Thursday, March 28, 2024
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Desperation Among Filecoin Miners Creating a Big Market for FIL Borrowing

Filecoin miners are paying large investors an annual percentage rate as high as 40% to borrow FIL, the closely-held native token required to participate in the decentralized storage network.This dynamic has created a lending market and is leading to more questions about Filecoin’s economic model. The lack of liquidity in tokens

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