Spotted something sketchy with a $24M vault claiming 0% APY over the past month. Here's the kicker—depositors are actually bleeding 2% monthly. The math ain't mathing. Anyone else notice how these "zero loss" narratives keep popping up while wallets quietly shrink? Would be interesting to see how they justify this gap between marketing and reality.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
13 Likes
Reward
13
7
Repost
Share
Comment
0/400
StableGenius
· 5h ago
lmao the classic "0% apy but your bags mysteriously evaporate" play... watched this exact scheme unfold three times already. empirically speaking these vaults always collapse when the ponzi math finally breaks. inevitable really
Reply0
SwapWhisperer
· 5h ago
0% APY, losing 2% per month—this scheme is really something, haha.
View OriginalReply0
SerumSquirter
· 5h ago
ngl I've seen this trick way too many times. They claim 0% interest, but in reality, you lose 2% per month... just thinking about it makes me sick.
View OriginalReply0
RugPullAlarm
· 5h ago
24M flowed in, with 2% leaking out every month? And this is called 0% APY? Bro, I'm going on-chain to check the fund flows of this vault. Feels like another good show is about to unfold.
View OriginalReply0
NotSatoshi
· 5h ago
A typical Ponzi scheme: 0% APY suddenly turns into a 2% monthly loss, hilarious. The marketing pitches and reality are worlds apart.
View OriginalReply0
BearMarketBard
· 5h ago
0% APY means a 2% negative return? You need to brush up on your math, haha.
View OriginalReply0
MEVHunterLucky
· 5h ago
A 24M treasury boasting 0% yield but actually losing 2% per month? That’s wild. No wonder people keep flaunting their “zero risk” investments in front of me—it’s all the same trick.
Spotted something sketchy with a $24M vault claiming 0% APY over the past month. Here's the kicker—depositors are actually bleeding 2% monthly. The math ain't mathing. Anyone else notice how these "zero loss" narratives keep popping up while wallets quietly shrink? Would be interesting to see how they justify this gap between marketing and reality.