TheBlock
2020-07-07 22:32:55

Dragonfly managing partner: Balancer’s and FCoin’s liquidity mining programs are “very different”

Balancer’s liquidity mining program is very different from FCoin, the infamous Chinese crypto exchange that lost around $130 million of user funds, according to Dragonfly Capital’s Haseeb Qureshi. In a recent webinar with The Block, Qureshi pointed out that unlike FCoin, which incentivized users to wash trade by rewarding transactions with the exchange’s native token […]The post Dragonfly managing partner: Balancer’s and FCoin’s liquidity mining programs are “very different” appeared first on The Block.

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer