DeFi Digest: Alkimiya Protocol & Pawn.Fi

DeFi ProtocolsJune 18, 2021, 6:07AM EDT
UPDATED: March 7, 2022, 1:52PM EST
DeFi Digest: Alkimiya Protocol & Pawn.Fi
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There have been many attempts made to financialize mining hash power, including cloud mining services, tradeable hash rate indices, and hash rate tokens.

However, we have yet to see the creation and development of large markets for trading and selling hash power. A reason for this, according to Alkimiya Protocol, is the lack of a natural buyer for hash power as properly pricing it is difficult.

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