50% apy on usdt. Safe or potential scam? Can anyone tell

[akaseo]

50% APY for storing USDt in Wallet

In collaboration with TON Foundation, Wallet launches the Wallet Earn campaign and allocates $30M for USDt holders!

To participate in the program, deposit up to 3,000 USDt into your bonus account. You'll receive a 50% APY in the first two weeks and a 25% APY in the next two weeks.

There are no hidden terms or strict limitations in the campaign. You can start with any amount and add more to your Wallet Earn account before the end of the deposit period if you wish. Rewards are calculated daily and can be withdrawn every day or at the end of the deposit period. They will be credited to TON Space or the TON wallets in Toncoin at the current exchange rate. You can close the deposit and get your funds with interest anytime.

A similar campaign for Toncoin holders will be announced soon. Stay tuned!

FAQ
Terms and Conditions

I really want to know


Context: telegram wallet is providing this.

 

[coolMalik1]

Scam ! Just put your money when they feel like they have enough, they will run away with yorur deposits.

Imagine they give first 100 people money like this, they loose around 50% of first deposits, but when next 200 people put there deposits, they might wind up altogether i.e running away.

 

[BrandingCat]

50% APY for storing USDt in Wallet

In collaboration with TON Foundation, Wallet launches the Wallet Earn campaign and allocates $30M for USDt holders!

To participate in the program, deposit up to 3,000 USDt into your bonus account. You'll receive a 50% APY in the first two weeks and a 25% APY in the next two weeks.

There are no hidden terms or strict limitations in the campaign. You can start with any amount and add more to your Wallet Earn account before the end of the deposit period if you wish. Rewards are calculated daily and can be withdrawn every day or at the end of the deposit period. They will be credited to TON Space or the TON wallets in Toncoin at the current exchange rate. You can close the deposit and get your funds with interest anytime.

A similar campaign for Toncoin holders will be announced soon. Stay tuned!

FAQ
Terms and Conditions

I really want to know


Context: telegram wallet is providing this.

It may sound significant, but the APY appears small when considering a maximum investment of 3k over a short period. Clearly, it's not a scam, as evidenced by its prominence at Token 2049 Dubai. Additionally, Telegram stands out as one of the genuine unicorns in the IT industry recently.

Their goal is to let people know the 0% fees between Telegram wallets and the simplicity, it's another kind of advertising.

DYOR 2 minutes and you will find out, it takes you longer to post this thread.

 

[impriyal]

scam

 

[akaseo]

It may sound significant, but the APY appears small when considering a maximum investment of 3k over a short period. Clearly, it's not a scam, as evidenced by its prominence at Token 2049 Dubai. Additionally, Telegram stands out as one of the genuine unicorns in the IT industry recently.

Their goal is to let people know the 0% fees between Telegram wallets and the simplicity, it's another kind of advertising.

DYOR 2 minutes and you will find out, it takes you longer to post this thread.

Yeah but still big names have scammed before so wanted to ask

scam

Please give a reason

Scam ! Just put your money when they feel like they have enough, they will run away with yorur deposits.

Imagine they give first 100 people money like this, they loose around 50% of first deposits, but when next 200 people put there deposits, they might wind up altogether i.e running away.

Yeah that sounds true. I was only confused with one thing why would they give 50% ? Like how are they more than 50% from that? Because if not then why else would they ask for that amount

 

[TheSplinter]

Nobody is gonna offer you 50% of your investment EVER!!!!!!!!!!!!!

 

[djsobuj]

It is from letegram, right?

 

[Arpito]

Scam, a big one!

 

[Latexpolka]

So scammy
Run

 

[Pawix]

It's probably not a scam, but you would get only $83 dollars from $3000 investment assuming that TONcoin price doesn't change

 

[deroty]

Don't beleive that. If it sounds too good to be true then it it not true.

 

[roydan]

At the end of these 4 weeks you'd get a little less than 3%. Which is not bad but not as exciting as 50% APR sounds.

 

[Beverly9]

scams will be banned immediately

 

[jackSparrow6]

will be scam/Ponzi

 

[verbroek jan]

seems like Binance is at it again scamming their customers with fake operations

 

[alonelywriter]

Either it is gonna be the biggest scam exit of the century or a good Opportunity for those who have 3000$.

TON is the currency telegram is using for its ads. So it might be a marketing campaign to promote TON further.

 

[Deleted member 1927007]

This is scam noone give 50% apy

 

[berserk.guts]

It's a scam

 

[savitaprasad]

50% APY for storing USDt in Wallet

In collaboration with TON Foundation, Wallet launches the Wallet Earn campaign and allocates $30M for USDt holders!

To participate in the program, deposit up to 3,000 USDt into your bonus account. You'll receive a 50% APY in the first two weeks and a 25% APY in the next two weeks.

There are no hidden terms or strict limitations in the campaign. You can start with any amount and add more to your Wallet Earn account before the end of the deposit period if you wish. Rewards are calculated daily and can be withdrawn every day or at the end of the deposit period. They will be credited to TON Space or the TON wallets in Toncoin at the current exchange rate. You can close the deposit and get your funds with interest anytime.

A similar campaign for Toncoin holders will be announced soon. Stay tuned!

FAQ
Terms and Conditions

I really want to know


Context: telegram wallet is providing this.

Op did you give it a try at all?

 

[QueenAlin]

Most Likely Scam.