Dear frontrunners,
A group of anons with NFTs as their PFP and Chinese characters as their discord handle create a “decentralized yield aggregator” on a beta version of an L2 that just launched onto mainnet 90 days ago. The platform offers vaults with 400% APY on USDT, 500% on their native token, 1200% on partner tokens, and 100% on ETH.
The vaults investment strategy? There isn’t one. It’s paying yield to depositors by minting native tokens, but the dev team says it’s only temporary….
“…don’t worry fren, this is just genesis, and next month we’re going to unveil our automated investment strategies and reward early token holders with a $5000 USDT bonus. You are early!” — anon devs
- What are these investment strategies? We don’t know.
- What does their git doc library say? Coming soon.
- Do we even care? Not in the slightest.
- Do we exercise caution? No way, this is a once-in-a-lifetime investment opportunity to create massive wealth or at least buy a green lambo.
…. Does the crypto Twitter brain trust even echo any words of reservation?
