
As of May 31, 2024, more than $18 billion worth of cryptocurrency has moved into new 're-staking' platforms, which offer investors rewards in exchange for locking up their tokens. This complex scheme has seen a boom as traders chase bigger returns. However, analysts warn that this method poses a risk for users and the broader crypto market. Experts are concerned that the complicated nature of these platforms could destabilize the market.
Some crypto tracers are using a complicated, risky method to juice returns by "locking up" their tokens and accruing value. Experts say this could destabilize the market. https://t.co/osKt8lxwZc
Crypto 're-staking' platforms boom as traders chase bigger returns https://t.co/hXQPGkG1BY https://t.co/if1U1xjyZi
Crypto ‘re-staking’ platforms boom as traders chase bigger returns https://t.co/9JkrTnwVl4
