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Binary Options
Binary options subreddit to share strategies and discuss anything related to the BO industry: regulation, scams, strategies, greeks, news, lucky trades, etc.
Binary Options Trading
Learn to **trade binary options** online. Binary options are based on a simple yes or no proposition – you need to decide if asset will go above a certain price at a certain time. We suggest trying out [Binary School](http://gobinary24.com/mobile-app) – a mobile app for learning and trade simulation.
CryptoOptions
A place to discuss a newly emerging market of cryptocurrency options
What is Crypto Binary Options Trading? Is it a scam?
People Share Their Experiences of Recovering from Scammed Bitcoin, Crypto, Binary Options and Forex scam
cryptocurrency scam
First and foremost, being a victim of one of these sophisticated and predatory Fraud and scam operations is not something to be ashamed of. If you come forward and make the necessary efforts, you may be able to recover some or all of your lost funds while also assisting others in avoiding being scammed by the bad guys.
American Forensic Services TheHackerspro has extensive experience assisting clients in recouping and recovering funds lost due to bitcoin, cryptocurrency, binary options, forex, and investment scams. Our team has gained knowledge and experience in the workings of these schemes as well as the methods they employ to attract investors. We also understand how professional negligence can cost you money. Are you looking for the best answers to any of the following search queries?
- Excellent asset recovery service
- Recovery from a binary options trading scam
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- Recovery from a Bitcoin scam
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Three People Shared How TheHackerspro Helped People Recover Lost Funds
“I made a mistake and invested with a crypto trading platform that is not regulated or licensed,” John says. By the time I realized, it was too late. The broker was MDX500 from Switzerland, and my account manager’s name was Max Tillman. Max Tillman took 9.5 bitcoins from my wallet/account that I created here in Toronto Canada via coin-smart account, sold/withdrew my bitcoins, and took all of my money, and they have since stopped responding and refused to return my money. I was duped out of over $437,000 and even reported the incident to the RCMP Canadian police, all to no avail. I was depressed as a result of the experience, but I didn’t give up. I kept looking for solutions and was fortunate to eventually come across a post on
how to recover stolen bitcoins on a metamask support on reddit.
‘Jack’: “I’ve put more than $187,000 into this trading platform, coinexpert24.com.
The platform, as well as the broker, were both defrauded. When the time came for me to take my profit, I did so. The broker demanded that I open a blockchain account into which the profit would be deposited. The blockchain account contains addresses that are inaccessible. The account has been locked and the broker is no longer responding. All of the transactions and correspondence between the broker and myself are in my possession. Please assist me in recovering the funds.”
Kate Middlestone shares her story: “500 investment defrauded me. They stole my money by manipulating the price, spiking me out of money, using slippage, requesting me, and giving me unwanted bonuses. I’m wondering if there’s any way I can get my money back. The offshore bank would hold my money hostage and manipulate prices, resulting in a loss of approximately $Aud293,000.”
How to Recover Funds Lost Due to a Bitcoin, Crypto, Binary Options, or Forex Scam
Step 1: Monitor your credit report.
Once you’ve placed a fraud alert on your credit report, you’re entitled to a free credit report for the year you filed it. Order these reports a month after the fraud alert to ensure that everything, including your personal information, accounts, judgments, collections, and inquiries, looks as expected.
Step 2: Think about filing an extended fraud alert. If you still feel compromised after the initial 90-day fraud alert period, consider filing for an extended fraud alert. This will be in effect for seven years. Contact each credit reporting agency separately. It is possible that you will be asked to submit a copy of your Identity Theft Report.
Step 3: Think about Recovering your digital assets via triangulation from outsourced wallets While the money from financial theft is often never recovered especially when their is an efflux of time already, it may be worthwhile to open a case and begin a triangulation from the outsourced wallets particularly if you have the
transaction id and wallet hashes generated during the transaction then be rest assured you have a good case for recovery, if known. Contact
[email protected] to help you with the funds recovery process or oprn a case directly with their support on live on their platform.
