Nine2Five DeFi: Your money working for you!

I just got done researching Nine2Five DeFi, and my first reaction was “another ROI platform?” Haven’t we learned the lessons this year? I have only found one platform that is made to last, and that’s FireFund! But, I heard from some trusted friends that Nine2Five is worth checking out. So, I spent the last 10 days doing my research about it. And, after researching, I’ve decided to make a small deposit to see how it goes. I never invest more than I can afford to lose, and I decided to give this one a try. Here are my findings!

Nine2Five has been “open” since May 8th. So, we’re still in the early phases on this one. It’s on the Binance Smart Chain.

It has a focuses of reducing ponzinomics. To those who don’t know what that phrase means:

• Starts as a ponzi, money in pays for money out
• While the contract is building, funds are taken out for investments, which are then used to fund the future withdrawals
• The goal is zero ponzi, meaning at some point, they hope that the investment revenue will account for all the withdrawals
• This takes time

Investments

50–70% of the invested amount will go towards various external investments. The money invested will go into a Revenue Wallet.

Of the funds put into the Revenue Wallet:

30% will be traded in the forex market (foreign exchange) by experienced traders

30% will be traded in scalping, intraday using gold, nasdaq, and EUR/USD exchanges

30% will be traded using a trading bot, using future grid

10% will go towards other promising DeFi projects, as private partners

Who is the Nine2Five team?

The project is developed by the Defidetective Team, and the project has been audited by Cryptoprim and The Stamp. The team has also been KYC’d using AnonyDoxx. While they are anonymous, they have done KYC and been audited.

It’s important to point out that just because a team has been KYC’d and the project has been audited, that doesn’t mean there is a zero-risk investment here. It just means that they can likely be tracked down in the case of a rug pull or misuse of funds.

Community Channel

You can interact directly with the Nine2Five team in their Telegram channel, and I recommend that you do before investing anything.

Ok, so how does the platform work?

You deposit money into the smart contract, and there is a 10% deposit fee. Important! After you’ve deposited, there is no withdraw ability. Your deposit is locked. However, you can now withdraw 3x total of your deposit(s) from your daily ROI returns. So, if you put in $100, you can withdraw, over time, $300.

You can extend the amount by compounding, which adds to your deposits, which lets you earn more each day and creates a larger personal pool to 3x.

So, you get a daily ROI, which is up to 2%. It is based on the previous week’s investment returns. The daily ROI is only awarded during “business days”, Monday through Friday, from 9am to 5pm (UTC time), hence “Nine2Five”. In a given 8 hour “work day”, you will earn your entire ROI for that day, which is up to 2%. It may be lower, based on returns.

There is a minimum reward allocation of 1 day (24 hours), and a maximum accumulation of 7 days.

When you have returns, you can do one of three actions:

• Withdraw. 100% of your returns gets sent to your wallet. No fee, beyond gas fee. Requires 24 hours since last action.
• Compound. 100% of your returns gets added to your deposit, giving you a higher daily yield and extends your 3x total returns. Requires 2 days of accumulation.
• Work Harder. 50% gets withdrawn to your wallet, as 50% gets added to your deposit. Requires 4 days of accumulation.

Thoughts

It’s a pretty interesting model. It takes the locked deposit of DRIP, but uses a stable coin, so it will never depreciate in value. The “only during business hours” is a different model. I can’t say I fully understand that, other than it gives the developers a chance to change the return rate while investors are not directly earning (off-hours).

Some basic calculations on potential earnings

Initial deposit $500. After 10% tax, you have $450 in your deposit. Let’s say you get 1.5% daily, and you let it build up, compounding every week.

After 1 week, you have $33.75 earned, which when compounded, increases your deposit to $483.75. That pattern continues for 1 month, after which you have $600.96 33% a month is not bad!

If you continue that pattern, compounding only, after 1 year you would have $14,163.

If, instead, you “work harder” every week, it goes like this:

With “work harder”, you can get your original investment back to your wallet in week 19, and after one year, you can withdrawn $110 a week, and your total deposit will be just over $3000.

Final Thoughts

I often write about platforms that I’m in, and it’s important to point that a couple of things:

1. I have become far more careful in the last 2 years of DeFi.
2. You have to be responsible for your own choices.
3. I typically use successful returns from 1 platform to try out a different platform. This one was funded by a recent sale of DRIP.
4. Platforms I write about make sense to me. If they don’t make sense to you, I encourage you to move on. I don’t need angry comments. Although, if you feel strongly, carry on.

If you would like to invest, you have two options:

Option 1: Invest with my referral link: https://nine2five.tech/?ref=0x15a6429c32b3c1cd03b427f80d5170690d1f7061

Option 2: Invest without a referral link. https://nine2five.tech/

It’s your choice.

One final note, I would recommend a desktop browser to access this site. I had some problems with SafePal on this site.

Please follow me on Medium for more articles on investment and ROI platforms! Thanks for reading.