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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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File: 444 KB, 1377x992, SpaceSwap Scam.png [View same] [iqdb] [saucenao] [google]
28041652 No.28041652 [Reply] [Original]

Warning SpaceSwap Scam

Unlimited Minting Functinon and Developers are anonymous

>> No.28041915

>>28041652
SCAM ALERT!!! SCAM ALERT!!! I AM NOT A POOJEET BOT!!! I AM NOT TRYING TO BUY YOUR SHAKES CHEAPER NOW IT IS PEAKING AGAIN!!!

>> No.28041942

Just sage and ignore, it's a bot post.
This post >>28027652 triggered the lad so the streetshitter wrote a bot to fud

>> No.28041961
File: 208 KB, 1024x698, 1612647934681.png [View same] [iqdb] [saucenao] [google]
28041961

>>28041915

>> No.28042043
File: 72 KB, 750x459, 1612633748941.jpg [View same] [iqdb] [saucenao] [google]
28042043

>>28041961

>> No.28042146

>>28041915
lol

>> No.28042183
File: 188 KB, 881x857, OOOOOOO.png [View same] [iqdb] [saucenao] [google]
28042183

>>28041652
Raaj from mumbai eternally priced out

>> No.28042288

>>28041652
Fuck off faggot.

>> No.28042474

Epic bois, first sentient pajeet spambot, and it’s targeting spaceswap

>> No.28042728

>>28041652
Contracts are time locked retard. Nice FUD, you should of bought the dip yesterday

>> No.28042891

Please fud this again for two days and I’ll be able to afford more shakes. You fuckin idiot Fudders do you think we are that retarded on Biz? Now that is back at 10K you pop up with your fud. Rope yourself scum

>> No.28043036

>>28042891
It's hilarious since the last time "it" popped out of "its" hole was when it was in the 10-12k range
Fucking surreal man, this token has potential.

>> No.28043135

>>28043036
Yeah. Might live off by milk2. I hate fudders but I hope with all my heart that this gets back at a human price like 5K so I can buy 2 more and retire

>> No.28043400
File: 37 KB, 598x494, 412342341234.jpg [View same] [iqdb] [saucenao] [google]
28043400

zeroswap is another possible scam
https://twitter.com/WARONRUGS/status/1357320095337500675

>> No.28043448

>>28043400
bot malfunction

>> No.28043493

>>28043400
Are you fuckin serious? You pop up with that shit and pretend to be taken seriously? Gtfo

>> No.28043517

Ah shit he added the wrong parameters to the bot.
QUICK MUMBASHI FIX THE DAMN CODE

>> No.28043550

>>28043400
Wow no such tweet exists for spaceswap so we just pick random projects and post those tweets now.

SHAKE to 30k

>> No.28043611

>>28043550
No god please I need to buy two more fuck youuuuuuuuuu

>> No.28043790

>>28043611
Ive never seen such bullshit and made up crap spread about a project before.

>> No.28044023

>>28043790
The mark of a good project. I’m not even mad if rashid keeps the fud up, more time to stack this bitch. I don’t want to pay 60K for two shakes

>> No.28044138

>>28043517
LMAOOOOO

>> No.28044193

>>28044023
This is not fud and in no way a lie

Milk is unlimited supply governance token,

The audit even states they have unlimited mint function and the devs are anon

you guys are delusional

>> No.28044296

kek, reply with no correlation that doesn't make any sense

>> No.28044489

>>28044193
They are timelocked contracts dumbass

>> No.28044491

>>28043493
yes. I have seen it mentioned on reddit too and here that they're likely a scam. Use them if you like I don't care, just letting you know

>> No.28044571

>>28043550
i don't get it

>> No.28044699

>>28044489
>>>28027492 (OP) (OP)
>Warning Scam Alert!!!!
>Unlimited Mint Function!!!!
>Anon Devs!!!!
>>>28041652
>>>28041652
>>>28041652
>>>28041652
>>28027492 (OP) (OP)

Warning Scam Alert!!!!

Unlimited Mint Function!!!!

Anon Devs!!!!

>>28041652
>>28041652
>>28041652
>>28041652
Time locks are to make changes to contract itself, time lock contract does not change the ability to mint any amount of tokens at any time

>> No.28044762
File: 9 KB, 228x221, 1606708444317.jpg [View same] [iqdb] [saucenao] [google]
28044762

This scamming is bullish.

>> No.28044812

>>28044699
Lmao. If you can't see this a bot then NGMI

>> No.28044964
File: 160 KB, 750x926, 1612632419179.jpg [View same] [iqdb] [saucenao] [google]
28044964

>>28044812
Not a bot

dont fall for the telegram pajeets getting paid to shill

dont be like this guy

4chan dumbass of the day

>> No.28044965

>>28044193
This is in no way a lie I swear omg sell sell plssssssss

>> No.28045045

>>28044964
You fudders even made a pic with a warning sign and the token logo on it. Come. Fucking. On.

