Is Daisy Finance a Scam Project?

As of now, there is no official website available for Daisy Finance. But they have a Discord and Gitbook. Daisy Finance claims to be Juno Network’s main stable swap, offering a liquid foundation for Stablecoins. Using this decentralized liquid aggregator, anybody can contribute their assets to different liquidity pools and earn fees.

Daisy Finance have announced their 1st Stake Drop on Twitter yesterday, i.e., on March 16th, 2022. This airdrop will start on March 19th at 2 AM and end on March 20th at 8 PM. In addition, they have released a dedicated blog guide related to participation on their medium page.

Daisy Airdrop

Many Twitter users have claimed this project to be another rug pull on Juno Network like Cardinal Finance. They claimed that whitepaper was copied, and they were banned from Discord when confronting the team. Also, Daisy Finance was de-listed from JunoSwap on March 15th, 2022. Meanwhile, it is again listed on JunoSwap with Cardinal Finance as people’s funds were trapped there in pools. We have tried to find the answers related to our queries in the Discord group. Here are some screenshots from their Discord Group.

Daisy Admin Tweet
Daisy Admin Tweet
Daisy Admin Tweet 2
Daisy Admin Tweet 2

We will advise our readers to stay alert and aware before investing in new projects.

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Yash Kamal Chaturvedi

Btech Computer Science, Maharshi Dayanand University, Rohtak (2023)

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