Desperation Among Filecoin Miners Creating a Big Market for FIL Borrowing
October 30, 2020
Crypto Nanobot
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Oct 30, 2020 at 19:46 UTCUpdated Oct 30, 2020 at 20:15 UTC Filecoin creator Juan Benet(CoinDesk archives) 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 […]