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Unsustainable Yields, DeFi's Triumph, and Checking In On Jack Dorsey with CryptoEQ
The crypto-economy is growing quickly, but it's also constantly evolving.
Initially, brokerages like Coinbase (Nasdaq: COIN) profited simply by charging commissions for each time Bitcoin was bought or sold. They added more cryptocurrencies over time, though their fate was tied to trading volumes. Over time, more exotic profit strategies emerged -- such as staking rewards, crypto-lending, or the use of cryptoassets as collateral for loans.
Yet some of those evolutionary new strategies appear destined to go extinct. Terra LUNA, Olympus OHM, and several other protocols lure investors with…
The skinny
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