RobiniaSwap DeFi - my personal PAINFUL EXPERIENCE with this project

in Project HOPE4 months ago (edited)

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INTRODUCTION

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Allow me to get it straight right away, this post is not written with the intention to dismiss anyone.

Initially, I didn't even intend to write about my own experience with this project. However, I decided to share my thoughts after having a number of conversations with the other PH community members about RobiniaSwap. I've also decided to do it after seeing how many negative emotions between smaller and larger investors this project has brought up.

This post may as well help those who were considering INVESTING into RobiniaSwap or RobiniaV2 and serve as a WARNING FLAG.

This post will also serve to those of you who got involved in this project who are already holding some RBS tokens and are unsure as to what to do with them.

So if you belong to one of those two groups, then reading this publication is A MUST.

PROMISING BEGINNINGS

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RobiniaSwap only launched a few months ago and from the very beginning it looked like a solid project. Developed by @Nia (a person quite respected on Steemit) and his team. People that have been supporting our community members with decent upvotes and who I considered to be trustworthy.

At that time, I decided to support this project and involved most of our Project.hope members into a small marketing campaign which helped to bring more traffic. Many of our members participated and overall optimism has been quite high. We've helped a number of people to set up their metamasks wallets, guided them on how to stake bsteem, how to add funds to RobiniaSwap liquidity pool, etc.
Our main goal was to become part of this project to help however we can and possibly learn some things on the way.

Back then, hardly anyone knew that just a few months later so many of us will end up feeling so greatly disappointed. Feeling like a large part of the community and early investors will feel that they were "left in the dirt".

Few words about RobiniaSwap and RobiniaV2

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Initial project RobiniaSwap (https://robiniaswap.com/) has been lately replaced with RobiniaV2. It surely could be considered an "upgrade" to another version. A step forward in "the right direction" - towards a better product. Visually absolutely more appealing and proving that the team behind this project does know how to do solid coding. I have no doubts about it.

However, the lack of clarity during the process of launching new versions and the level of communication with the community has been ... QUESTIONABLE.

Noone I talked to know what would happen with the value of their current investment (RBS tokens). After all, a new version has been launched together with NEW TOKEN called RV2.

Those who staked their RBS tokens STOPPED to receive any dividends any more (APR had been brought to 0% without any notice). Also a huge dump took place, bringing the price of RBS to all-time-low.

At this stage, it seems that there isn't any support towards that original RobiniaSwap token and those who didn't manage to sell it on time (and instead had it staked) are currently facing a huge dilemma. Are those RBS tokens still worth anything? Were all long term HODLers being left in the dirt? With their investment going to zero simply because this project has been in a way "abandoned".

VOICES OF FRUSTRATION

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I myself invested some of my own resources and at some point I did hold over 15k RBS tokens, and today I'm one of those disappointed supporters as my trust has been broken. Reading messages like the one below makes me feel even worse, especially since those messages are coming from people I introduced to RobiniaSwap:

We have been the support line of the project constantly writing about it and getting it the much needed exposure. Unfortunately they do not care about us.

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I found things harder to accept, after receiving @Nia reply:

As I said, DeFi is a high-risk investment system.

That answer left me quite SPEACHLESS.

Well. That's it. I guess I should know that I got involved in a high-risk investment. High-risk of token being abandoned? I guess ...

My view is that as an investor and early supporter, I agreed to take the risk of the project doing poorly and my investment losing value. But I disagree with being left behind with bags of worthless tokens only because the developer moved on to another project and doesn't seem to care about those who are still holding to original tokens.

That's unfortunately my strong impression.

I WONDER HOW MANY of you, dear readers, are having a similar feeling? Share your thoughts with me.

So if anyone reading this post is considering investing into a new RV2 token - I would recommend to re-consider this idea.

At this current stage, it feels like I've lost quite a bit of "money". I've lost some energy and my own time. After all, promoting this project has been very time consuming, and to make things worse: it feels like I've lost some credibility as well, since I'm the one who introduced RobiniaSwap to our community.
My trust surely has been broken.

HOW TO "MIGRATE" from RobiniaSwap to new version

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Okey. Enough of complaining. I think the warning for any potential investors has been loud and clear.

