Good morning.
What is Stable fund?
It is an AI trading bot on the Polygon and Binance chains and they are currently offering a fixed 1.5% daily return. Any deposit you make is locked for 28 days. It was launched in April this year and have even had an add in Times square recently which judging from this email i recieved was not an easy task.
About a month ago Michael on one of the AMA's promised that soon we will be in Times Square. Since then we have been fighting the authorities to allow us to displace our AD on Time Square. We never realized how much control these organizations like to have over crypto AD's messaging.
After stringing us along for 3 weeks, Nasdaq told us that we couldn't display that we offer 1.5% daily interest. No matter how much proof we were willing to share with them, they didn't want that messaging on their banner.
We personally think they didn't want us up there cause we are changing the game of finances, A game that they have tricked people into playing for decades. Today your local bank's stocks are probably trading at Nasdaq. These financial dinosaurs are still busy selling people the Pipe dream that a 10% gain annually is a fantastic return. How stupid would they look if we had a Nasdaq banner saying we are offering 1.5% DAILY even on Stablecoins?
So how are we doing?
When we started we had a small deposit of $55.00 and $5.00 of MATIC that had been in the wallet for ages. 1 week after our initial deposit we compounded the $7.00 we had earned and added another $7.00 of BUSD (There is a 3% fee and some small contract approval gas fee's)
We then decided to add another $35.00 (Gotta do something with the HNT!) That brought our total our total to $103.52 and we are currently making $1.50 per day. (In this current market i don't think that is too bad).
The plan at the moment is to add more as and when we can and compound, probably weekly. We have not tried to withdraw any funds yet other than to compound.
We have now passed our 28 day lock up for our first deposit, so we could withdraw that if we wanted to but at the moment we will leave it in. It is times like this that I wish we had put more in but we did not, so I will take a win, even if it is a small one.
What do you think of Stablefund? Do you think it can last?
As always, thank you for reading and please feel free to comment.
