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Yeah, the yield isn’t the headline. Custody is. 3% in BTC with keys still on L1 is a different product than 8% in a wrapper.HashKey Cloud + UTXO Management in the first Genesis Bond also changes the signal. That’s not retail farm flow. That’s DAT / institutional BTC that usually sits idle because most yield products fail the custody test.
self-custody is the reason these institutions have the ability to take part. Dont sleep