🚀 Luxor Technology's upcoming Bitcoin hashrate-backed product promises 10-13% returns, but don't worry, it's not a ponzi scheme! 😅 Luxor's Head of Derivatives, Matt Williams, says the returns come from proof-of-work and economic production, not "pixie dust" or rehypothecation. Investors will receive a cut of loan repayments by posting Bitcoin as collateral, and Luxor will loan it to miners to fund their operations. 📈
Sound too good to be true? Share your thoughts in the comments! 👇