Step 4: Don’t blame yourself Cons, scams, and fraud schemes happen to millions of Americans every year — you are not alone. Try not to blame yourself for being the victim. You couldnt have known as these guys are professionals in their own field with years of expertise doing this. anyone could have fallen for it as they posses all the information available on wall street. this gives then a sharp edge when dealing with their prey. Share your story with others and be a role model for other survivors.
Step 5: Know that resources are available to help There are resources available to victims of cons, scams, or fraud schemes. Go to the
American Forensic Page at TheHackerspro to get the required assistance. submitted by Beneficial-Zone3207 to SeekFinancialFreedom [link] [comments]
People Share How They Recovered Scammed Bitcoin Crypto Binary Options Forex
First of all, there is no shame in being the victim of one of these sophisticated and predatory operations. If you come forward and make the required attempts, you may be able to recover some or all of your lost funds and also help protect others from being scammed by the bad people.
Contact Fiduciadignacorp by sending an email to - [email protected] to get the required assistance in recovering lost funds of $50,000 and above. Fiduciadignacorp has extensive experience in helping clients to recoup and recover funds lost to bitcoin, crypto, binary options, forex and investment scams. Our team have built up knowledge and experience in the workings of these schemes and the methods they use to target investors. We also understand how professional misconduct can cause you to lose money. Are you looking for a the best results to any of the search queries below;
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Three People Shared How Fiduciadignacorp Helped People Recover Lost Funds John shares his experience: “I made a mistake and invested with a crypto trading platform that is not regulated and not licensed. It was too late by the time I realized, the broker – MDX500 broker from Switzerland and the name of my account manager was Max Tillman. Max Tillman took 4.5 bitcoins from my wallet/account that I created here in Toronto Canada trough coin-smart account sold/ withdrew my bitcoins and took all of my money, and now they stopped responding and refused to get my money back. I got scammed for over $160,000, and even reported the case to RCMP Canadian police all to no avail. The experience got me depressed, but I didn’t give up. I kept looking for solutions, and I was lucky to have eventually found
[email protected]”
Jack: “I have deposited over $110,000 onto this trading platform – coinexpert24.com. The platform ended up being fraud along with the broker. When the time came for me to withdraw my profit. The broker had me to open a blockchain account and the profit would be deposited. The blockchain account has addresses that can not be accessed. The account is locked. Now the broker is not responding. I have all of the transactions and correspondence between the broker and myself. Please help me recover the funds”
Antonia shares her experience: “I was scammed by videoforex. They stole my funds by manipulating price/spiking me out of the money/ using slippage/ and requesting me as well as giving me unwanted bonuses. I want to know if there is anyway I might be able to recover my funds. The offshore broke would hold my money hostage and manipulate price all which led to me loosing around 93k.”
Step to Recover Funds Lost to Bitcoin, Crypto, Binary Options, Forex Scam Step 1: Keep track of your credit report Once you have put a fraud alert on your credit report, you are entitled to an additional free credit report for the year in which you filed it. Order these reports a month after the fraud alert to make sure everything looks like you expect it to, including your personal information, accounts, judgments, collections, and inquiries.
Step 2: Consider filing an extended fraud alert If after the 90-day period of the initial fraud alert you still feel compromised, consider filing for an extended fraud alert. This will last for seven years. Contact each credit-reporting agency individually. You may be asked to submit a copy of your Identity Theft Report.
Step 3: Think about filing a civil suit in court While the money from financial theft is often never recovered, it may be worthwhile to sue the company or individual that is responsible for your loss, if known. Contact
[email protected] to help you with the funds recovery process.
Step 4: Don’t blame yourself Cons, scams, and fraud schemes happen to millions of Americans every year—you are not alone. Try not to blame yourself for being the victim. Share your story with others and be a role model for other survivors.
Step 5: Know that resources are available to help There are resources available to victims of cons, scams, or fraud schemes. Contact Fiduciadignacorp
via [email protected] to get the required assistance in recovering lost funds of $50,000 and above.
