Is it even possible to offer 10% daily reward?

[NFTmark52200]

Is it even possible to offer 10% daily reward? Anyone could suggest me if it is solid or scam project?

I don't know how people staked over 40 Million PIE tokens on this very new platform.

Please share your honest suggestion, i already have faced alot in new projects on BSC chain.

https://applepies.co

[avikz]

Lol! No real world business can generate 10% income on their investment. So this looks like a ponzi scam to me. Anyone can create a token and can declare rewards even at 100% a day. But that does not mean this project is a legitimate one.

Money cannot be created out of thin air. Yes such projects get listed in pancake swap as it has become a hub of scam coins. So if you are getting this coins for free, go ahead. But do not invest your hard earned money into it.

[Tipstar]

No legit business can ever provide a daily 10% profit (for longer period of time). That's absurd amount for any business.
I'd say none of the legit business even can provide 1% profit daily for long term. There might be business achieving that but they won't be able to provide just the investors with such high income for a long term of period. They'll probably stop doing that or decrease their rate or turn into a scam. We might have seen new dex with good rates but the rate is decreased gradually as liquidity increases.
The link you provided is either a total scam or a ponzi in the process of going bust.

[m2017]

Is it even possible to offer 10% daily reward? Anyone could suggest me if it is solid or scam project?

No honest business project can offer such high interest rates. Similar numbers can only be realized in Ponzi schemes due to the influx of new victims into the system.

10% per day is 3650% per year. Unrealistic returns that are best avoided if you value the contents of your wallet.

[YUriy1991]

Please share your honest suggestion, i already have faced alot in new projects on BSC chain.

It's best to learn first, as our seniors here say, don't gamble your money carelessly on things that aren't profitable by participating in things you mean and don't understand, whatever the project or program.

[cryptoaddictchie]

This kind of rate is too steep for any real project or product out there. They will die with this interest rate unless there is something fishy about this. Probably this is another level headed ponzi project.

This may sound legit at first or try to give the 10% daily reward to early users as to get a certain proof of they are legit. However this kind of technique will backfire later on or those who are late comers. Sooner they will pull the trigger and run.

[Bitstar_coin]

That's definitely not going to last long before they either change it drastically or disappear completely. Never get caught up with outlandish Apr which can not be sustainable overtime.
I have learned from experience to never believe in such fake offer, you will only end up regretting. Where will they get the funds to payment 10% daily to customers? Think.

[Kelward]

Lol! No real world business can generate 10% income on their investment. So this looks like a ponzi scam to me. Anyone can create a token and can declare rewards even at 100% a day. But that does not mean this project is a legitimate one.

Money cannot be created out of thin air. Yes such projects get listed in pancake swap as it has become a hub of scam coins. So if you are getting this coins for free, go ahead. But do not invest your hard earned money into it.

The project is definitely a scam, it has Ponzi writing all over it, because giving investors 10% reward daily is not realistic for any business that plans to be in business for a long time. What they'll do is pay the rewards for sometime, after they've gathered enough greedy investors who'll probably sale off all their assets and others will borrow money to invest, by then the scammers have gathered more than enough returns on their scam project, they'll just shutdown. So if OP is up for the game, then it's better that he's not greedy and invests the amount that he can afford to loose, so hopefully he'll get some of his ROI before the ship will capsizes.

[Mate2237]

It is possible because they might be doing to attract people to visit nthe site. Even real or physical business centers or shops do this to attract more people to the businesses. So this should not be a first time for me to see this, I have also done such bonus package to customers before when I was working for cybercafe business center. And because of the bonus customers came and I gave them the bonus rewards. But since one is internet I will only advise you to be careful, because scammers use such rewards to attract people to be scammed.

Ponzi Scheme is also using this method to lure people and also the kind of activities you will be doing to get the reward in this kind of site should be put it into consideration. Because Ponzi Scheme most ask you to click things to get the reward every day. Just stay safe there.

[electronicash]

it won't be long and it will become a scam. defi projects were offering 5% APY and they still ended up a scam.  that 10% they get every day will be sold in the market almost every day by users and the price will never go up til this project dies.

just forget the project and just move on to another. this kind of project will derail investors to think they are earning due to the rewards but you got to think of the real value.

[batang_bitcoin]

10% annually is possible but if it's a daily reward, I don't think that's something legit. Those projects that have high APR/APY are likely going to lower that as soon as investors start to flock on them and stake their tokens.

I don't know how people staked over 40 Million PIE tokens on this very new platform.

You sure that you don't know? Or you are aware and you do know it because you're part of the marketing of that platform and you do the exposure of it in every other platform?

[btc78]

10% every day?

