Crypto Yield Farms
So I’ve been into Crypto Currencies since 2014. Mostly I did mining in those days and didn’t understand much else. Unfortunately missed the opportunity to buy Bitcoin below a dollar as did most of us. in 2017 I did some trading and investing. And now in 2020 I got back into cryptos. First got into a Crypto called Divi as I was looking for passive income, and it is the top rated staking coin. Then in July out came the Yield Farms and I invested in a few of the tokens as I was trading at the time, Sushi, YFV, Kimchi, and ZZZ. Luckily I didnt lose much money, more on Uniswap gas fees than anything else. Then I noticed that a lot of people were making a lot of money, tokens were mooning, 10x, 20x, even 30x! So I started looking for presales, it was the day of YFBeta’s presale that I decided to get into YFIC. Their website was awful, I really have no idea why I chose it but I did. Next thing I knew they were not sticking to their agenda, they executed the Presale wrong, they planned to add much more ETH to their Liquidity pool than they did. I woke up at around 5am to get my tokens, but they hadn’t arrived, I was so stressed. I had paid $4.40 per token, and was waiting frantically for my tokens. I went on Uniswap and saw the price was $40 and dropping steadily. I couldn’t wait to get my tokens. When I finally did get the tokens the price was around $8.50 and I sold 75% of them, I held the other 25 just in case. The price slowly dropped to around $4, their whole token execution was a joke. They first did their Uniswap listing, then started sending tokens manually to people over a few hours. It was only much later that they added liqudity, YFBeta went up around 20x and in the end I made around $100 on my 1ETH investment. I was happy not to have lost any money. But the whole YFIC Presale was a joke. I was on their Telegram group today and someone asked “I thought you were supposed to put 75ETH in Liquidity” They only had put around 15ETH or something, and the developer answered “I took 50ETH for developing”. There are absurd things going on, lots of scams, rug pulls, lots of people losing and gaining huge amounts of money. I created Master Farmer with my good friend to make a real Farming site that will last, that will honor people, investors, and the team. We will execute the steps properly. After the Presale is over, we will add liquidity and then distribute tokens 2% per hour to prevent dumps. Then we will List on Uniswap. We will add the Liquidity % we are promising. We will add to the staking pool. We will do everything properly for respect of our investors and the longevity of the project.
We want people to make money off our project and have fun! I hope you enjoyed this article and stay tuned for more.
Cheers,
Master Farmer
