Lowe's Binance litecoin LTC

Is Litecoin’s addition to Binance DeFi staking a double-edged sword

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Litecoin is gradually recovering from the heavy discount it received in the last few months. It might take a while for the market to recover to previous highs.Holders can still earn some passive income as they wait for the recovery.

But is this really a healthy option in light of the recent market events in May?The Terra UST crash was the biggest eye opener to the dangers that might be associated with staking.

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