SCAM & SHADY LAUNCHPAD!
SCAM & SHADY LAUNCHPAD!
Users BEWARE of DAO maker shady practice.
Onlce you stak $DAO tokens you bassically cannot withdraw them from the launchpad. No matter for how long you staked them. I've staked around 5000 $DAO for 45days in order to participate in few IDOs.
The first problem that I've noticed was the fact, that the allocations was very small (3-10 times less) compared to the other launchpads i've participated at same time for same projects.
Aanyway I've used additional $DAO to "purchase" the allocated tokens.
My staking period has ended few days ago, and considering that $DAO hus dumped almost 50% since I've staked them, I have withdraw them in order to sell.
Today I've noticed that all my participation in following IDO were terminated! I got much LESS TOKENS than was allocated to me (despite the full upfront payment), and the price per token is become MUCH higher ! Even than the actual market price !!!
I didn't received any refund and any information about why is it so.
RTF $119 allocation (fully participated)
Token Price: $0.10
I should get: 1190 tockens
I've got only: 283$RTF or $0.42 per token !
$SMX won $136 allocation (fully participated)
Token Price: $0.02
I should get: 6800 tockens
I've got only: 1000$RTF or $0.136 per token !
$WMAS I've won $54.5 allocation (fully participated)
Token Price: $0.12
I should get: 456 tockens
Got only: 187$RTF or $0.2915 per token !
DAO Maker admin ot telegram said, that no matter for how long you have staked your $DAO tokens, you MUST keep them on DAO MAKER untill the very END OF VESTING !
If IDO vesting will end in 360 days - you must keep ALL your $DAO tokens on their account !
None of other launchpads has such shady terms. So I don't recomend DAO MAKER to anyone, because you will lose on tokn price wich dumps and also you will pay higher than the market price for IDO tokens !