Disclaimer: Strictly for educational and Magma Testnet purposes.
Pyramid Finance is a blockchain-based Ponzi scheme simulator. It demonstrates how such schemes operate by allowing users to mint NFTs for a fee and distributing dividends to earlier participants, highlighting the risks and mechanics of Ponzi structures.
- NFT Minting: Mint NFTs (ponzi share) with 0.25 LAVA.
- Dividend Distribution: Early holders benefit from new mints, receiving a return proportional to their place in the pyramid.
- Educational: This is tool for demonstrating and understanding Ponzi schemes' dynamics.
PyFIN is designed for educational use on evm testnet magma onyx, to explore smart contract functionalities without real-world consequences. Engaging with Ponzi schemes is illegal and unethical, leading to financial and legal repercussions.