๐Ÿš€ Luxor Technology's upcoming Bitcoin hashrate-backed product promises 10-13% returns, but don't worry, it's not a ponzi scheme! ๐Ÿ˜… 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. ๐Ÿ“ˆ

Sound too good to be true? Share your thoughts in the comments! ๐Ÿ‘‡