Bombie plays hard! Staking annualized returns soar to 10,000%, how long can the million-dollar subsidy last?
Last night, Bombie suddenly dropped a 'king bomb': staking the new token $BOMB, annualized returns skyrocketed to over 10,000% (you read that right, four zeros!), and they even splashed out 1 million USDT in real cash subsidies for users. On the surface, it looks like a free ride on a gold mine, but let's calmly peel back three layers:
High returns rely on the team burning money
This 10,000% didn’t fall from the sky; it’s a subsidy pool funded by the project team. Based on current data estimates, it can only last at most 2 weeks before the returns plummet off a cliff. Early entrants feast, latecomers get soup.
USDT returns ≠ principal safety
Although the returns are paid in USDT, the price of the $BOMB token you staked may plummet. Assuming the token price is halved, even if you receive 10,000 USDT, it won’t make up for the losses—don’t fall into the old trap of earning interest but losing principal!
Is 'long-termism' just a pie in the sky?
The team's slogans are loud, but currently, there's only one staking page in the ecosystem. In the DeFi market, high returns without real applications to support them will eventually go to zero; a million dollars is better spent on building a product first!
Buying TVL data with a million dollars is essentially the team fishing for new retail investors. Do you really want to build an ecosystem? First, roll out the product, don’t just throw money around for excitement!
As for the next layout direction, I plan to help everyone find those altcoin profit opportunities together, expecting returns to multiply by ten times is definitely possible. Like and comment, and I’ll guide you through the entire bull market!