Let's focus on the answer to a simple question:

how can you even access your RBS tokens and what can you do with them?

I know for a fact that many of you are not even aware on how to access and unstake RBS tokens. I struggled with it for a while as well. Luckily, I've learned that a "copy" of the old RobiniaSwap website is still available. Visit this link: https://v1.robiniaswap.com/

Keeping your RBS tokens staked doesn't make sense since APR changed and currently it is 0%.

Once you unstake your RBS tokens, you can obviously sell them. However, currently the price is at it's all time low levels (huge dump took place lately) so you may be better off by staking those RBS tokens on their "new version" and start minting RV2 tokens.

I truly cannot give any suggestions here. After all, RV2 token may as well be abandoned in the future and become close to worthless. History does like to repeat itself sadly.

Once you unstake your RBS tokens, go to https://robiniaswap.com/pools and look for "approve contract". Make sure that you're connected to your metamask wallet while doing it. After a short while you will be able to stake your RBS and start minting new RV2 tokens.

CONTACT ME IF YOU NEED SOME HELP

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Those of you who would still struggle with unstaking your RBS tokens or would not know how to remove your resources from liquidity pool, you can contact me directly via Discord (crypto.piotr#3426).
You can find me on Project.hope discord server: https://discord.gg/uWMJTaW

CONSIDER RESTEEM-ing

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I would appreciate every single Resteem. Help me reach out to a wider audience.

SUMMARY

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I decided to keep most of my own RBS tokens and mint RV2, as I still am curious how @Nia will approach this project in the future. I still want to have some "skin in the game", but I've also accepted the fact that my investment is already almost worthless and I may end up burning myself even more.
I think a complete lack of expectations is necessary at this stage.

However, I surely will not invest any more of my resources into purchasing any RV2 token. And this is my personal recommendation.

Hopefully some of you will find this publication helpful,

Yours, @crypto.piotr
@project.hope founder
check out our community: https://steemit.com/trending/hive-175254

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Those of you, who read this publication should also visit post by
@gotogether, where he explains in more details how he has been cheated by @Nia:

https://steemit.com/robinia/@gotogether/re-the-possible-scam-on-rbs-token-project-share-and-watch-it

It's hard to believe that this person (@Nia) never got in trouble for ... pretty much stealing funds from investors.

I read through and I understand the pain. I am also facing same and I must admit that I am really angry too. It seems the owner of the project is found of doing such. Someone accused him of always dumping project, I just don't have the energy to talk much.

 4 months ago 

Indeed @tfame3865

I've also heard people saying that Nia does leave his projects and keep jumping into new ones. I wish I would take it more seriously once I've heard that.

But at that time, my trust towards this individual was quite high.

ps.
I've decided to stake my RBS tokens for the time being. I dont expect much more drop and at least right now APY is very high and minted RV2 tokens are still worth something. so I mint RV2 and sell it. But obviously it only make sense if you have some decent amount of RBS. If you have just like 100 tokens or less, then selling is the only reasonable option.

Cheers
Piotr

Resteemed.

It's interesting to see if process of buying-back and burning RBS tokens will continue or will it also stop without any notice. Leaving even more supporters behind with bags of worthless tokens.

Sad.

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Greetings friend Piotr, I totally agree with you on this issue of Robinia, no doubt many of us bet on this project and even our community contributed positively for the project and unfortunately it could not be sustained over time, no doubt there were losses that we hope can be recovered.

Greetings @crypto.piotr 💕❤️

The truth is that I was highly optimistic about Robiniaswap project from the onset due to the fact the team or Devs added some impressive features on the platform such as staking, farming, burning some percentage of the RBS tokens just to reduce the token supply. The sad reality is that I also invited some of my friends and family to invest in the project since it's still very early and it could possibly yield great returns in future. The sad part of it all is that Robiniaswap project is one of the top project i have always been promoting on my blogs.

It's really quite unfortunate that the team behind the project had to take such decision by toying with our emotions despite the fact that we were very optimistic about the project. I was actually expecting an automatic conversion of the old RBS tokens into the new ones and I hope the Devs/team should also work on how users can be rewarded even if it's going to be in form of an airdrop, @Nia should just ensure he brings happiness or smile to the faces that were hurt or disappointed as a result of his decision.

