Bitcoin Doesn’t Need Yield When Holding Will Suffice

Bitcoin Doesn’t Need Yield When Holding Will Suffice

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Voyager had also successfully attracted loads of yield-hungry depositors, but it made poor decisions on whom to lend that money. Its biggest lending customer, Three Arrows Capital, had large exposure to the LUNA token. When LUNA imploded, it caused a domino effect that led to the bankruptcy of Three Arrows and, consequently, Voyager.



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