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DAI

Potential Fake or Illiquid Dai on Fantom — Don’t Move Funds Until Verified

I hold Dai (DAI) on the Fantom network and believe that moving it now would wipe out about 97% of its value. That large discrepancy usually indicates I'm holding a bridged or non-standard token with little liquidity or a scam/wrong contract.

Before attempting any transfer, I will verify the token contract on a block explorer, compare it to the official Dai contract listed on CoinMarketCap/CoinGecko, and check liquidity on DEXes and bridge status. I will not move the full balance — I'll test with a tiny amount and use only reputable bridges or centralized exchanges after confirming legitimacy.

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Analysis

The 97% loss claim points to either a non-standard/bridged token, extremely thin liquidity, or a token that isn’t the official Dai contract on Fantom. Common causes: wrong contract address, rug/bridge...

Recommendation

Do not move the full amount. Confirm the token contract matches the official Dai (Dai) address, check liquidity and pair depth, do a tiny test transfer, and if uncertain use a reputable CEX or officia...

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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