@crypto.piotr you don't actually need to have that sense of feeling that you've lost your credibility in the sight of most of people. We all know you to be a good man and honest person who loves supporting and bringing out the best in people. Whenever you think you've lost your credibility or integrity, always remember that you will always be a man of virtue, integrity and credibility in my sight.

I also don't have any choice other than staking my earned RBS tokens to start minting or farming RBS V2 since none of us would want to sell short.

Thanks for sharing this great post with love from @hardaeborla and I hope you have a great day ahead ❤️💕❤️

I agree with you @crypto.piotr
It is sad that a project that we believed in and supported simply dies without any explanation. What bothers me the most is the lack of information, as investors the least we deserved was to know that the project was going to be changed, on the other hand the credibility of many people was very affected.

Projects need two things to be successful,the first is credibility and the second is usefulness. if one of these is affected, the developers and all those who participated will be affected, as they will be considered fraudsters. for now, the only thing left is to recover what little is left and continue with another project.

Greetings
trabajosdelsiglo

Hello friend @piotr

Most of the members of this great community bet on the Robiniaswap project, which is a pity that it could not be sustained over time and give the expected results for all especially for this project, although it could be early may be that in the future of results we will be clear for now the cryptocurrency is very low, everything is a risk.

Greetings and thanks for the information

 4 months ago 

Thanks for your supportive words @sandracarrascal

Like many of us, I dedicated time and effort to promoting the @robiniaswap project because I considered it not only a good investment opportunity, but also a project that would enhance the reach of steem.

Unfortunately, neither one nor the other happened. reason why I share your desolation friend @crypto.piort.

The De Fi system carries its risks, we are all clear about that, but what we never imagine, when we trust a project, is that it ceases to exist only because its creator decided to "abandon" it without giving explanations or profitable alternatives for investors. .

Right now I wouldn't know what to do with the few RBS I have since I can't sell them...

In particular, I feel disappointed and do not want to undertake any other investment with the @robiniaswap team. It only remains to learn from this experience and prepare better to be able to face new projects.

regards to all

Hi @crypto.piotr

I was one of the people who followed your advice and wrote about this project, I have always been a person of my word and the fact of writing about something that turned out to be a fraud affects me directly because my word is compromised, I simply spoke and I promoted something that doesn't work and I don't like this at all.

 4 months ago 

I simply spoke and I promoted something that doesn't work and I don't like this at all.

Thanks for sharing your view @alanasteemit

I think that to write about project as one of "fans" without pushing it to hard and without encouraging people to invest should not affect you.

Hi Piotr
I know what you are going through because the RobiniaSwap defi did not do well. Its not new that defi is risky and we should invest carefully but this project did not do fair with the update.
Its a loss-making investment and thanks to you for sharing the information about RV2. I have staked my RBS there with hope if I can get some retuns through this

Thank you so much

Reestimeado.
La verdad es que el dolor y la frustración es lo que cada uno puede sentir. Yo particularmente al inicio fui muy optimista con el proyecto e invertí todo lo que tenía en steem, en el proyecto de RobiniaSwap y ahora veo con tristeza que he perdido todo por confiar en que era un proyecto serio. Ademas siento una gran molestia porque yo misma apoye con escritos al proyecto de RobiniaSwap y realmente me siento victima de seres sin escrupulos que nos estafaron con dicho proyecto. La verdad es que no se que mas decir... Esto es indignante y estoy muy molesta en verdad. Pero sepa el señor @Nia que tarde o temprano pagará por esta estafa. Nada queda impune por siempre.
Ahora bien, lo que nos queda es seguir adelante y dejar lo ocurrido atrás.

ENGLISH

Reesteem
The truth is that pain and frustration is what everyone can feel. I particularly at the beginning was very optimistic with the project and invested everything I had in steem, in the RobiniaSwap project and now I see with sadness that I have lost everything for trusting that it was a serious project. I also feel very upset because I supported RobiniaSwap project with my own writings and I really feel like a victim of unscrupulous people who swindled us with this project. The truth is that I don't know what else to say.... This is outrageous and I am very upset indeed. But Mr. @Nia should know that sooner or later he will pay for this scam. Nothing goes unpunished forever.
Now, what we have left is to move on and put what happened behind us.

