Is Litecoin’s addition to Binance DeFi staking a double-edged sword

Litecoin is gradually recovering from the heavy discount it received in the last few months. It might take a while for the market to recover to previous highs.

Holders can still earn some passive income as they wait for the recovery. But is this really a healthy option in light of the recent market events in May?

The Terra UST crash was the biggest eye opener to the dangers that might be associated with staking. DeFi staking and lending platforms have been put to the test by…


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