Binance has stated that proof-of-work (PoW) tokens, including Dogecoin (CRYPTO: DOGE) and Litecoin (CRYPTO: LTC), that have been staked, will not be further lent out.
What Happened: Binance recently launched a staking program for proof-of-work tokens Dogecoin and Litecoin. The company clarified that these deposited tokens will not be further staked or lent out to create additional yields.
Following the initial announcement of the program, numerous investors and social …
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