StakeBNB gives no info on its web site about who owns or runs the corporate.
StakeBNB’s web site area (“stakebnb.io”), was initially registered in June 2021.
The personal registration was final up to date on November twenty third, 2021.
Site visitors to StakeBNB’s web site picked up in early January 2022. Alexa at the moment ranks Togo as the one notable supply of site visitors (30%).
As all the time, if an MLM firm will not be brazenly upfront about who’s operating or owns it, suppose lengthy and exhausting about becoming a member of and/or handing over any cash.
StakeBNB’s Merchandise
StakeBNB has no retailable services or products.
Associates are solely capable of market StakeBNB affiliate membership itself.
StakeBNB’s Compensation Plan
StakeBNB associates make investments binance coin (BNB), on the promise of as much as 1.25% a day.
StakeBNB affords ten BNB funding 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 funding plans are capped at 200%. StakeBNB associates may also pay a price to obtain an accelerated ROI charge.
The MLM facet of StakeBNB pays on funds invested by recruited associates.
Referral Commissions
StakeBNB 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 straight beneath them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel staff.
If any degree 2 associates recruit new associates, they’re positioned on degree 3 and so forth and so forth down a theoretical infinite variety of ranges.
StakeBNB caps payable unilevel staff ranges at 5.
Referral commissions are paid out as a proportion of funds invested throughout these 5 ranges as follows:
- degree 1 (personally recruited associates) – 5%
- degree 2 – 3%
- degree 3 – 2%
- degree 4 – 1%
- degree 5 – 0.5%
Withdrawal Commissions
StakeBNB pays withdrawal commissions utilizing the identical five-level staff unilevel sturcutre referral commissions are paid by means of.
- ranges 1 to three – 1%
- ranges 4 and 5 – 0.5%
Withdrawal commissions are paid as a proportion of withdrawals made by unilevel staff associates.
Farm Enhance
StakeBNB units facet 25% of company-wide invested funds for the Farm Enhance.
The Farm Enhance is cut up between qualifying associates each week.
To qualify for the Farm Bonus, a StakeBNB affiliate will need to have at the least 10 BNB actively invested. They have to even have paid for a ROI increase (price not disclosed).
Becoming a member of StakeBNB
StakeBNB affiliate membership is free.
Full participation within the connected revenue alternative requires an lively 0.1 to 100 BNB funding.
StakeBNB Conclusion
StakeBNB claims it generates returns by means of a
refined, algorithmic system to generate hourly farming rewards on staked BNB belongings.
This crypto bro converse for “we’re operating a Ponzi scheme”.
Supporting that is StakeBNB failing to supply any proof of exterior income era. Add to this StakeBNB being run by nameless scammers, in addition to securities fraud.
Regardless of clearly advertising and marketing a passive funding alternative, StakeBNB fails to supply proof it has registered with monetary regulators in any jurisdiction.
The one verifiable income getting into StakeBNB is new funding.
Utilizing new funding to pay associates a 200% ROI makes StakeBNB a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This may starve StakeBNB of ROI income, finally prompting a collapse.
The mathematics behind Ponzi schemes ensures that once they collapse, nearly all of members lose cash.