BNBStaker supplies no info on its web site about who owns or runs the corporate.
BNBStaker’s web site area (“stakebnb.enjoyable”), was privately registered by means of a Russian registrar on March tenth, 2022.
Along with BNBStaker’s obvious ties to Russia, the corporate’s official Twitter profile is full of Chinese language Fiverr fashion promo movies:
Some Twitter posts from BNBStaker are additionally in Chinese language:
This means BNBStaker has extra ties to China, presumably by means of Singapore.
As all the time, if an MLM firm isn’t overtly upfront about who’s working or owns it, assume lengthy and arduous about becoming a member of and/or handing over any cash.
BNBStaker’s Merchandise
BNBStaker has no retailable services or products.
Associates are solely in a position to market BNBStaker affiliate membership itself.
BNBStaker’s Compensation Plan
BNBStaker associates make investments $10 or extra value of cryptocurrency. That is completed on the promise of marketed return charges.
Return charges are decided by how lengthy an affiliate invests for:
- make investments for 7 days and obtain a 126% ROI
- make investments for 15 days and obtain a 150% ROI
- make investments for 30 days and obtain a 240% ROI
Notice that BNBStaker expenses a ten% price on withdrawals.
BNBStaker pays referral commissions by way of a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the prime of a unilevel staff, with each personally recruited affiliate positioned immediately underneath them (stage 1):
If any stage 1 associates recruit new associates, they’re positioned on stage 2 of the unique affiliate’s unilevel staff.
If any stage 2 associates recruit new associates, they’re positioned on stage 3 and so forth and so forth down a theoretical infinite variety of ranges.
BNBStaker caps payable unilevel staff ranges at 5.
Referral commissions are paid as a proportion of cryptocurrency invested throughout these 5 ranges as follows:
- stage 1 (personally recruited associates) – 5%
- stage 2 – 2%
- ranges 3 to five – 1%
Becoming a member of BNBStaker
BNBStaker affiliate membership is free.
Full participation within the hooked up revenue alternative requires a minimal $10 funding in cryptocurrency.
BNBStaker Conclusion
BNBStaker is your typical smart-contract Ponzi scheme.
The good contract code has efficiently handed the official audit with no bugs or errors, defending your belongings from all exterior dangers.
Whether or not the “good contract code” has been audited or not, BNBStaker continues to be a Ponzi scheme.
Recruited associates make investments, associates who joined earlier than them steal their crypto, they usually then hope that folks make investments after them to steal from.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This may go away BNBStaker unable to pay withdrawal requests, finally prompting a collapse.
Sometimes with smart-contract Ponzi schemes we see them cleaned out in a single hit, normally by the admin.
The mathematics behind Ponzi schemes ensures that once they collapse, the vast majority of individuals lose cash.