CryptoMaid加密女仆お嬢様 .stand|Nov 10, 2025 00:28
Gave up on @RiverdotInc @River4fun a long time ago.
Definitely the most bizarre project in the investment space.
Its predecessor was a failed btcfi project that went to zero.
Currently, its actual investment position is only in BTC. Despite having so much in deposits, the funds are just sitting there without being invested...
After a year, the project's actual investment revenue is only a mere 600k USDT. If we calculate a P/E ratio of 10x, 6M would be a relatively reasonable project valuation.
If an investment project aggressively attracts deposits with high interest rates but doesn’t actually invest,
and instead keeps selling coins,
then where does the interest come from?
Binance-related projects might have their own tricks, but this goes against our value investing principles.
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