This article was originally published on Inscribermag, and here is the
link to the original article.
submitted by johnyeejus12 to u/johnyeejus12 [link] [comments]
Do/can you trade crypto binary options?
All of the sites for binary option btc trading seem to broken. i.e satoshioption. Most don't even exist anymore. Can you do this? I want to hur dur my coins on one off bets where do?
submitted by polynomno to SatoshiStreetBets [link] [comments]
Energy Funds Review - Legit 400% Crypto Binary Options or Big Scam?
Alleged Las Vegas Scammer Charged for $11 Million Crypto Binary Options Ponzi
Alleged Las Vegas Scammer Charged for $11 Million Crypto Binary Options Ponzi
03-25 00:44 - 'BitcoinEthereumBinary.com Launches Crypto Binary Options Platform Using CryptoCompare' (bitcoinethereumnews.com) by /u/telorecomiendo removed from /r/Bitcoin within 190-200min
submitted by removalbot to removalbot [link] [comments]
Alleged Las Vegas Scammer Charged for $11 Million Crypto Binary Options Ponzi
Alleged Las Vegas Scammer Charged for $11 Million Crypto Binary Options Ponzi
Alleged Las Vegas Scammer Charged for $11 Million Crypto Binary Options Ponzi
FXGO - all in one system contains popular trading platforms as Forex, Crypto, Binary Options, with embedded clients portal that included important features as full money processing and helpdesk
Airdrop EOPT Crypto Binary Options Token ... $200 worth. The team has won top VC's investment. /r/Bitcoincash
First Crypto Binary Options Cryptobo.com 500 satoshi for free on real balance!!!
submitted by crypto-option to BitcoinGambling [link] [comments]
2 Proven Best Ways to Recover Scammed Bitcoin, Money Lost to Binary Options Forex
There has been a spike in the number of cryptocurrency scam (bitcoin scam, especially), binary options scam and forex scam in recent years. There are a lot of fraudulent cryptocurrency investment websites, as well as fake binary options and forex brokers. A lot of investors have lost (are still losing) money to these bitcoin cryptocurrency and binary options forex investment scams.
Do you need help to; retrieve stolen bitcoin, recover scammed bitcoin, report a bitcoin scammer to reclaim crypto? There are two ways to go about recovering your lost money. You can either follow a series of funds recovery processes as a way to get money back from bitcoin scammer. Or you can hire a bitcoin recovery expert or funds recovery expert to help recover money lost to binary options forex, and bitcoin cryptocurrency scams.
How to Recover Scammed Bitcoin Using DIY Have you lost bitcoin to scam? Recover scammed or stolen bitcoin cryptocurrency yourself by following these 4 DIY steps below;
A.) Contact the Fraudulent Crypto Investment Platform: You will have to contact the trading platform that scammed you and stole your bitcoin cryptocurrency. Make them know that if they do not return your money, you will report them to the relevant financial authorities. This does not necessarily guarantee that they will give you your money back, but it is definitely a step in the right direction. Because when followed by action, your efforts could pay off.
B.) Report to Relevant Financial Authorities: Either you suspect you may be, or you know are a victim of trading fraud and you are doing everything you can to get justice. Perhaps you have already opened a case with a scam recovery company like ours but you want to make sure that other traders do not make the same mistake. When you file your complaint, make sure to provide as much information as possible.
C.) Get Help Online: If you are keen on getting your money back, you may ask yourself the following questions; have I exhausted all options in getting my money back? Would I just give up if it were to be a million dollars? Try to publicize your story and seek help online in any way you can. For example, post the name of the broker on Reddit, Quora or Facebook or social media to see if there are others who have information on this company or any clues as to how you could get your money back. This may also help prevent others from digging a whole in their bank account or credit card.
D.) Inform Your Crypto Wallet Provider: Contact your bitcoin wallet or crypto wallet and notify them that the company you paid is a scam and is refusing to give your money back. This will raise awareness and ultimately jeopardize any scams relationship with the crypto wallet which may also help prevent others from being scammed. Hire Bitcoin Recovery Expert to Recover Scammed Bitcoin
The other option will be to hire a bitcoin recovery expert to recover scammed bitcoin. A bitcoin recovery expert is able to track bitcoin transactions and also investigate and apply all necessary technical processes needed to recover funds lost to bitcoin investment scam and other high level digital currency scams.
