High Risk BNB Yield Farming — Update Feb. 2022

Miron Ophir
1 min readFeb 7, 2022

Since my original post and the update, a lot of clones have emerged.

I decided to report all of them in a periodical update. If you have additional information about those Ponzi schemes, please share them in the comments.

Polygon Network

Similar scams, different network.

Number 7 (StableOne) on the list is on Polygon network. The contract balance is on the rise — beware if it starts to decline.

Update Feb. 20: it seems the contract balance is starting to decline, stay away from this one.

DYOR. If you do decide to participate in any of these:

  1. Make sure it is just started.
  2. The contract balance is rising.
  3. Withdraw your rewards frequently.

Nothing in this article is intended to constitute investment advice. Neither the author nor the publication takes any responsibility or liability for any investments, profits or losses you may incur as a result of this information. Readers are encouraged to perform their own due diligence and research, or consult a licensed financial advisor or broker before making any and all investment decisions. This content is intended for general informational and educational purposes only. Though the author strives for accuracy, the data contained within the article cannot be relied upon. The author may own cryptocurrencies and tokens discussed in the article. The article may contain affiliate links.

Some Related References

[1] BNBMatrix — Deep Understanding of a DeFi Ponzi using Smart Contracts

[2] StableONE — Crypto Ponzi Detected

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Miron Ophir

Interested in Technology. Developer. Manager. Nerd.