Someone has made a clone of CUB Defi. It looks sketchy AF. The logo looks like a ten-year-old had a go at Microsoft Paint. Is this the first of many CUB clones? I really don't know and am reaching out for answers from the LeoFinance community. Is this safe? Who made it? Is it a security risk to connect this site to our MetaMask?
Here is what they say on their page,
Bud Defi is a new project focused on building a community and providing long-term value for its holders. We're tired of getting rugged too, so we made our own project.
Here are some highlight features for BudDefi:
Buyback burning mechanism
Migrator code removed
Timelock added at launch
Farming starts at a given block (no minting backdoor)
Kindly remind, please always Do Your Own Research! Only invest what you can afford to lose.
I let greed outway my fear and converted 20 CUB to BUSD and BUD LP so I could earn that crazy 14,989.23% APR. The fact they mentioned getting rugged makes me feel like that's what this is, but it will only take two days to earn my 20 CUB back, so I'll put those CUB back in the DEN and then let this risky BUD LP keep earning. As long as it survives the next three or four days it should be fine. There is a market cap of just $100,000 now. I think this is just their second day so let's see how this goes. It works just like CUB Defi so it was easy for me to stake in the pool. I am not suggesting or recommending this, I'm just asking for any information our community can share.
I put in about $65 and it's earning about $1 an hour. It's fun seeing returns come in that fast, but I feel safer with CUB so will put my first doubling back in the DEN and let this risky BUD stuff keep earning. Since it was money I earned with just a few days of CUB farming I felt I could afford to lose this money. What do ya'll think? Good idea? Bad idea?