Using the service of a bitcoin recovery expert to recover scammed bitcoin, offers you the best and the largest crypto recovery / reclaim solution by providing the potential for billions of dollars in misappropriated cryptocurrency to be effectively and legally recovered.
Before now, there was no end-to-end effective solution in the public market for pursuing the rights of victims of cryptocurrency-related frauds. The early stage, cross-border character, scale, and new technological complexity of blockchain has hindered efforts of victims and law enforcement. A bitcoin recovery expert is able to use the combination of fit for purpose technology, operational processes, experience and capabilities to effectively recover scammed or stolen bitcoin and other misappropriated virtual assets.
Best Bitcoin Recovery Expert to Recover Scammed Bitcoin Who needs to hire a bitcoin recovery expert? Anyone who has lost cryptocurrency funds in any form of a hack, shut down and/or hacked exchange, ransomware, ransoms, fake ICOs or who simply has lost funds by sending them to the wrong address. Did you lose lose access to your account by losing your bitcoin private key or, did you lose money to fake bitcoin miners?
You can get all your lost funds back by hiring one of the best bitcoin recovery experts out there. After a lot of thorough examination and scrutiny, we present to you the best bitcoin recovery experts;
[email protected] Recover Money from Binary Options and Forex Loss Have you been misled and scammed by Online Trading, Binary Options / Forex or Cryptocurrency? It is time to recover the money you lost with Binary Options! Once you know how scammers work and all their tricks, then it is almost certain you will get your money back. There are networks of interconnected specialists and firms which is 100% operational and worldwide.
This networks knows how to follow and recover your money, making sure it is refunded. If you got hurt by one of those scammers, please contact one of the recommended recovery experts with the form urgently, we assure you that you will get your money back within a short period of time. Let us examine 2 ways to recover money lost to binary options;
A.) Get Your Money Back Through a Chargeback: If you have fallen victim to a binary options scam then the easiest way to get your money back is through something known as a chargeback. A chargeback is a way of claiming your money back directly via your card-issuer or bank & its very effective.
By issuing a chargeback you do not have to deal with the binary options company directly, instead you simply deal with your card-issuer or bank & they handle the communications with the specific company that scammed you on your behalf.
The good thing about the chargeback is that the customer is generally favored to win the case right from the very start. As a customer issuing a chargeback your card-issuebank basically takes your side & then it is up to the merchant (the company that scammed you) to prove that they delivered a quality service to you.
Here are a few quick important points about chargebacks:
- You can use a chargeback even if the company has since closed down
- Typically you must make a chargeback within 120 days of when you first noticed the problem
- Visa has an overall chargeback cut off date of 540 days from the date you initially sent the money
B.) Hire a Funds Recovery Expert to Recover Money Lost to Binary Options Forex: Since I spent a lot of time exposing these scam binary systems & brokers over the past couple of years Ive had a lot of people who have been involved (and burned) by binary options systems reach out to me for help.
To this day I still get emails from people, but what Ive noticed recently is a trend of people asking me about specific binary option recovery companies that claim they are dedicated to helping binary options victims to get their money back.
Now these companies certainly
can help, but a chargeback is actually something you can do yourself (and its fairly straight forward too). Im going to show you exactly how you can do it right here in this blog post & if you feel confident you can attempt to handle the case yourself.
Hire Funds Recovery Experts to Recover your Lost Funds and Get Money Back from Binary Options Forex So if you decide you would like the help of a third party company, then they would be my top pick but if you are feeling confident about tackling it yourself then you need to initiate a chargeback via your card issuer to attempt to get a refund.
Recover from binary options, forex trading losses. Get professional help to recover money loss in binary options loss, recovery of money from binary options fraud, forex and binary options trading scam recovery. Stop losing money, and recover your money within the shortest time frame. Contact any of this recovery experts;
[email protected] They also offer the best trading strategies to help you continually make good amount of money and operate a profitable trading system.
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The first article was published on Apnews.com, you can find link to the detailed article and all the other information you need
here.
submitted by johnseozone to u/johnseozone [link] [comments]
How to Track your infidelity issues, Recover your lost assets in cryto/binary-Option
Hackangelslabs was established long ago by Morton caples (pen name). After working for a major recovery and specialist agent in diffrents fields like crypto, binary options and private investigation company, Morton decided that it is no longer in alignment to his beliefs and values knowing how the entire scam process works. Now, Hackangelslabs is working hard to provide services to all those who got scammed around the world.
Track your infidelity issues, Recover your lost assets in cryto/binary-Option. Visit
https://hackangelslab.com/#conta Email : [
[email protected]](mailto:
[email protected])
submitted by Open-Development-425 to u/Open-Development-425 [link] [comments]
bitcastle Launches The world’s Fastest Cryptocurrency Binary Option [HIGH&LOW]
| Dear bitcastle supporter!! bitcastle is delighted to introduce you to our new milestone - HIGH&LOW. HIGH&LOW is a binary option that allows you to trade cryptocurrencies in a different way just within bitcastle platform! HIGH&LOW, the world’s fastest cryptocurrency binary option is now available. https://preview.redd.it/8zjzcmqofhg61.jpg?width=800&format=pjpg&auto=webp&s=4094e29e6774a82a32d2e6ecc6b5f2b1c7cd7ac9 bitcastle is delighted to introduce you to our new product, HIGH&LOW, the crypto-crypto binary option that allows you to trade cryptocurrencies in a different way just within bitcastle platform! In HIGH&LOW, our LIGHTNING options could achieve the world fastest crypto options at only 5 seconds!! Experience high-speed trading at no where else but only in bitcastle. It doesn’t end here!! HIGH&LOW also brings you payout excitement. In this release, bitcastle also would like to announce that we issued a token specially for HIGH&LOW named BCAST. With our B-CAST system, HIGH&LOW brings you 2 special features which allow you to increase HIGH&LOW default payout rate. - Hold a certain amount of BCAST token, you will be ranked according to the requirement and based on the ranking allocation, you will specially have the privilege to trade at the increased payout rate.
- You may also manually increase the default payout rate by using your BCAST token onto each trading transaction.
Yes, it has one of the highest payout up to 210%!! Find out more at HIGH&LOW now and experience the newest trading excitement. Here are the pairs available in all options in HIGH&LOW. BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD How HIGH&LOW works? 1. Click on the HIGH&LOW logo on the top left corner, you will see HIGH&LOW page. 2. Click on the [+] button right beside your Account Balance at the top right page. Choose USDT or BCAST to transfer balance from your exchange account. (Make sure you have balance in your account balance) 3. When transfer is done, you may start to explore the excitement of HIGH&LOW! Enjoy! submitted by bitCastleExchange to u/bitCastleExchange [link] [comments] |
Kimex exchange is a Decentralized Binary Options Platform Powered By Blockchain
Simple binary options trading on crypto
how to recover lost money in an investment
how to recover lost money in an investment. Any time you make an investment, there’s a chance you may lose money. This can happen from bad investment performance, your investment company going bankrupt, or outright fraud. When you lose money in an investment, you might be able to recover it, but it depends on why your investment went sour.
Investments are a balance between risk and return. Risky investments like stocks pay a much higher return than bank accounts. Unfortunately, these investments can also tank big-time. If you lose money from bad investment performance, you should reevaluate your current strategy. Were your losses from bad choices or were they from a market downturn? Stocks in general may sometimes lose money during a short period but make up the losses plus much more over the long run. If you think your investment choices are still sound, don’t panic and wait for the market downturn to end. Your stocks should eventually rebound and recover your lost money.
