The Unlimited Money Glitch for Staking Crypto (9,9) | Spartacadabra on Spartacus DAO

What is goodie, my people? We are back again with another gem. Listen, I don't know if as kids, you know what I'm saying, used to play video games like Nintendo 64, GameCube, PlayStation 2, PlayStation 1, all them older games. But back then we used to have these things called cheat codes or glitches, if you want to say it that way. There used to be glitches like, oh, unlimited health, invincibility glitch. They used to be a flying glitch, you know, say used to be unlock all glitches. Well, today I have discovered the unlimited money glitch, and I'm talking real world. I'm not talking about no video game. I'm talking about the real world unlimited money glitch, and I'm gonna be sharing with you guys. I'm actually very excited. If you're excited to make sure you smash the like button, make sure you subscribe, make sure you hit the post notification bell, 'cause I'm dropping bangers. I'm dropping straight gems very frequently. You're gonna want to be notified whenever I drop a gem. Without further ado, man, let's just hop right into this. All right, so boom, I do have to say before we get into this video, shout out to Spartacus for sponsoring this video, you know what I'm saying? I— you guys don't understand how many projects email me all the freaking time asking me to do videos about their coins, about their NFTs, and I'd be like, bro, I don't— your NFTs suck, your NFT sucks, I'm not promoting that to my audience, you know what I'm saying? But their project I've actually known about way before they even hit me up. I was actually surprised that they hit me up, I'm not gonna lie to you. But, um, they hit me up because they're coming out with something absolutely amazing. They're coming out with literally the unlimited money glitch, and I'm gonna be breaking it down for you guys in this video. Um, I actually talked about Spartacus a little bit inside my Patreon. If you guys want to be part of it, you can. Links in the description, first link, you sign up. But I'm gonna be talking about their new project that's literally launching tomorrow, and, um, I'm gonna show you guys how you can use it, how it becomes an unlimited money glitch, what it is as a whole, what are the risks. Also how you can get started with it. Also, towards the end of the video, I'm going to show you guys exactly how to get started in staking Spartacus because Spartacus does allow staking. It's just like a DAO. It offers some crazy— well, it's not just like a DAO, it is just like all the other DAOs that we've went over in the past: Time Wonderland, Hector, Klima, um, Snowdog, Snowbank, all the other ones. But this one is offering some crazy high APYs, so I'll get into that a little bit towards the end of the video as well. Walk you guys through how you guys can get started in the staking process of it. But honestly, let's just hop right into this. All right, so boom, Spartacus.finance. Okay, so basically what their new project is, their unlimited money glitch project— that's not what it's called, but that's what I'm calling it because that's basically what it is in my mind, and I'm gonna explain to you how that's what it is. Um, I haven't talked about it too much on YouTube about, um, kind of the 999 or 999, however you want to say it. But it's basically the act of you staking. It's already on Time Wonderland. They already have their version of it on the Avalanche blockchain. Spartacus is on the Phantom blockchain. I've made a video about Hector, um, when I was buying Hector bonds. That's also on the Phantom blockchain. So you guys will see a couple of different swap tools that we're using in the Hector video, um, in this video as well. But like I was saying, Time Wonderland also has this kind of feature. Um, it's almost exactly the same as how it's going to be when Spartacus releases theirs tomorrow, which is December 1st. Um, so I'll be kind of using that as a reference point to show you guys exactly what I mean when I'm saying certain things. But I was saying all that to say— I don't even know what I was saying all that to say, actually. But here we are, Spoticure.finance. They're a DAO, like I said. You can open their app, it comes out just like this. They're crazy. I— why they're offering right now is 574,000. 574,000%. But that's not even what we're gonna focus on right now. That's cool and all, that's great, but, but we need to talk about this unlimited money glitch. And basically what it is, is the act of you staking your money in here, let's say you stake $1,000 into here, and you taking a loan out against that $1,000, therefore making you able to stake, let's say, an extra $500, so now you're staking $1,500, and the $500 is not your money, the $1,000 is your money, but you took a loan out against that $1,000, so now you're staking $1,500 worth, and then with the money that you're making from the rebases of staking, you're paying back that loan, therefore making that $1,500 your money and it just being the debt being paid off by all the passive income that you're making through this staking method. So don't worry, it might sound confusing. I've watched a bunch of videos on it before, like when I was first getting started with the whole, um, money glitchy, you know what I'm saying? And everybody was making it so complicated. So hopefully I can make it very simple for you guys. That's gonna be my, uh, challenge for the day. I don't