 4 months ago 

English please @emy.pets05

Hi @crypto.piotr

Hope you are doing well my friend.
Thanks for sharing this post and I know that its not easy to accept the fact that we lost money however you did it. I think its fine and you tried your best to the project still its failed. I followed the posts did the same you did.

I decided to keep most of my own RBS tokens and mint RV2, as I still am curious how @Nia will approach this project in the future

I also added my RBS there and let's see if I can get the amount recovered through this.

Thank you. Have a great weekend friend.

I recently found about them a post that they are willing to give like 7000000% APR. It's crazy. And looks like some scam. When usually websites start to propose such crazy APR, they could be not legit at all. So, be careful. Before I joined steem, I lost a lot of money with such websites and I know how they work. Some of them even ask to lie to people, that's why I will never step in such websites anymore !

Greetings to all who read this publication, because really many PH users, and other small and large investors, put their trust in this Robinia project, in addition to betting their money on it.

Mainly they did not fulfill the things that were promised in terms of operation, and now they are launching a second platform that generates even more distrust.

Many people were left with the tokens of the first platform that are no longer worth anything because there are no funds in the pool.

I doubt very much that a new project will generate confidence to any of the people affected, or to those known to us and with the answer given by the main developer, everything points to be scam projects to take the resource of other people.

Estoy de acuerdo contigo @chucho27. Yo invertí mis steem y ahora veo que he sido estafada. Apoyé con escritos en favor de RobiniaSwap porque creí en el proyecto, escuché y leí de personas confiables que el proyecto era bueno y al final... todos fuimos estafados. Invertí porque confié en quienes apoyaban el proyecto y quiero que se entienda, sé que no es culpa de ninguno de aquellos en los que confié, todos fuimos estafados y al igual que tu, dudo mucho que un nuevo proyecto genere confianza, yo no creo que lo haga...

Hello @crypto.piotr, After reading everything you report in your post I am understanding some things.
Although all investments in crypto assets are high risk, I also feel a bit uneasy at this time because I am part of the large group of people who have supported this project from the beginning, both with the investment of some tokens and with a small campaign. of promotion, and this is the point that worries me, what will be the words that the Robinia team has for the users that were with them until this last moment?

Either way

@crypto.piotr First of all its a shame for the team who are doing this kind of unethical business. As per my thinking it's kind of trap for the small investors who have invested in the project and Money and time. Even I am holding few hundred of token with me but now it's kind of worthless to me now.

They have launched the new project but I guess they will abandon that project also God knows. I don't have any more words what to say.

Greetings dear, certainly trust is lost with people like these, since as a team we bet on a project that as a community we promote, so I think that all of us who did marketing for the Robinia project are responsible for this big lie or scam.

Personally it has already been repeated on different occasions and apparently the DeFi projects created from Steemit are apparently destined to fail.

100% disappointment.

Hello dear friend @crypto.piotr

It is valid that you have believed again in Nia as many of us also did, and beyond having placed your trust in him was not enough to see another project be forgotten as happened with his other projects #SteemScam, #WaykiChain, #Steemfield.

I confess that I put my trust in the #RobiniaSwap project because it was the first DeFi I would support linked to the Steem chain, but when I saw that they did not meet the first objectives I stopped believing and promoting the project because I sensed that it was not a long-term project, and when in the month of December I observed a recovery of the price upward I took it as an opportunity to get out of the project.

I know that many friends within Project.HOPE were trapped in the project, I understand that their discomfort and losses give much to regret, but this should give us experience to take profits when one of these projects no longer offer, this is just my point of view.

Best regards, be well.

I must say that I am confused of what to do at the moment. Many of us (me included) have invested much in the platform. I want to know if Nia has a plan to, maybe, take a snapshot and distribute the RV2 to all those that hold the old RBS token, or is there a buyback mechanism in place for the old RBS tokens?

did you buy RBS tokens, or you earned it by staking your Bsteem.

I won't know, but if you brought the RBS tokens, it may not pick up price and its useless hoping it will. You can take out your principal crypto and do something else with it?