Company Bankruptcy
You can also lose money if your bank or investment firm goes bankrupt. The Federal Deposit Insurance Commissioner (FDIC) protects regular bank accounts. If your bank goes bankrupt, the FDIC insures up to $250,000 of your bank deposits. Contact the FDIC to reclaim your lost money. The government also insures brokerage accounts with the U.S. Securities Investor Protection Corporation (SIPC). This agency insures covers you for up to $500,000 of funds lost to bankruptcy. Note that the SIPC only protects against your firm going bankrupt, not against your regular losses in the stock market. Unless you get an adrenaline rush from living dangerously, make sure your bank or brokerage are covered by FDIC or SIPC.
Inappropriate Financial Advice
Financial advisers like insurance agents and stockbrokers have a legal obligation to serve there clients properly. They are not allowed to recommend products that don’t fit your situation. For example, a stockbroker should not recommend risky stocks to a retiree who cannot afford to lose money. If you lost money because you were misled into buying inappropriate investments, you can file a complaint with the Securities and Exchange Commission (SEC) or FINRA, the Financial Industry Regulatory Authority. If these agencies agree with your claim, you may get your money back and your adviser may lose his license. Once again, this only applies against misleading or improper advice. If you ask for risky stocks and you lose money, you’re out of luck and can’t file a claim.
Illegal Investment Schemes
Investors also lose money from outright fraud. Criminals set up illegal investment schemes, like Ponzi schemes, to steal money from investors. If you lost money from a fraudulent investment, you should contact a financial attorney. She will review your case and determine what options you have to recover money. You may be able to reclaim money from the criminals or the government may create a fund to return your money. Each situation is different and a financial lawyer helps you find the best solution.
How to Recover Lost Money in an Investment Have you been misled and scammed by Online Trading, Binary Options / Forex or Cryptocurrency? It is time to recover the money you lost with Binary Options, iq options,brokerage scam, investment scam and all form of digital cryptocurrency scam!
Once you know how scammers work and all their tricks, then it is almost certain you will get your money back. There are networks of interconnected specialists and firms which is 100% operational and worldwide.
This networks knows how to follow and recover your money, making sure it is refunded. If you got hurt by one of those scammers, please contact one of the recommended recovery experts with the form urgently, we assure you that you will get your money back within a short period of time. Let us examine 2 ways to recover money lost to binary options;
A.) Get Your Money Back Through a Chargeback: If youve fallen victim to a binary options scam then the easiest way to get your money back is through something known as a chargeback. A chargeback is a way of claiming your money back directly via your card-issuer or bank & its very effective.
By issuing a chargeback you do not have to deal with the binary options company directly, instead you simply deal with your card-issuer or bank & they handle the communications with the specific company that scammed you on your behalf.
The good thing about the chargeback is that the customer is generally favored to win the case right from the very start. As a customer issuing a chargeback your card-issuebank basically takes your side & then it is up to the merchant (the company that scammed you) to prove that they delivered a quality service to you.
Here are a few quick important points about chargebacks:
- You can use a chargeback even if the company has since closed down
- Typically you must make a chargeback within 120 days of when you first noticed the problem
- Visa has an overall chargeback cut off date of 540 days from the date you initially sent the money
B.)
Hire a Funds Recovery Expert to Recover Money Lost to Binary Options Forex: Since I spent a lot of time exposing these scam binary systems & brokers over the past couple of years Ive had a lot of people whove been involved (and burned) by binary options systems reach out to me for help.
To this day I still get emails from people, but what Ive noticed recently is a trend of people asking me about specific binary option recovery companies that claim they are dedicated to helping binary options victims to get their money back.
Now these companies certainly
can help, but a chargeback is actually something you can do yourself (and its fairly straight forward too). Im going to show you exactly how you can do it right here in this blog post & if you feel confident you can attempt to handle the case yourself.
Hire Funds Recovery Experts to Recover your Lost Funds and Get Money Back from Binary Options Forex So if you decide you would like the help of a third party company, then theyd be my top pick but if you’re feeling confident about tackling it yourself then you need to initiate a chargeback via your card issuer to attempt to get a refund.
Recover from binary options, forex trading losses.