think it's gonna be challenging because I feel like I'm pretty straightforward. I tell you, do this, click there, go right here, Copy, paste, go, money. That's how I like to think of it. Just, it always ends with money and it's very simple, you know what I'm saying? But just for reference, we're gonna come on abracadabra.money, which is Time Wonderland's version of what Spartacus is launching tomorrow. So if we look up here, we have multiple different tabs. We have farm, borrow, stake. Right now we're gonna worry about the borrow part. So basically how it's going to be, If you're familiar with Time Wonderland or if you're not, you basically are staking MEMO. This right here, the W in front of MEMO means wrapped, so it's basically wrapped MEMO, but it's essentially MEMO, which is essentially time. I know it sounds very confusing. Let me go to app.onelane.com just so you guys can actually see it in person, like straight up. So I'm actually staking 2.7 MEMO tokens, which is basically TIME tokens just staked. So like I was saying, just, just this is MEMO, but this is also TIME. This WMEMO, this is also TIME. But, um, on the borrow part, you would basically have your 2.7 MEMO here available to use as collateral against what you're borrowing. So when you say collateral, that's like saying you're loaning your friend a car, right? And he has to pay you back the car in 3 weeks, but you might not trust that he's gonna pay you back the car in 3 weeks. So you take his mama's house. So if he does not pay that car loan off or he does not pay you for that car, you have his mama's house keys. So therefore, your mama's house keys is the collateral in this example, and the car is what he's loaning. So if he decides not to pay you back for that car, you're not getting absolutely screwed over, you know what I'm saying? Is screwed a bad word? I don't think— my mama used to say it. I don't think it's bad. Anyways, you're not getting messed over because you have the mom's keys as collateral, and that is your safety net. That is your, that is your, that is your, your, your, your thing. That's your thing. You know what I'm saying? It's your thing. So when you hear me say collateral, that's basically what I mean. You're using your own money as collateral. So basically, a problem that we have, well, a lot of people have when they're trying to get into this unlimited money glitch, especially on the Avalanche network, is is that MIMO, if we look right here, MIMs left to borrow, there is zero left when you're trying to borrow this because you need to borrow this to be able to do the unlimited money glitch by them giving you MIMO and using your money as collateral for you to therefore put it back into the staked balance. So that's a problem that they're having here. So what Spartacus is, a great opportunity for anybody. I want to say this first, this is not financial advice, we're just friends. I'm simply just sharing you guys this glitch that I found out. It's a glitch in the matrix and I just want to show you guys the glitch in the matrix that I found out. So I feel like anybody should be able to exploit this glitch in the matrix. Yeah, so let's get into how it's actually going to work, an example of how it's going to work, because like I said, it has not launched yet. It literally launches tomorrow. If you guys want me to do a whole video on walking you exactly step by step through on how you can get through this process of staking, then borrowing and using that— your staked balance as collateral to borrow more money to put it into your staking thing, and also using the rebase profits to pay off the loan that you took, let me know and I'll make a video on it once it actually releases. But for now, we're gonna have to use an example on the Avalanche version of this, which is abracadabra.money. So like I said, we would come over here and press w.memo, and once we click it, it will now pop up here. And basically all this looks very confusing, but I'm going to break it down for you. First of all, we're going to need to wrap our MIMO. So if you come right here and Um, if you just have MIMO, if you don't have WMIMO already, you're going to need to wrap your MIMO. You just press Max and then you just press Wrap and your MIMO would then be wrapped. I'm not gonna do it for the video right now, but once you have it wrapped, then you can come over here to the borrowing section of it. And all you would do, let's say you have, um, 1 MIMO and you want to deposit 1 MIMO as collateral. Remember the example I gave, you're using your mama's keys as collateral. Only put in the amount of collateral that you, that you are willing to lose if all fails. If the liquidate— if it gets liquidated, I'll explain exactly what liquidation is as well. So let's just say I want to deposit 1 MIMO. Um, this MIM is basically Time Wonderland's equivalent of a stablecoin. It's always pegged to $1. So say 1 MIMO is worth $500 right here. That's just an example. That's not exactly what it is. So we're depositing 1 MIMO and we're taking, we want to borrow $500 off of that collateral rule that we're using. So that means that we now have an extra $500 to put back into the staking pool, therefore be making the 500,000% based off of a $1,500 investment instead of a $1,000 investment. I'm really trying to make this sound simple, but for some reason I think it's not, but I think it is at the same time. So I'm not using, I'm trying not to use like big words and words