Dec. 24 at 10:02 AM
$LTC.X
$LUXFF $LUXX.CSE
$LITS
New news released by LitVM. There has been some discussions about what the “Yeild” will look like for Litecoin and one thing was clear. Coins lent to exchanges are being used to wipe out leveraged positions, which created fear, insecurity, and price suppression.
LitVM will allow you to keep your coins. Yeild will be earned on chain for those who choose to lend their coins to an on chain coin swap, which increases liquidity. It will be done through transaction fees. The busier it is, the more Yeild you earn.
And we all know Litecoin is busy.
https://x.com/circle_crypto/status/2003637551416975404?s=46