StableFund is dead, long live Relyfund

It’s only been a week since StableFund rugged, but its successor already rears its ugly head. Relyfund is the next project that claims to have trading bots that are able to generate astronomical daily rewards. As if 1.5% daily wasn’t enough, they go one step further by offering a fixed daily return of 2%.

When I review a project, I normally devote a section to the details of the project. For Relyfund, I’m not even going to take the effort.

As you may have already noticed by my use of the word claims, I am extremely skeptical of everything Relyfund claims to do. Offering a fixed daily reward of 2% is a red flag by itself, yet they have the following statement on their website:

2% daily is on the low end for our bots’ possible output, but we choose safety and consistency over everything.

Having the audacity to say that we choose safety and consistency is actually quite funny.

If you were to invest $100 in a project that rewards 2% daily and compound every day, you would have $137,740.83 after one year.

Still Relyfund’s bots would be able to earn much higher rates. Sure thing.

We’ve seen all of this before with StableFund and Optimus, yet people seem to fall for the same trick again. The total deposited amount over three…