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Alright I'm sure someone can explain what is going on with

as their team won't answer questions in the discord. 559min ago: they add $SWAG as a form of collateral 557min ago: someone supplies 3.5m dollars of $SWAG and borrows ~1.6m of other assets 1/2

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Mike McDonald

@MikeMcDonald89

Oct 14, 2020

2 weeks ago: allege people want long lockups. Founders' partner deposits to earn ~80% of all future rewards 1 week ago: slash all lending/staking. Cream's only user built a token and lends 80mm of it Now: Only way to earn rewards is 1k+ APY on a decentralized adult platform 2/2

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Mike McDonald

@MikeMcDonald89

Oct 22, 2020

etherscan.io/tokentxns?a=0x ~5hrs ago this account begins getting margin called Now: collateral is "worth" under 1.4m and dropping. There seems to be an ongoing margin call on SWAG but all "real assets" are long gone. I don't know but this is starting to look like a rug pull? 2/2

etherscan.io

Token Transfer | Etherscan

The list of ERC-20 Token transactions in the Ethereum Blockchain on Etherscan.

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I don't think this lines up. 1) supply SWAG 2) borrow 3) temporarily crush SWAG 4) run away with funds 5) SWAG recovers ...all you've accomplished is selling your SWAG for a bad price. This isn't scamming CREAM, I think it ends up donating to it. Am I missing something? twitter.com/hasufl/status/…

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4:21 AM · Oct 22, 2020Twitter Web App

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