StakeBNB Review: 200% ROI “staking yield farm” Ponzi
StakeBNB provides no information on its website about who owns or runs the company.
StakeBNB’s website domain (“stakebnb.io”), was initially registered in June 2021.
The private registration was last updated on November 23rd, 2021.
Traffic to StakeBNB’s website picked up in early January 2022. Alexa currently ranks Togo as the only notable source of traffic (30%).
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
StakeBNB’s Products
StakeBNB has no retailable products or services.
Affiliates are only able to market StakeBNB affiliate membership itself.
StakeBNB’s Compensation Plan
StakeBNB affiliates invest binance coin (BNB), on the promise of up to 1.25% a day.
StakeBNB offers ten BNB investment tiers:
- 0.1 BNB
- 0.25 BNB
- 0.5 BNB
- 1 BNB
- 2.5 BNB
- 5 BNB
- 10 BNB
- 25 BNB
- 50 BNB
- 100 BNB
StakeBNB investment plans are capped at 200%. StakeBNB affiliates can also pay a fee to receive an accelerated ROI rate.
The MLM side of StakeBNB pays on funds invested by recruited affiliates.
Referral Commissions
StakeBNB pays referral commissions via a unilevel compensation structure.
A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):
If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.
If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.
StakeBNB caps payable unilevel team levels at five.
Referral commissions are paid out as a percentage of funds invested across these five levels as follows:
- level 1 (personally recruited affiliates) – 5%
- level 2 – 3%
- level 3 – 2%
- level 4 – 1%
- level 5 – 0.5%
Withdrawal Commissions
StakeBNB pays withdrawal commissions using the same five-level team unilevel sturcutre referral commissions are paid through.
- levels 1 to 3 – 1%
- levels 4 and 5 – 0.5%
Withdrawal commissions are paid as a percentage of withdrawals made by unilevel team affiliates.
Farm Boost
StakeBNB sets side 25% of company-wide invested funds for the Farm Boost.
The Farm Boost is split between qualifying affiliates every week.
To qualify for the Farm Bonus, a StakeBNB affiliate must have at least 10 BNB actively invested. They must also have paid for a ROI boost (fee not disclosed).
Joining StakeBNB
StakeBNB affiliate membership is free.
Full participation in the attached income opportunity requires an active 0.1 to 100 BNB investment.
StakeBNB Conclusion
StakeBNB claims it generates returns through a
sophisticated, algorithmic system to generate hourly farming rewards on staked BNB assets.
This crypto bro speak for “we’re running a Ponzi scheme”.
Supporting this is StakeBNB failing to provide any evidence of external revenue generation. Add to this StakeBNB being run by anonymous scammers, as well as securities fraud.
Despite clearly marketing a passive investment opportunity, StakeBNB fails to provide evidence it has registered with financial regulators in any jurisdiction.
The only verifiable source of revenue entering StakeBNB is new investment.
Using new investment to pay affiliates a 200% ROI makes StakeBNB a Ponzi scheme.
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve StakeBNB of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.
Please can you also write a review on this sight– stakebnb.fun…
I done have my little research and everything checked out including their official audit by bscsmart.tech… but my knowledge in cryptocurrency is still not that vast… Would really appreciate it.
Thanks. Looks like a reboot, added to the review list.
Doing any crypto due-diligence is pointless. Securities fraud is what matters, as it lends MLM opportunities to operating as Ponzi schemes.