Hi friend @crypto.piotr, reading about this leaves me with mixed feelings, as you rightly say, the community drove a campaign to support this project, and we witnessed your commitment to it, it is really unfortunate that they didn't have any consideration for their investors and switched to a new version abandoning the previous one, that kind of action I don't think will give them good publicity and will certainly be a negative aspect that anyone else will value before investing.

The bottomline is what you havw mentioned lastly, i will also have a zero expectation towards the project.

You can't get disappointed if you expect nothing, but nevertheless, Adding more resources to invest is not reasonable.

I feel bad most especially for @crypto.piotr who didn't just invest his time and resources but also distributed some of his personal funds to a lot of people to add liquidity to RBS.

@nia needs to give a response of peace to everyone at least for his own reputation sake.

Abandoning a project for another is not important if the goal of the first project has not been achieved. If there is need @nia should get more sound developers to handle his project, i know a few that I can recommend and I am also one.

Yet, i am still surprised.

Greetings @crypto.piotr
Robinia Swap left a lot of people frustrated and I think @Nia's reputation this left a lot to be desired.
I hope in this new project she doesn't do the same but I doubt it, I think she only concentrates on making profit and that's it, regardless of the small investors who trusted in her initial project.

Greetings dear friend @crypto.piort, I am surprised to see the news when I saw your article immediately I addressed him because I had my rbs posted there, I consider that they forcefully broke the trust that was deposited, After so many articles that were published to publicize this platform, no doubt, was a bad move, which should serve as experience for future projects defi. In particular, I just went to the platform with its new interface and bet the rbs I had to receive the RV2 not that gives of another, I intend to risk until the end.

Friend if this within your possibilities, please could send me the contract of the new token to add it to the metamask, in advance thank you very much and have a great week.

I don't have much to say, it was all a waste of money and time, but we must learn from this negative lesson to know how to invest in future projects.

Completely agree with your exposition, personally instead of earning I lost money since the commissions took 10 steem and the RBS I have in metamask are worthless.
Some are won and others are lost and we must assume that in this case it was the latter, and your optimism to continue with the new version is admirable, personally I think that the credibility of Robinia's people is very bad and in my country they say that whoever does it once does it again.
Thanks for your post and alert the users.

 4 months ago 

and your optimism to continue with the new version is admirable

I'm not sure where did I show any sort of optimism @joseph1956

If anything, I've underlined that my trust towards RobiniaSwap and @Nia has been broken.

Greetings @crypto.piotr,

I did have shared a publication on Robinia long back at the time of their launch

But I did not invest in this project, Last month once I thought about investing in this project but I didn't, and after looking at the current statistics I guess I have made the right choice

Thank you so much for sharing this information with us

Best wishes : )

Hello Piotr.

Sad to hear that, and sad that you and many of our friends here lost due to lack of professionalism. Now what I know is he's right about the part saying that Defi is high risk investment, but ending a project that was going in this way is the worst part. I've been in many yield farming projects, despite that they all look the same, they all need to have a way of communication with members to tell them about their latest updates especially if they launching layer 2 or V2 as it happened here, they will notice the members to withdraw their funds and move on to the next project, that's the first thing.

second thing: It's not really worth it in my opinion to invest in their V2, why? Because who in the world takes 6% deposit fees!? Also the price will keep going down and down, the world of yield farms has maaaaany farms better than this with more stable price and higher APR, and let me say it, with this APR and price decrease, you will be lucky to cover the deposit fees.

In my opinion, getting the "remnants" is better than losing more, knowing that many people just figured out that they have worthless tokens due to some un-professional act.

Maybe this is one lesson to be learnt yet in a rough way. Never invest in yield farms for long term, you never know what happens.

Transparency is a vital side for a successful project and so far it seems that Nia has not paid much attention to that particular side. I'm also stuck with about 600 RBS tokens. My investment is not significant at all, but it really feels a bit disappointing after all those high expectations we had

it feels like I've lost some credibility as well, since I'm the one who introduced RobiniaSwap to our community.

