Looks like yet another Pancakeswap clone. Was the protocol audited?
What if you stake your tokens and the site just gets offline?
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Looks like yet another Pancakeswap clone. Was the protocol audited?
What if you stake your tokens and the site just gets offline?
Well, then I will loose all my 25$ hehehe! The team behind this VFT Labs is the "MusicForLife" Tribe on Hive and I tend to trust Hivers. Why ruin your whole reputation and evrything you've been building for months for just a few thousand bucks?
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I can say if is not exactly defi, no one is swapping any token there. you are just depositing tokens and getting some VFT tokens depending upon your %share.
I feel the whole purpose is to get traction for ML tribe, and a platform to the musician to create their own brand NFT and "VFT" drop of token attract the user to go to that platform and earn VFT that can be either sold in Hive-Engine or use to buy NFT using VFT.
I also bought one NFT using my VFT income and I think if it not there(that semi defi thing), I might not have visited the platform, forget about buying the NFT there.
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