Hey Bitcoin_Arena,
Thank you for taking the time to review Return Finance and voice your concerns publicly. These are very valuable, and I will address both of them:
1. This information can easily be checked in the official Lithuanian registry of crypto companies. We actually have it linked inside our documentation, in the "Regualtions & Authorization" section, but I will paste it for you here as well. Please check page 2:
https://www.registrucentras.lt/jar/sarasai/vvko.php
Giving a regulated and compliant access to DeFi yields is an important part of our mission, and getting a VASP license from Lithuania is just the first step for us.
2. Yes, the ratings on Google's Play Store do not look good. At the same time, our rating on the iOS App store is 4.4 -> https://apps.apple.com/bg/app/return-finance/id6443918990 Now why is that?
Well, if you take a look at the actual reviews, almost all of them were delivered in the same week of January 2023. At the time we had just launched our "Deposit & get 10% bonus" promotion which was falsely advertised by some Reddit user as an easy way to get free money. Not something unheard of in our industry..but anyways, as the T&Cs, which can still be found on our website, clearly stated the bonus is non-withdrawable and users need to verify their accounts. As a result we got a lot of users trying to deposit money only to immediately withdraw them, or others trying to scam our KYC verification. When they couldn't get the bonus, they retaliated via these poor ratings. I advise you to check all of the above for yourself.
I again want to thank you for taking the time to check out our product. I encourage you to download it and see for yourself if these ratings have any merit - you can get started with as little as 50 bucks. We have no lock up period + we cover the gas fees for supplying liquidity to the protocols or withdrawing it. Then you can come back and share your experience with the community and I will be happy to continue the discussion. Cheers!
Topic: Introducing Return Pro: Your Gateway to Cross-chain Stablecoin Staking Yields (Read 63 times)
January 23, 2024, 12:00:42 PM
January 13, 2024, 07:17:08 PM
1. What shows that “Return Finance UAB is a registered Virtual Asset Service Provider (VASP) Registration No. 306264593” I don't seem to see any of this information anywhere else.
2. The ratings about your app on Google play do not seem to give any confidence to any potential users. 1.3 stars is as bad as it gets
2. The ratings about your app on Google play do not seem to give any confidence to any potential users. 1.3 stars is as bad as it gets
January 11, 2024, 10:38:40 AM
Hello BitcoinTalk Community,
We're excited to announce the recent launch of Return Pro, a significant upgrade to our popular Return Finance app, tailored for those who seek a profitable yet simple DeFi liquidity provision experience.
What is Return Pro?
Return Pro is designed to transform how you interact with DeFi. It's a stablecoin staking aggregator, allowing you to supply USDC and EURC to liquidity pools across various blockchains and earn yields — all from a single, user-friendly interface.
Key Features of Return Pro:
Unified DeFi Access: We currently offer yield generation opportunities for AAVE, Compound, MakerDAO, Curve and Convex but we have great plans to expand the supported protocols in 2024.
One-Click Staking: Say goodbye to complex staking processes. With Return Pro, it's just a click away.
Zero Gas Fees: We eliminate the hassle of gas fees for staking and unstaking, ensuring a more profitable experience.
Transparent and Secure: Enjoy full transparency with an auditable trail of your investments, bolstered by top-notch security measures.
Direct USDC on-ramp: You can transfer USDC directly inside the app. You can also use it as a fiat on-ramp for USD and Euro.
Why Choose Return Pro?
Whether you're a seasoned investor in the DeFi space or just starting, Return Pro offers the tools and simplicity to maximize your earnings securely and efficiently. We believe in making DeFi rewards accessible to everyone in a regulated and compliant fashion.
Return Pro is available for all users of the Return Finance Andorid and iOS apps and will soon be supported on our web app. We currently have a 10% non-withdrawable bonus on deposits (up to $600) as well as a $25 referral bonus for inviting friends.
For more details about the product, visit our website >> https://return.finance/pro
If you’d like to know who we are and what we stand for >> https://return.finance/about
We're here to answer any questions and welcome your feedback!
Happy Staking,
The Return Finance Team
We're excited to announce the recent launch of Return Pro, a significant upgrade to our popular Return Finance app, tailored for those who seek a profitable yet simple DeFi liquidity provision experience.
What is Return Pro?
Return Pro is designed to transform how you interact with DeFi. It's a stablecoin staking aggregator, allowing you to supply USDC and EURC to liquidity pools across various blockchains and earn yields — all from a single, user-friendly interface.
Key Features of Return Pro:
Unified DeFi Access: We currently offer yield generation opportunities for AAVE, Compound, MakerDAO, Curve and Convex but we have great plans to expand the supported protocols in 2024.
One-Click Staking: Say goodbye to complex staking processes. With Return Pro, it's just a click away.
Zero Gas Fees: We eliminate the hassle of gas fees for staking and unstaking, ensuring a more profitable experience.
Transparent and Secure: Enjoy full transparency with an auditable trail of your investments, bolstered by top-notch security measures.
Direct USDC on-ramp: You can transfer USDC directly inside the app. You can also use it as a fiat on-ramp for USD and Euro.
Why Choose Return Pro?
Whether you're a seasoned investor in the DeFi space or just starting, Return Pro offers the tools and simplicity to maximize your earnings securely and efficiently. We believe in making DeFi rewards accessible to everyone in a regulated and compliant fashion.
Return Pro is available for all users of the Return Finance Andorid and iOS apps and will soon be supported on our web app. We currently have a 10% non-withdrawable bonus on deposits (up to $600) as well as a $25 referral bonus for inviting friends.
For more details about the product, visit our website >> https://return.finance/pro
If you’d like to know who we are and what we stand for >> https://return.finance/about
We're here to answer any questions and welcome your feedback!
Happy Staking,
The Return Finance Team
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