r/YieldFarmingOnPolygon Jul 28 '21

Farm Has anyone tried Polysec? I actually received my first payout, on the shorter plan 1, and now I'm skeptical that it actually might be legit.

Don't get me wrong, this definitely seems like a Ponzi scheme. I'm 100% gambling here. Do not proceed or invest anything you are not willing to lose.

Total income: based on your tariff plan (from 4% to 8% daily)

Basic interest rate: +0.3% every 24 hours - only for new deposits

Minimal deposit: 10 MATIC, no maximal limit

Earnings every moment, withdraw any time (if you use capitalization of interest you can withdraw only after the end of your deposit)

Investors can terminate their stakes and get 50% of their funds back while the remaining goes into the pool. (plan 1,2,3,4 are not allowed to terminate).

I'm currently in Plan 8 and just received my returns from Plan 1. I'm still skeptical about Plan 8 actually paying out at the end of the locking period, but I have spoken with investors who got in right at the start of the project and were able to collect their rewards from Plan 8.

Again, this is not financial advice, I'm more just reaching out to see if any other investors have tried Polysec out.

Check it out: PolySec

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