that people don't know, the definition to. But once we have this, once we figure out the numbers that we actually want to use, of course it's gonna vary depending on how much money you have, how much money you want to put into it exactly. But once we have this figured out for ourselves, then another absolutely critical point in here is that we need to find out our liquidation price. So a liquidation price basically means if the price of MIMO goes below a certain number, our loan gets liquidated and they take all of our collateral, which is a no-go. We don't want that. We want to have a safe boundary area for, um, the price to be able to fluctuate up and down and us not get liquidated. So what I suggest— this is not financial advice— but what I suggest is they have 25% here, 50% here, 70% here. But what I would suggest personally is— I don't even know why I changed this— But, um, I would make it custom. I would usually do between like a 10 to 15% liquidation price because that gives a lot more room for the price of WMemo to, um, go up or down. And keep in mind, this is an example of what we're going to be using on Spartacus. It's literally the exact same. They're coming out with the exact same feature. I'm telling you guys why it is an unlimited money glitch, because literally, like I said, once you create this loan, once you do all this, you fill out all of it how you want to You're literally going to have an extra however much you put into it here. Let's say you took out $500 and they loaned you $500. I don't know why I can't change this number, but let's say they loaned you $500. You have an extra $500 to therefore put back into Wonderland to stake in here, and instead of you having 1 MIMO, you now have 1.5 MIMO that's earning higher rebases. You're earning 50% more rebases just because you took a loan out on your money to use to invest to make more money. And the great part about this is that you technically don't even have to have outside money coming in to pay off that loan. You can literally just use the rebases once they're coming out to pay off the loan gradually, and you'll still be in profit a lot faster versus if you just used your own money. So all you would do, honestly, I have to make the video once it comes out. I'll show you guys exactly how to do it. If you guys want, drop in the comments down below. I'll do a whole walkthrough of the entire thing, paying off the loan, starting the loan, choosing the percentage, all that. Just let me know and I will do that. So to make things simple, I'm gonna just break it down really quickly how this is an unlimited money glitch. You have $1,000, right? You take a loan out against that $1,000 and you use that $1,000 as collateral. You take a loan out and they give you an additional $500, right? This is not exact numbers, but let's, for an example, they're just giving you $500 with your $1,000 used as collateral. You still hold that same $1,000 that you're using as collateral unless your position gets liquidated, but I showed you guys how to minimize the chances of it getting liquidated by changing that percentage to something a little bit lower. So $1,000 and you now have an initial $500. So now you're staking $1,500 instead of staking just $1,000. And you can literally keep doing that and keep paying off the loan specifically, well, not specifically, only using the rebases. You don't have to take any money out your bank account. You don't have to do any of that. You can literally just use the rebases that you're making from staking that crypto plus the loan that you're getting on that crypto. To pay off that loan that you've got. So you can literally just keep rinsing and repeating, rinse and repeat, loan, payoff, loan, payoff, loan, payoff. Now I want you guys to understand this is very risky as well due to the fact that you are taking a loan out. Either way you're taking a loan out, but this is a good type of loan. Well, I say it's a good type of loan. This is not financial advice, I gotta say this again. But this is a good type of loan because you're not, it's not the type of loan where you don't have the money already. You have the $1,000, Worst case scenario, they liquidate your $500 out of the $1,000 you used as your collateral, and now you only have $500. But best case scenario, you're actually making more money because now you're using somebody else's money to make you more money and paying off that loan with the money that you're getting from staking, if that makes sense. So that's basically how you get started with the whole leveraging and the rinsing and repeating of the loaning and paying off your loan and borrowing more, then paying off that again. But if you want to be updated with all that, I highly suggest you guys check out their Discord. You can literally just go to sparkles.finance and it's the link right here. Just click join Discord. It'll keep you updated on everything that's going on. You'll also be surrounded by a community of people that are also doing the same thing as you. So if you have any questions, everybody in most Discords is very nice and very helpful. If you have any questions about really any project, find their Discord and just talk to the people in the Discord. Most people are super nice and willing— hey, a notebook fall out my pocket randomly. But most people are really nice and they're willing to help people with their questions. So if you have any questions about any of it, hit up the Discord. And