No worries, buddy. It wasn't your fault in the first place. You have a history of supporting the community. Robinia's failure will never affect our trust in you ✌️

My own experience with robiniaswap.com has been very bitter to say the least.
Even though it is supposed to be a DeFi project which means decentralized finance.
However is this really decentralized project when the token holders have no say in its governance?
I have been a supporter who has held on to the tokens from the beginning and see its value go down.
Yet the final straw or rug pull has been in the form of reducing the apr of v1 pools to zero and making the version 1 pools inaccessible and those with insider info dumped their holding.
resteemed the post

I never invested in the project, but I intended to then, maybe I forgot. Thanks for making it clear for all of us to see, and am going to resteem it.

Personally I developed so much trust in the project basically because you were involved. Luckily I did some risk management along the line but still has a lot to loose. I even invested in the Projects Blokfield token (which is almost worthless now) and can't even unstake it from the old platform. I've been ranting on the telegram channels to some admins who don't even understand what is going on too.It's all chaos at this point. Well, unto better things, I've accepted the loss. But it's a poor one on the project's side.

Funny how robiniaswap seemed a very promising project at first. We had so much faith in Nia due to his reputation on steemit and so I gladly jumped on the bandwagon when I was introduced to the project.

Long story short, this is the absolute worst project I’ve ever encountered. The poor management, we all saw RBS plunge ever since we were able to provide liquidity. Why hop into a new project when you’ve exhibited terrible management of previous ones? This feels like a rug pull in disguise anyways because the reply he gave you

As I said, DeFi is a high-risk investment system.

Is a terrible one. Realistic as it may be, in this instance, it only feels like a phrase used to cover up his intentions. I also invested a lot, I made a terrible mistake of buying RBS tokens early but lessons learnt anyways👌🏽.

I understand how you’d be feeling now but trust me you haven’t lost an ounce of your credibility. I’d continually invest in any project you involve me in🙂.

Nice publication @crypto.piotr, I might still invest in the new RV2 tokens but only for short term profitability. My advise, don’t HOdl!.

this is truly heartbreaking. i invested a few dollars into the project and i must say that they are lost. I am also having a hard time trying to connect my metamask account to the old staking site.

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I wonder how people break trust especially where large number of supporters are involved. I can imagine how have you supported this project and in the end what @Nia has given you in return. We are happy with other projects which you have supported and also motivated the community to support them. But, please be careful in trusting someone again.

Hi @crypto.piotr Greetings although I never had the opportunity to invest in the project I know what it meant for the community and that many colleagues did, however I must highlight from your post the courage to face the mistake and to warn about the new proposal, the world of cryptocurrencies has that unpredictable detail, never lose confidence or credibility who acts honestly and with the truth however hard it is, my respect and warm regards

This is a very important post for anyone who has entrusted part of their resources to an investment in Robinia tokens. I congratulate your courage and fortitude to make this statement because it is not easy to assume that in some way you have been deceived, because the response of leaving the people who invested adrift is very wrong. I strongly believe that this post can be of great help to those who are desperate and frustrated about losing their investment. Again I congratulate you because it takes a lot of conviction, principles and courage to take what happened as a personal disappointment and show others that they are not alone. A hug and I hope everything gets better and you don't lose any more capital, time and especially your will to move forward.

According to this post published by @robinia :

Established Robinia Fund
RobiniaV1 had its own buyback fund, with a total of 530,000 SP.

and most importantly:

"RBS tokens will be continuously burned using Robinia Fund (530,000 SP) as long as Robinia V2 service continues."

This sound quite reassuring.
Would that mean, that RBS tokens will continue to be burned? Does anyone know more about it? How real is that info ...

It's all fake, to attract investors. That's how scams work, lure you and move with your capital. I'm not 100% certain, but I feel everything is fake.

Hello dear friend, thank you for sharing with us your experience, it is unfortunate that these people abandon in this way a project in which many investors, large and small, placed their trust. How to believe in this second version if the first was abandoned leaving us with tokens that are worthless? I do not think many people are sure to invest again, I think the developers should have better explanations than that.

Hello, it is unfortunate, we all had confidence in this project, but now we can only learn from bad experiences.

Its very much unbecoming of Robinia team first they broke trust and left most of their investors clueless i did manage to unstake my RBS considering the price is very worthless is very bad.

