Degens borrowing ETH to get fork tokens create headaches for DeFi platforms By Cointelegraph
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Degens borrowing ETH to get fork tokens create headaches for DeFi platformsThe growing number of speculators taking out Ether (ETH) loans to maximize their potential to earn forked Ether Proof-of-Work tokens (ETHPoW) has been causing headaches for decentralized finance protocols.
The issue has been gaining traction over the past month or so, given that a significant number of Ether miners are expected to continue working on a forked PoW chain, or possibly even multiple chains post the long awaited Merge.
ETH outflows on exchanges
Continue Reading on Coin Telegraph
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Degens borrowing ETH to get fork tokens create headaches for DeFi platformsThe growing number of speculators taking out Ether (ETH) loans to maximize their potential to earn forked Ether Proof-of-Work tokens (ETHPoW) has been causing headaches for decentralized finance protocols.
The issue has been gaining traction over the past month or so, given that a significant number of Ether miners are expected to continue working on a forked PoW chain, or possibly even multiple chains post the long awaited Merge.
ETH outflows on exchanges
Continue Reading on Coin Telegraph
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