How could a project even reap that much profit let alone willingly spend it for their customers most scams rule people in with statements or claims that are too good to be true (indeed it is) they would really invest their money just to try and look that the project is successful and then when they have gained some profit they can now take it and who knows what they would do with that money they scammed from people

[gabbie2010]

Is it even possible to offer 10% daily reward? Anyone could suggest me if it is solid or scam project?

I don't know how people staked over 40 Million PIE tokens on this very new platform.

Please share your honest suggestion, i already have faced alot in new projects on BSC chain.

https://applepies.co

It's more like a modernized ponzi scheme I don't think or believe any project with 10% daily reward is feasible it can't be sustained on a long term perspective thus a very suspicious project, there is a possibility of regular payment for few number of days thereafter disappeared into thin air after collecting investors funds in other word stay clear out of the project to avoid stories, recall there had been widespread of scam projects in crypto market with extra research scam project can be screen out especially projects that usually bogus reward

[Natalim]

Is it even possible to offer 10% daily reward? Anyone could suggest me if it is solid or scam project?

I don't know how people staked over 40 Million PIE tokens on this very new platform.

Please share your honest suggestion, i already have faced alot in new projects on BSC chain.

https://applepies.co

NO - a usual trick from scammers and they will offer huge rewards to innocent individuals and become a victims.
Maybe if that is 0.1% daily, that seems real but with that amount, you can already think it is a big scam. Buy now and lose after.

Many cases have happened already and it was very clear to us. And my honest suggestion is to stay away from this project and those who offer huge rewards as they are just a scams.

[God bless u]

Its better that a person should invest his own money in a great exchange like binance or kucoin exchange while daily I often see it, that the coin is 40 to 50 percent up It is better to invest in it, for example, if we make a small investment, then 10 percent will get the daily reward. Rather than working in a website or getting caught by a fake website, it is better for a person to trade and earn their own money safely

[Adreman23]

Is it even possible to offer 10% daily reward? Anyone could suggest me if it is solid or scam project?

I don't know how people staked over 40 Million PIE tokens on this very new platform.

Please share your honest suggestion, i already have faced alot in new projects on BSC chain.

https://applepies.co

I think setting a deadline for staking is important to prevent the risk of an excessively large supply of PIE tokens, potentially leading to an infinite supply. Imagine staking 40 million pie with a 10% daily reward, resulting in 4 million pie daily or 120 million pie monthly, (correct me if im wrong)how sustainable such rewards are? and such a significant increase could devalue the token if dumped on the market.  It's essential for the project to establish a clear staking deadline to avoid the risks associated with an overly inflated token supply.

[nelson4lov]

Is it even possible to offer 10% daily reward? Anyone could suggest me if it is solid or scam project?

I don't know how people staked over 40 Million PIE tokens on this very new platform.

Please share your honest suggestion, i already have faced alot in new projects on BSC chain.

https://applepies.co

As a general rule of thumb, always assume that anything that sounds too good to be true is probably not true. It's a rule that works very well for me and you should try it out as well. During the yield farming craze, I saw projects that offered much more APY than the project you quoted and projects that offered around 3-5% daily rewards. What happened to these projects? They all  failed shortly after because the rewards were not suitable.

Another thing you should keep in mind is that BSC chain has the highest number of shitty/scammy/ponzi scheme projects (not saying applePies project is an outright ponzi but you get the point).

[Coyster]

Is it even possible to offer 10% daily reward? Anyone could suggest me if it is solid or scam project?

Definitely a scam project or one that will fail in no time, a 10% reward daily is not feasible and it is most likely a gimmick to allure gullible people to fall for this scheme.

I don't know how people staked over 40 Million PIE tokens on this very new platform.

People are gullible when they are promised unrealistic high returns, crypto investors want to make so much money very quickly and as a result they no longer can tell what looks real and what's too good to be true.

[Ngemmeng]

for me 10% is too big and although it is not a scam but I am sure the token price will fall quickly because of the huge daily rewards. Don't just look at the big daily prizes but you also have to consider the token price.

[JeffBrad12]

its some random token they just probably pull the reward out of their minted coin and call it a day, the APY is totally useless and unreflective at this point. there are many similar altcoin offerring skyrocket apy but we all know by the time we get the reward it would be useless since the coin value might also be gone.
thats why you should do diligent research before hand to see whether it will suits your needs, whether its worth it, and whether its not scam because honestly right now if yous ee many dex they always offer massive APY and that can be fishy, if you're not so sure then its better just to stick with the popular binance launchpool or something like that since its more clear and more guaranteed that nothing will happen to your coin and you will still get some good earning.