u/Educational_Trust970

Is this a stablecoin arbitrage scheme a scam? I ran it three times and can’t fully explain the results.

**•**	My wallet’s total USD value after each swap: $56.78 → $57.68 → $58.60. Step-to-step, that’s +1.59% and +1.59% — inside the promised range.  
**•**	The *individual swap rates* in my transaction history show normal slippage, not a captured spread: -0.09%, +0.09%, -0.34%.  
**•**	Checked stablecoin peg data for those timestamps. No 1.5–1.9% deviation existed between USDT/USDC.e/DAI at any point.  
**•**	Each swap required an “Approve” transaction to a contract address that doesn’t resolve to any DEX router I recognize.  
**•**	My wallet also holds POL (gas token), which moved in value across the same window and could account for some of the balance change independent of any arbitrage.

Questions: has anyone encountered this recruitment path before — job-search group contact, “side project” framing, handoff to a second person running signals? Is there a known mechanism where a scam produces a real-looking short-term gain before a later drain, or is this more likely coincidental POL movement lining up with the promised numbers? And what’s actually behind the unrecognized approvals — is that the real payload regardless of what the balance shows?

Not running a fourth one. Trying to understand the mechanism before deciding what to do with the approvals already granted.

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u/Educational_Trust970 — 2 days ago