I've read the post from @gotogether and i would suggest leaving the project the team has little credibility.

Thanks @crypto.piotr for sharing with everyone.

Dear friend @crypto.piotr

Wow first let me congratulate you for your post, the whole situation is very well explained, there is not much left that I can say but I will try

I decided to keep most of my own RBS tokens and mint RV2

This seems to be the best option, the only option, I will do it too

it feels like I've lost some credibility as well, since I'm the one who introduced RobiniaSwap to our community.

you did it with the best of intentions , you are one of the best people i know , an angel on earth who saved my life and continues to do, so your credibility is still strong as ever , you can not pay for the actions of others.

After all, a new version has been launched together with NEW TOKEN called RV2.

that a developer abandons a project and its token, for a new one in just a few weeks, is considered a scam, it happened to me several times in recent weeks, it is something common in DeFi.

God bless you

Even though I was not invested in this particular project this seems like a vary nasty move by the developers. In my opinion a project is only as strong as its base and early supporters and because this community was clearly an early investor I feel like it was not the smartest move to leave you "in the dirt" like that.

Reading this article makes me as well upset and I think it is good that you share this experience with everybody! The frustration is totally understandable!

Hi friend @piotr, actually when this happens it makes us distrustful in future defi projects, but in the end every investment has its risks, thanks for sharing this content with all of us I hope I can get my RBS back and do something with them. Greetings.

It is such a shame. You shouldn't feel bad @crypto.piotr, that's the DEFI world. 98% of DEFI projects are shit projects. This is quite a warning for the future. I have had a fair share of disappointing projects in time past.

The only pain here, is the trust you had with him, which he broke and your integrity for recommending the project. I understand that it's no fault of yours and I know many more members of the PH community, you introduce will know likewise also.

Take it as an experience, that's a positive for me.

The first time, I sold my STEEM, way back as 2018, I was scammed, I felt bad. But it was a good experience as I have found a loyal person I sell my coins to and also recommend my friends to that person and I have sold more and more higher numbers of coins I lost back then. Bad experience help us to understand how a system works and how not to fall victim again.

For me, I'm not connecting my wallet to such site again, it may be risky. Those who can mint RV2 tokens while you can, and dump it as quickly as possible because only a matter of time, it will be dumped and abandoned again.

 4 months ago 

Thanks for your kind words @menoski

I know I shouldn't feel bad, but I do feel partly responsible towards everyone who I introduced to RobiniaSwap. Especially if they invested their own hard-earned money into this project.

The only pain here, is the trust you had with him, which he broke and your integrity for recommending the project. I understand that it's no fault of yours and I know many more members of the PH community, you introduce will know likewise also.

I surely need to ensure that our members will not end up being disappointed and blaming me. I've been working hard for very long to get our members trust and I wouldn't like to lose any of it because of current situation with RobiniaSwap.


Bad experience help us to understand how a system works and how not to fall victim again.

Those are very wise words. Hopefully I will learn enough from current lesson.

Hii @crypto.piotr ,
This is just sad to see how all the early supporters of rbs are just abandoned, You put in so much effort in the rbs marketing campaigns and they didn't even make decent effort to warn / educate all the investor's about the new version .In my perspective , Nia saying it's a high risk investment dosnt justify to what they have done with he previous version tokens. I donno what more to say at this point it just seems like we wasted a lot of money and time .

I have my RBS in my wallet but unable to get a quote to sell. Such a shame. RV2 should have allowed RBS holders to exchange tokens if there was not going to be an air drop.

This is an example of the some of the worst that's been said about Steemit. It's unfortunate that new cryptonians might fall prey.

I'm still on Steemit primarily because of Project Hope. Maybe Tron integration will change things. Fingers crossed.

 4 months ago 

hi @machnbirdsparo

I had similar problem with selling. I may be able to help you out. Let me discuss this topic with you via Discord.

I'm still on Steemit primarily because of Project Hope

Glad to know that. So am I :)

 4 months ago 

This situation caught me off guard, it doesn't seem fair what they did, I had several days looking for a way to convert my tokens and I simply couldn't, so I will just leave them there until this situation is solved.
Hopefully it will be soon.

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