, the last time I checked they have no volume on exchanges anymore..
Staking platforms with very apy % returns is not a sustainable means of investments (atleast to me). Why do i say this? staking itself leads to more tokens in circulation; thereby causing inflation on the long term which leads token to dump mercilessly on the market. Now if you have a very high apy, it means more tokens will be released into circulation even more quickly which will inadvently cause more selling pressure from investors or stake farmers, as an investor; you need a strategic module to scale through the staking process in profits
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malcovi2
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August 26, 2022, 10:00:31 AM |
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Ofc, the money printer stops printing when people stop putting money into it. We all knew that it was a big ponzi scheme and the devs isn't using the money to develop the scheme into a legitimate money making product. Even Olympus isn't recovering the price is almost stagnant and they don't even use the funds to buy-back in order to slowly build back trust from its community.
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Javi_Anibarro
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August 26, 2022, 11:47:17 AM |
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High APY projects have high returns I think it is still liked by many people today. even some of these newly emerging projects with the latest high APY. but so far none of them can be a sustainable DeFi. how are they when they know that this is very risky but only insist on profit.
The high APY project is just a pyramid scheme, that is the fact prove me wrong if you do not think so. Their model is to absorb as much as money they can to create hype and get their initial back + profit from running the project. I have been in many chains BSC, OKT, KCC, Dogechain, etc. And all of them were doing the exact thing, creating A project and then dump. Afterward, they create another project with a different name. The cycle is just like that, they are exploiting peoples' greed to make money and it worked.
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PrivacyG
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August 26, 2022, 12:08:58 PM |
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Honestly, did these projects ever have any legitimate future? You can not have such a currency survive simply due to extreme inflation and no actual planning of anything besides hype and pump & dumps.
People will get right back into it when the next bull run comes by. I wish they would not though, simply due to the impossibility of sustaining these kind of projects.
- Regards, PrivacyG
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cryptoaddictchie
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August 26, 2022, 12:42:04 PM |
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What's the end of those high APY projects with 99,000% returns? The likes of Helena and others? I haven't heard about them in a while, the last time I checked they have no volume on exchanges anymore..
Its high because theres still a lot of room for staking or farming. A pool usually gives out small profits due to lowering APY and thats due to massive staking by users. But I am bit impressed with such project retaining their high figure percentage just like evmos. Its really give you a lot of return but I do hope it will take time before it got lower and slower. Some projects attain already a matured staking and resulted to little to almost no reward even staking huge quantity.
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avikz
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August 26, 2022, 01:22:50 PM |
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What's the end of those high APY projects with 99,000% returns? The likes of Helena and others? I haven't heard about them in a while, the last time I checked they have no volume on exchanges anymore..
High APY projects should be dead for the betterment of crypto economies. I have always avoided such projects because they are mostly run bu ex-hyip admins. After the demise of MMG forum couple of years back, ex-hyip admins were looking for new takers for their nonsenses. As a result, they had included some kind crypto related touch to it. But people are stupid so they again fallen for those! One thing you need to understand, money was never free and it will never be! Focus on biggest cryptos. Smaller non-sense projects can be completely ignored!
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passwordnow
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August 26, 2022, 01:29:58 PM |
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What's the end of those high APY projects with 99,000% returns? The likes of Helena and others? I haven't heard about them in a while, the last time I checked they have no volume on exchanges anymore..
They're unsustainable and might turn into a scam. Who invests with those APYs and it's likely the devs and a few early investors will be the ones to enjoy that high APY. But the rest that will get into those projects that offer too much APY are the ones that will suffer because as soon as the devs and the others have already taken their exit, you'll see the value of the project itself falls even if there's that much apy.
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CuriousGeorge
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August 26, 2022, 01:34:45 PM |
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It will become nothing. You must believe me. It's too good to be true. The fact that almost all of tokens offering non sense APY like that will be alive only for a few months and then after people have been dumping their tokens from daily staking and then they will be moving away to the another project. This is how crypto market works right now. I think that you can understand this correctly. You must remember that if this was based on the fact happened in the market
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$crypto$
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August 26, 2022, 01:47:41 PM |
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What's the end of those high APY projects with 99,000% returns? The likes of Helena and others? I haven't heard about them in a while, the last time I checked they have no volume on exchanges anymore..
