gm. the yield is currency dilution.
Coinbases shitcoin business model is basically this:
X (formerly Twitter)
Coinbase 🛡️ (@coinbase) on X
cbBTC is onchain. cbBTC is an ERC20 token that is backed 1:1 by Bitcoin (BTC) held by Coinbase. This means millions of BTC holders can now secure...
ETH fanbois still confused that the future of finance turned out to actually be the future of casinos for nerds that were smarter then you. image