Thread: defi 100

Results 1 to 4 of 4
  1. #1
    Stocks/Investments Moderator boneil's Avatar
    Join Date
    Jul 2010
    Location
    Aberdeen, MD
    Posts
    12,175

    defi 100

    can anyone explain to me what defi 100 was? I say was because it was a scam and the people behind it ran away with millions. Probably the reason behind crypto selling off this weekend
    Thanos was the hero

  2. Member
    Join Date
    Feb 2017
    Location
    Schertz Tx
    Posts
    819
    #2
    nah that wasnt the reason..Telling you big funds are using this as a cash register for an upcoming crash and payout.

  3. Member
    Join Date
    Jun 2009
    Location
    Beauregard, Alabama
    Posts
    4,179
    #3
    Not sure. One article said they were hacked and had not gone under.

    Appears to be another made-up crypto. No farming or mining involved.

  4. Member
    Join Date
    Apr 2012
    Location
    Goldsboro, NC
    Posts
    1,062
    #4
    Just a typical rugpull with an atypical announcement about it. Was an index token supposedly to track the entire defi market.

    Crypto sold off because of China fud. Their digital yuan failing so they needed a better way into the market.