Justin Sun Plans to Increase Interest Rates on Huobi POS Cryptocurrencies
10/26/2024 3:07:17 PM
According to Justin Sun, the current interest rates offered by Huobi's financial products are too low. After personally experiencing these low rates, Sun plans to increase the interest rates on most POS (Proof of Stake) cryptocurrencies by 5-10% starting tomorrow. This move could impact the attractiveness of staking on Huobi and potentially influence the trading volumes and prices of associated POS cryptocurrencies. (Source)
Justin Sun cryptocurrencies Huobi PoS interest rates