now I'm going to show you guys exactly how you guys can get started with staking Spartacus just with your own money without having to take a loan out just yet. Um, so yeah, let's just hop right into that. So we're just going to be here at spartacus.finance.com. We're going to press open app. It's going to take us right to this page. Make sure you have MetaMask already installed on your Chrome browser and you also have to be on the Phantom network. The first time you come on here, you're gonna have to approve it, and you need to make sure that you do have some Fantom inside of your account. But the good thing about Fantom is that the fees are very, very, very, very low compared to Ethereum. I think everybody's fees is very low compared to Ethereum, but we're just going to confirm it. It's going to approve it. We're also going to need SpookySwap here, so spookyswap.finance, and you're just going to press the swap tab up here. It will take you to this page, and you're going to need to convert whatever currency you want to convert that's on the Fantom blockchain. You're going to want to convert it to SPA, which is Spartacus's— I have it added already, but which is Spartacus's token. It's just like TIME for Wonderland, but it's SPA for Spartacus. So once this is approved— did I mess it up by doing something? I don't know, but it's 2 cents, so we'll approve it again. I'll be back once this is approved and, um, we're ready to go. It shouldn't take long at all because Phantom Network is actually pretty quick. All right, so boom, here we are. It is now approved. Now we're going to come over here on SpookySwap and we're going to take FTM Um, right now I have some DAI in there, about $1,000 worth. So we're going to stake $1,000 worth of DAI and we're going to convert that to SPA. First, we're going to have to approve the DAI, so let's do that really quickly and wait for it to approve. Elevator music starts playing. I don't have any elevator music to play. I'll be back. For all of you also that do not know how to get Fantom in your wallet, literally all you have to do, you can go to kucoin.com and you can just buy Fantom, or you can buy Fantom from really any major exchange. Coinbase doesn't have it, but you can buy it from— I highly suggest you go to KuCoin and you just buy some Fantom and then simply just send it to your MetaMask. Therefore, you'll have it in here. So the transaction has been approved. So then we will need to wait for it to update right here. Once it updates, then we'll press the swap button and it will give us our SPA. So let's confirm this. Again, it's going to charge a little bit of gas fees with Fantom. Just press OK. And once this goes through, I'll come back and show you guys the next step after that, which is pretty simple. You guys probably all know how to do it already if you've staked anything when it comes to Staketime, Wonderland, OlympusDAO, any of that. All right, so boom, it has officially swapped. As you see, the DAI is now gone, um, and our balance for SPA is 6.135. So now we're going to come back on the app.spartacus.finance, and we're going to come over here and press max. As well. We probably have to refresh it so it does realize that I actually do have some SPA. It still has not realized that I have SPA. All right, so now it finally realizes I have SPA. So we're just going to press max, we're going to stake SPA, we're going to press confirm. And it gave me a wrong thing, so we're going to try it again. Boom. Now we're just going to wait for it to confirm, and then once I come back, we should be all gravy. All right, so it is now finished. The balance moved from your balance to your stake balance. So we are now officially staking Spartacus, $1,000 worth of it. I will keep you guys updated probably in a week's time or a couple days' time to see how well this investment is going. Let's remember, we put in $1,000 into it, so let's come back and see if we'll— we would have made a profit with these crazy high APYs, 563,000%, with the ROI percentage in 5 days of 12%, which is absolutely freaking ludicrous. We love to see it. So I can't wait to come back and show you guys the progress on it. That's the end of the video though. Hope you guys enjoyed it. Hope you guys were able to get something out of it, you know what I'm saying? I showed you guys the nice little unlimited money glitch. Let me know if you guys have any questions at all. Hopefully I made it very simple for you guys. And like I said, make sure you, um, go to their Discord, um, go inside the chat. You can ask any questions you want, you know what I'm saying? Or you can get more information on the launch of their unlimited money glitch. That's what we're gonna keep calling it because that's basically what it is, because you just take a loan You pay off the loan. You take the loan, pay off the loan. Loan, pay off the loan. Every single time. Easy peasy lemon squeezy. 1, 2, 3 ABCs. Taking money from a baby. Every day. 24/7. That's the end of the video though. Hope you guys enjoyed it. Make sure you subscribe though. With the post notifications bells on because you're gonna wanna be notified whenever I do drop a gem. 'Cause I'm just dropping straight gems. You know what I'm saying? If you wanna be more in tune with my trades, sign up for the Patreon and good luck on all your trades. Good luck on all your crypto. Good luck on your business. Good luck on life as a whole, man. I'm gonna see you on the next video.