Envo Help Center
  • ๐Ÿ™‚Welcome to Envo Help Center
  • Envo Introduction
  • ๐Ÿฅ–Social circle
  • ๐Ÿ’ Invitation
  • ๐Ÿ”ฏET point system explanation
  • Eco Partner Application
  • DAO
  • ๐ŸฆCreate DAO
  • Lucky Box User Guide
  • ๐Ÿ”ดEnvo Regular/Lucky Draw Lucky Box
  • ๐Ÿ”บTask Lucky Box
  • ๐ŸŸฅLucky Box Chain
  • Wallet Management
  • ๐Ÿช™Custom Tokens
  • ๐ŸคฏWhat is Blockchain Explorer?
  • โ˜ข๏ธWhat is Transaction ID (Hash) ?
  • DAPP
  • ๐Ÿ™‹What is Web3 DApp?
  • ๐ŸŽŠHow does Dapp link to my wallet?
  • Safety Knowledge
  • ๐ŸชœFake Address Scam
  • ๐ŸฅžFake Token Scam
  • โ”Why can't I transfer money to a contract address?
  • ๐Ÿ’ชWhy you should choose a decentralized wallet to keep your assets?
  • โญPledge mining scam
  • ๐Ÿ”๏ธDApp authorization scam
  • ๐Ÿ”ญAsset Theft Prevention
  • *๏ธProject Risk Reminder
  • Blockchain Basics
  • โ—ผ๏ธWhat Is Blockchain?
  • ๐Ÿ–ฒ๏ธWhat Is a Decentralized Wallet?
  • ๐Ÿ—๏ธWhat Is the Private key, Mnemonic and Wallet Password
  • ๐Ÿ—ƒ๏ธWhat Is DeFi ?
  • ๐ŸŽ—๏ธWhat Is the Miner Fee?
  • โšœ๏ธWhat Is DEX ?
  • โบ๏ธWhat is a cold wallet
  • ๐Ÿ’ฎWhat is a hot wallet
  • โ˜ฃ๏ธWhat is a multi-sig wallet?
  • Related Protocols
  • ๐Ÿ“œDisclaimer
  • ๐Ÿ“ƒUser agreements
  • ๐Ÿ“„Privacy agreements
  • ๐Ÿ“ฐEnvo Community Code of Conduct
Powered by GitBook
On this page

Pledge mining scam

After the frequent airdrop scams, pledge mining scams have become the easiest scams to get in the bear market. The reason for this is simply that the market is so bad that it inhibits the user's need to profit from trading, and seeing that the coins in their hands are depreciating in value, they might as well pledge them into the mining pool to earn some interest. Therefore, the scammers take advantage of the psychology of most players today and design a pledge mining scam with high rebates.

What is the pledge mining scam?

The pledge mining is different from the previous hardware mining machine, which only requires you to have coins in your hand to deposit into a certain pool to earn interest. It evolved from the DeFi lending platform's pledge to earn interest, fully lowering the threshold for users to be scammed. But most of the scams still can't escape the saying "you want the interest, the scammers want your principal".

Envo reminds everyone that๏ผš

Please do not open any website links sent to you by strangers, and do not use your Envo wallet to connect to these websites, otherwise it will easily lead to private key leakage or over-authorization, and eventually all the assets on the chain will be stolen. If you receive such private messages with high interest rates sent to you by unknown group members, you can report them to Envo officials.

PreviousWhy you should choose a decentralized wallet to keep your assets?NextDApp authorization scam

Last updated 1 year ago

โญ