>> No.28045224
File: 204 KB, 404x416, 1388176890456.gif [View same] [iqdb] [saucenao] [google]
28045224

Now he added a parameter to respond to botting accusations LMAO

>> No.28045327

>>28044965
The minting is only for yield farming. They can’t just go create tokens

>> No.28045585

>>28045327
Read the contract they can call mint function

Shake can only be minted until its supply cap is reached of 10k

Milk can be called any time and since it has no cap, it could be bad

anon devs

>> No.28045878

>>28041652
Ofc its a fucking scam anybody with half a brain knew this from the get go.

>> No.28046267

My fucking god you absolute retards stop annoying with your fucking reverse psychology "scam" shit.
This coin is not a scam, but it's still shit. See >>28045585

But also the economics are heavily biased towards the developer team. This is clearly a "get rich quick" scheme on your back and not a project with focus on technology.
There's no reason to hold MILK2. In fact you're at a high risk of inflation due to SHAKE being a thing and infinite supply in contrast to SHAKE's low total supply.
That's an issue because SHAKE is explicitly constructed to price you out. You only have an advantage if you hold full numbers, and you exponentially gain more MILK from mining the more SHAKE you hold. There's no even distribution.
There's literally no reason SHAKE couldn't create payouts at fractional steps but to benefit whales. Which means the team will keep receiving the majority of the payout, which is highly biased towards large SHAKE holders. This is literally how a ponzi scheme works without explicitly being one.

Also a lot of other small things, most importantly farming pools only including MILK, SHAKE and NOAH (which is from a partnering project).
The whole project is directly forked from other projects as well, the only interesting part is the shadow staking.
However, this idea is staked on such a fundamentally flawed project with devs being anonymous on top that there's not much reason to put trust into this, especially when currently staking on their platform only works with their own coins anyway.

>> No.28046511

>>28046267
They have a whole set of pools that let you stake Ethereum and stable coins

>> No.28046736

>>28046267
>the only interesting part is the shadow staking.

Which is a huge fucking deal.

Don't forget sushi started as a clear scam, moreso than this even

>> No.28046756

>>28046511
At much lower yields. You're basically providing a trading bot with money to leverage arbitrage anon.

>> No.28047054

>>28046267
All the same qualities as every other farming coin. I normally avoid these but it seems like it's summer again with shit like Bao and sad cat and rubic blowing up

>> No.28047108
File: 111 KB, 750x814, 1612746888255.jpg [View same] [iqdb] [saucenao] [google]
28047108

>>28046756
WAR ON RUGS JUST TWEETED

LEGIT

WAR ON RUGS

SCAM ALERT

>> No.28047162

>>28041652
idk how the fuck its not 0 already
anon devs and unlimited supply, lmfao

>> No.28047239

>>28047054
BAO is objectively more legitimate than this project.
>highly diverse pools
>higher yields, even considering the vesting
>well-documented tokenomics
>dev is anon but highly communicative and present

>> No.28047328

>>28047108
Holy shit they actually did this time

>> No.28047502
File: 135 KB, 888x1074, Screenshot 2021-02-08 022540.jpg [View same] [iqdb] [saucenao] [google]
28047502

Holy shit.
As I said I was bearish on this shit but didn't think it's an outright scam. I even have a direct network to the Biz behind it.
How the fuck did this get supposedly audited?

>> No.28047689

>>28047108
>>28047162
>>28047239
>>28047328
>>28047502
You almost had me rashid, ngl
Maybe better luck next time

>> No.28047725
File: 243 KB, 752x927, space swam scam alert.png [View same] [iqdb] [saucenao] [google]
28047725

>>28047108
https://twitter.com/WARONRUGS/status/1358584968679731204

https://twitter.com/WARONRUGS/status/1358584968679731204

LEGIT WAR ON RUGS NO TIMELOCK ON MINT FUNCTION

>> No.28047761

>>28047689
Just realize the loss as soon as possible, anon. This is dead

>> No.28047917

>>28047689
>>28047725
hm?

>> No.28048100
File: 140 KB, 750x789, 1612746712122.jpg [View same] [iqdb] [saucenao] [google]
28048100

>>28047917
SCHLAPPY WAR ON RUGS MAIN

BANNED FROM SPACESWAP TELEGRAM

>> No.28048488
File: 162 KB, 750x805, 1612748257731 (1).jpg [View same] [iqdb] [saucenao] [google]
28048488

>>28048100

>> No.28048514

>>28046267
>the only interesting part is the shadow staking
I have a theory that SpaceSwap wasn't the first to come up with shadow staking. I'm not saying that they copied it from somewhere else, but I reckon that other devs have thought of it and rejected it for some reason or another. Which begs the question of why a highly suspicious DeFi project is so far the only one to put it front and centre.

>> No.28048537

Aaand I’m out. I’m still convinced that this whole story generated from a fud and then war on rugs showed up lol

>> No.28048622

>gonna rebuy my 1.25 SHAKE at the bottom if it proves to not be a scam and they fix the contract

>> No.28048627

>>28048537
WARNING THEY ARE BANNIG PEOPLE FROM TELEGRAM

>> No.28048761

>>28047689
Literally just go and check his twitter retard

>> No.28048800

>>28048514
Probably. Their documentation on it seems at least to show some technical insights tho.
You also simply can't discount those amazing illustrations. That alone makes the project noteworthy

>> No.28048915

I asked the admin on telegram for a response and got immediately banned, wtf?
fucking retards