Does anyone on this sub own HODL? I find the project very interesting but have some questions about it. Obviously I expect more objective answers by posting here than their subreddit.
Are the rewards consistent and as advertised on the website? They claim that I can get 3$/day for a 2k investment without selling or staking any tokens…
How does gas fee work when collecting?
Do their methods of generating the rewards seem sustainable? (Buy/Sell taxes, NFTs, SokuSwap staking etc…)
How is the fibonacci pool cap determined? They claim that it is the key to sustainability but I cannot see anywhere how they compute the cap.
Will the system work better or worse as the market cap increases? Sitting at 5-6m it seems to be sustainable but what happens when that is 1B and everyone expects to claim 200x the curremt rewards…
How consistent has the dev team been with moving along the roadmap?
Thanks in advance,
Don’t be gullible
>Are the rewards consistent and as advertised on the website? They claim that I can get 3$/day for a 2k investment without selling or staking any tokens…
Immediate red flag.
I don’t really know what you’re talking about though. Is it [this one?](https://www.coingecko.com/en/coins/hodl)
Or [this one?](https://www.coingecko.com/en/coins/hodlcoin)
[or this one?](https://www.coingecko.com/en/coins/hodl-finance)
I joined in November with a small bag, and have grown my bag to 200B tokens . I get anywhere between 6&7 dollars in rewards every 3 days . If I take it as straight BNB , I pay maybe 50-75 cents in gas fees . If I reinvest in HODL it’s a little more . I am also farming it on sokuswap for their coin & getting pretty good returns as well . It’s good your doing your DD on this though as we all have to make our own decisions .
> They claim that I can get 3$/day for a 2k investment without selling or staking any tokens…
That’s 1k/yr or 50% rate of return.
That screams scam.
> Do their methods of generating the rewards seem sustainable? (Buy/Sell taxes, NFTs, SokuSwap staking etc…)
> Will the system work better or worse as the market cap increases? Sitting at 5-6m it seems to be sustainable
If the returns were legitimate and sustainable, they’d not be taking your money. They’d be flush with more money than they know what to do with.
If it looks, smells, and sounds like a scam, it’s probably a scam. $3/day on $2k would be ~50% APY which is insane.
Can’t go broke hodling
For me it is either hodl or panick sell.
I prefer hodl.
If it seems to good to be true, it most likely is
I wouldn’t trust this one