Get professional help to recover money loss in binary options loss, recovery of money from binary options fraud, forex and binary options trading scam recovery. Stop losing money, and recover your money within the shortest time frame. Contact any of these two recovery experts;
Both companies also offer the best trading strategies to help you continually make good amount of money and operate a profitable trading system.
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submitted by kareenphp to SeekFinancialFreedom [link] [comments]
Fundigelicals really process things the way children do. There is an abundance of binary thinking. "Do you follow Jesus or are you an enemy of god?" There's a bunch of options in between, Karen!!
Llamaswap to the moon 🚀 $LAMA x10 x100 Incredibly low market cap!
Llamaswap to the moon 🚀 $LAMA x10 x100 Incredibly low market cap!
Reddit:
llamaswap This is a CRAZY hidden gem with HUGE potential… It only has a $20,000 market cap, meaning x10 and x100 are truly possible very quickly! With new features that I will explain this could go parabolic and do a 1000x! I have seen other projects with no real use reach $2m market cap, so what can a coin with a use achieve? Much more!
This project is already established and 100% transparent. It has an excellent active team. It is also SAFU so there is no migrator function, reducing the risks of ‘fast scam’ ‘pyramid scheme’ like projects that run the false title of ‘SAFE’. As their docs say, there has been “too many rug pulls lately in the BSC space have eroded the community confidence over honest teams and reputable projects. Crypto can be extremely profitable for all the actors involved, still being honest, loyal and transparent to the community”. Don’t just take my word, look for yourself (link below)
LlamaSwap is a yield farm staking platform on BSC (meaning cheap transactions). It is Pancake/Goose fork, but do not let that put you off, here me out. The projects aim is to develop on the already successful DeFi projects, such as pancake, developing a healthy community with upcoming ‘Gambles’ (to create a unique burning mechanism) and a hugely anticipated NFT game!
The developers often write articles with their views on the current market and happenings (link below), it is a fun read! This shows their knowledge and active dedication to improve their product.
The tokenomics seem fair and well thought out, with fees collected from farms and pools used for periodical buybacks and burns. Tokens are distributed with farmers getting 90.9% of the rewards per block and the devs getting ~9.09% of the rewards per block. A separate, dedicated wallet (the burning wallet) receives a portion of the bought-back LAMAs in order to stake them in the staking pool. This way, LAMA keep the APY lower and help sustain LAMA value. There for, all ultimately benefit.
An excellent road map! Unique Lottery and gambles to flood you with LAMA prizes AND keep the supply under control. With fun and innovative games under construction that I can’t wait for such as Llama or Drama! Also, NFT collectibles that have a use! Yes, they will not just look pretty, they we be usable in games giving them value. These will be delivered hopefully in Q2 and Q3, with more also in the pipeline (link below).
On top of Lama token, used for farming, the next phase of the project will introduce a utility token called SPIT, that will be used for all new features like those mentioned above and also something new for crypto, binary options trading, to quote the dev "this is HOT! We’ll reveal more info soon) ;)".
I can’t see a fault in this token so far! I love the product and the massive potential possible, and I’m really excited to see this small, amazing community develop!
Links Mentioned –
Security:
https://docs.llamaswap.finance/#/security Tokenomics:
https://docs.llamaswap.finance/#/tokenomics Roadmap:
https://docs.llamaswap.finance/#/roadmap Latest Article:
https://llamaswap.medium.com/the-emperor-wears-no-clothes-3858e1e5cba3 Links –
Website:
https://llamaswap.finance/ BscScan:
https://bscscan.com/token/0x0FC013E24AE732fcEc9Eb6BF8CAE12782a56bE7E?a=0xc79a2e763318580076f7609777b9862dc06886c1#tokenInfo Pancake:
https://exchange.pancakeswap.finance/#/swap?outputCurrency=0x0FC013E24AE732fcEc9Eb6BF8CAE12782a56bE7E Telegram:
https://t.me/LlamaSwap Twitter:
https://twitter.com/llamaswap submitted by sebfoy56 to binance [link] [comments]
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