High APY projects should be dead for the betterment of crypto economies. I have always avoided such projects because they are mostly run bu ex-hyip admins. After the demise of MMG forum couple of years back, ex-hyip admins were looking for new takers for their nonsenses. As a result, they had included some kind crypto related touch to it. But people are stupid so they again fallen for those! One thing you need to understand, money was never free and it will never be! Focus on biggest cryptos. Smaller non-sense projects can be completely ignored! Look at the high APY project, it looks promising even though this is like a ponzi scheme, for example, an investment of 1000 usd, a monthly return of $1967 USD as seen in the picture, is this promising isn't it? But in fact this is not a good start, it will even tend to die faster, and I always recommend avoiding high APY projects that are offered.
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coin-investor
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August 26, 2022, 01:52:13 PM |
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What's the end of those high APY projects with 99,000% returns? The likes of Helena and others? I haven't heard about them in a while, the last time I checked they have no volume on exchanges anymore..
It's unsustainable and not realistic for the long term, they can offer that very high APY if the project has usability and a platform to back that very high APY, in this new era of investing in Cryptocurrency it's all about usability and support of the community, this very high APY is very similar to Ponzi Scheme, they live on the hype, but they cannot sustain in the market, APY should be reasonable for the longevity of the project.
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Tony116
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August 26, 2022, 01:54:45 PM |
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What's the end of those high APY projects with 99,000% returns? The likes of Helena and others? I haven't heard about them in a while, the last time I checked they have no volume on exchanges anymore..
High APY projects should be dead for the betterment of crypto economies. I have always avoided such projects because they are mostly run bu ex-hyip admins. After the demise of MMG forum couple of years back, ex-hyip admins were looking for new takers for their nonsenses. As a result, they had included some kind crypto related touch to it. But people are stupid so they again fallen for those! One thing you need to understand, money was never free and it will never be! Focus on biggest cryptos. Smaller non-sense projects can be completely ignored! Yes, your mention of HYIP reminds me of them, these high APY projects are no different from the old HYIP sites. The returns are very high, take the money of the latter to pay for the former and projects like this usually don't last long. They are projects that are labelled as scams from the very beginning and only those who are greedy, do not want to do anything and want money will accept to invest in them.
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Pterosaur
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August 26, 2022, 01:58:19 PM |
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Such projects never live long, they end up folding up in a very short period of time, only greedy people who wants to turn 100$ into 100,000$ invest in such projects, when APY is too high it will be hard for the project to survive.
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Rufsilf
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August 26, 2022, 02:01:14 PM |
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What's the end of those high APY projects with 99,000% returns? The likes of Helena and others? I haven't heard about them in a while, the last time I checked they have no volume on exchanges anymore..
Don't get fooled by that kind of attractive offer as this is more probably a scam trick that we usually see around. I expect a tragic ending story for that project and losses for the investors. We'd rather stay away from this and put our money into the projects that we have some assurance, unlike this HIYP that will cause us losses. The market is so tricky that is why we should be careful and wise enough to choose the right and reliable projects.
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Victorik
Member
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Activity: 994
Merit: 14
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August 26, 2022, 02:48:41 PM |
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Hell no! Majority of them end up rugging. It's another attempt to lure people into their get rich quick scheme. Majority of these projects with crazy APY are not sustainable. I mean where are they gonna get the money to pay out.
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BitDane
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August 26, 2022, 03:00:50 PM |
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What's the end of those high APY projects with 99,000% returns? The likes of Helena and others? I haven't heard about them in a while, the last time I checked they have no volume on exchanges anymore..
It looks like the project cannot sustain the market price of the token since the high inflation of token saturated the market making its value to collapse. With a collapsed market value, investors will not be interested because there is nothing to do to a worthless token no matter how huge the holdings is. So this kind of project will eventually die and be forgotten.
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Moeda
Sr. Member
Offline
Activity: 1587
Merit: 271
Enterapp Pre-Sale Live
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August 26, 2022, 03:19:43 PM |
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What's the end of those high APY projects with 99,000% returns? The likes of Helena and others? I haven't heard about them in a while, the last time I checked they have no volume on exchanges anymore..
If a project offers high APY or overdose, we need to ask where to source tokens to pay participants. APY usually keeps decreasing, it depends on the number of people staking. If the percentage does not decrease, of course their staking program will fail. Does not attract the interest of the participants.
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Flexystar
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August 26, 2022, 03:31:37 PM |
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So you said that project is giving out 99.00% returns, which itself makes sense why their volume is almost zero now. Funny. If any project is going to give APY like that then what about the marketing, PR, salaries of the employees, Light bills and shit coffee voucher? How they gonna pay for all of that and still sustain in the market with high volumes? It’s not possible, any project has multiple wings which needs to be pampered with financial support otherwise the project will end up in junkyard. Project with 25% APY is all fine but anything more than that is going into the risk zones and making things crazy for everyone. Just runaway from such claims and always have sensible investments.
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