07-07-2021, 09:35 AM
SCAM Alert! Very concerned about the new ShibSwap that just went live!
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/oetj6z/scam_alert_very_concerned_about_the_new_shibswap/"> <img src="https://external-preview.redd.it/aLKPYQO8E038G3oWxnHEMhDDtXIyTPMHB2YpdJ6d7Hc.jpg?width=108&crop=smart&auto=webp&s=80ee089539ea5d292541ad4616b914c093cb8f7a" alt="SCAM Alert! Very concerned about the new ShibSwap that just went live!" title="SCAM Alert! Very concerned about the new ShibSwap that just went live!" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>So I (a long time ago) originally swapped around <strong>2 billion SHIB</strong> tokens at it early stages, and sold about half my supply during it's ATH, which is by itself a crazy amount of money to make for the miniscule investment I made.</p> <p>Even after the phenomenal crash it was still at a much higher price, so I figured YOLO and decided to keep them forever to see where this crazy roller coaster ride is going to take everyone (irrespective of whether it's a <strong>SCAM or not</strong>).</p> <p>Fast forward to now, the <strong>ShibaSwap just went live</strong>, and I haven't connected my wallet yet, but there is <strong>no legit way a Swap can offer 52349.29% APR right!?</strong> The discord and reddit channels are filled with people already putting their money in, and I don't have enough Karma to comment or post on them, but hopefully someone from there can see this, and think long and hard before they connect their wallet and transfer their BONE or SHIB.</p> <p><strong>NOTE:</strong> I had to pay and get a subscription to be able to post this (hopefully it's not removed again)</p> <p><strong>PS:</strong> I might still create a new wallet just to see how deep / long this goes. I've never been a part of something this crazy before, and since I already made more than I ever thought off making from this coin, I'm planning to use the rest to investigate what in the world is going on and help warn others if it is indeed a SCAM! <strong>Updates to follow in the coming weeks.</strong></p> <h1>Updates</h1> <ul> <li>Devs have transferred owner role to a 6 / 9 multisig, to address the below staking contract concern, follow thread for info: <a href="https://twitter.com/bantg/status/1412370758987354116">https://twitter.com/bantg/status/1412370758987354116</a></li> </ul> <p>​</p> <ul> <li>Swap <strong>staking contract may allow migration of deposited funds</strong> ? (needs confirmation), follow thread for info: <a href="https://twitter.com/valentinmihov/status/1412352490918625280">https://twitter.com/valentinmihov/status/1412352490918625280</a></li> </ul> <p>​</p> <ul> <li>I do plan to use the platform to investigate this further after the first week, when the platform data reflects the current week's activity. Apparently the theory is, <strong>it needs about a week!</strong></li> </ul> <p>​</p> <ul> <li>The <strong>APR has gone down</strong> (and liquidity has gone up) since the original screen was taken! I've updated the screens added to the post ?</li> </ul> <p><a href="https://preview.redd.it/0vj8xuam1l971.png?width=2559&format=png&auto=webp&s=88eea7fe0ba2468ae7b7a2accd49b79ebaf8c18f">Screen taken within the first 30m</a></p> <p><a href="https://preview.redd.it/4e4tlxvkap971.png?width=2555&format=png&auto=webp&s=77fa8c527083475caf762602d71e6e6f752b23ab">Screen taken a day after the launch</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/r0ughnex"> /u/r0ughnex </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/oetj6z/scam_alert_very_concerned_about_the_new_shibswap/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/oetj6z/scam_alert_very_concerned_about_the_new_shibswap/">[comments]</a></span> </td></tr></table>Kind Regards R
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/oetj6z/scam_alert_very_concerned_about_the_new_shibswap/"> <img src="https://external-preview.redd.it/aLKPYQO8E038G3oWxnHEMhDDtXIyTPMHB2YpdJ6d7Hc.jpg?width=108&crop=smart&auto=webp&s=80ee089539ea5d292541ad4616b914c093cb8f7a" alt="SCAM Alert! Very concerned about the new ShibSwap that just went live!" title="SCAM Alert! Very concerned about the new ShibSwap that just went live!" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>So I (a long time ago) originally swapped around <strong>2 billion SHIB</strong> tokens at it early stages, and sold about half my supply during it's ATH, which is by itself a crazy amount of money to make for the miniscule investment I made.</p> <p>Even after the phenomenal crash it was still at a much higher price, so I figured YOLO and decided to keep them forever to see where this crazy roller coaster ride is going to take everyone (irrespective of whether it's a <strong>SCAM or not</strong>).</p> <p>Fast forward to now, the <strong>ShibaSwap just went live</strong>, and I haven't connected my wallet yet, but there is <strong>no legit way a Swap can offer 52349.29% APR right!?</strong> The discord and reddit channels are filled with people already putting their money in, and I don't have enough Karma to comment or post on them, but hopefully someone from there can see this, and think long and hard before they connect their wallet and transfer their BONE or SHIB.</p> <p><strong>NOTE:</strong> I had to pay and get a subscription to be able to post this (hopefully it's not removed again)</p> <p><strong>PS:</strong> I might still create a new wallet just to see how deep / long this goes. I've never been a part of something this crazy before, and since I already made more than I ever thought off making from this coin, I'm planning to use the rest to investigate what in the world is going on and help warn others if it is indeed a SCAM! <strong>Updates to follow in the coming weeks.</strong></p> <h1>Updates</h1> <ul> <li>Devs have transferred owner role to a 6 / 9 multisig, to address the below staking contract concern, follow thread for info: <a href="https://twitter.com/bantg/status/1412370758987354116">https://twitter.com/bantg/status/1412370758987354116</a></li> </ul> <p>​</p> <ul> <li>Swap <strong>staking contract may allow migration of deposited funds</strong> ? (needs confirmation), follow thread for info: <a href="https://twitter.com/valentinmihov/status/1412352490918625280">https://twitter.com/valentinmihov/status/1412352490918625280</a></li> </ul> <p>​</p> <ul> <li>I do plan to use the platform to investigate this further after the first week, when the platform data reflects the current week's activity. Apparently the theory is, <strong>it needs about a week!</strong></li> </ul> <p>​</p> <ul> <li>The <strong>APR has gone down</strong> (and liquidity has gone up) since the original screen was taken! I've updated the screens added to the post ?</li> </ul> <p><a href="https://preview.redd.it/0vj8xuam1l971.png?width=2559&format=png&auto=webp&s=88eea7fe0ba2468ae7b7a2accd49b79ebaf8c18f">Screen taken within the first 30m</a></p> <p><a href="https://preview.redd.it/4e4tlxvkap971.png?width=2555&format=png&auto=webp&s=77fa8c527083475caf762602d71e6e6f752b23ab">Screen taken a day after the launch</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/r0ughnex"> /u/r0ughnex </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/oetj6z/scam_alert_very_concerned_about_the_new_shibswap/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/oetj6z/scam_alert_very_concerned_about_the_new_shibswap/">[comments]</a></span> </td></tr></table>Kind Regards R