After learning that Pancake Bunny has been exploited, I ask myself again, are the exaggerated yields really interesting?
Pancake Bunny is a web 3 application that runs on BSC and also on Polygon, it delivers abnormal returns over 50% or more per year, if you give your coins in exchange.
Its first attack happened a few months ago and its token lost more than 95% of its value.
Many people saw this signal as an opportunity, as the Pancake Bunny team promised to deliver a repair and good service for the future.
Today the unexpected happened, they were blown up again losing much of their vault and again customers were affected.
Again they are employing to help their customers in some way.
Why will this happen, that leads people to make serious mistakes in the face of greedy opportunities.
One thing is clear.
There are people with liquidity who somehow achieved returns and are being exploited.
When they put an abnormal annual return percentage in front of you, any person tends to fall.
After they have made money they are surprised because they think they can live off their investments and every day they get a part of it.
But the market puts them back in their place by losing it all by expecting too much.
I personally know the case of a Spaniard who added in Pancake Buny a great part of his capital following a strategy of reinvestment in different vaults.
This person had done excellent, he could have retired with large sums of capital but he preferred to take the risk.
When I talked to him his main insinuations were that he was excited about making money fast and reinvesting it in different platforms.
He liked to see it give him daily returns that allowed him to spend , he was warned that what he was doing was wrong.
But he kept insisting that the % he was giving him daily in less than a year would leave him in a better position, big mistake.
Many people who won in Dogecoin BNB or Shiba are people who are extremely prone to profligacy.
Buying a lot of NFTS or wasting all their money on unnecessary luxuries.
Old content.
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I value every comment and appreciate that you have made it this far.
