BNB's breakthrough of the previous high proves to us that dividends + repurchases + destruction + reforms are problems that mature old coins must face, and are also a sign of the market's maturity. The current market has been fully saturated, and those who can enter have already entered. People who have not entered the crypto market are considering the specific value of altcoins. If the circle wants to keep an eye on stockholders and other middle-class people entering the market, they must promote mature protocol dividends and repurchase and destroy their tokens. People outside the circle need to see the self-value of cryptocurrencies, rather than blindly dumping tokens. To put it nicely, it is dumping, and to put it bluntly, it is fraud. There is no difference between the two.

In addition, the RWA concept can realize the self-value of tokens, and the repurchase + destruction + dividends of mature tokens are to realize the value of self-protocols. In the past, cryptocurrencies had cruel competition and abided by the law of the jungle. Many bankrupt coins, runaway coins, and protocol income only rely on staking to share profits. In the end, it is nothing more than propaganda + lip service + dumping, which is disgusting. These people should be brought to justice.

In the past, I recommended BNB, MKR, AAVE and other old coins because I saw that they were willing to recycle their tokens and stabilize their value during difficult market periods, including the dividend speculation of UNI some time ago, which led to an extremely strong increase in the demand for tokens in the market. The simple thing of UNI's dividend speculation tells us that every mature old coin should formulate a dividend + repurchase + destruction mechanism in addition to staking. In addition, there are many mature tokens with positive returns, but many project parties do nothing but sell coins. These projects should be condemned or removed from the shelves because they can neither manufacture cars nor produce rice. In addition to empty talk of dreams, they are wasting energy. The money from the dumping of tokens was used to buy beautiful houses, beautiful girls, etc.

I personally think that in order to achieve long-term value and introduce more funds into the market, each project should establish a complete dividend repurchase and destruction system, rather than simply a pledge scam that binds the interests of retail investors. Including the stable currency USDT, which is also a Ponzi scheme. Even traditional banks will share profits with users, but stable currencies such as USDT do not share profits with holders. Therefore, I usually say that most cryptocurrencies are highly centralized. $BNB $MKR $AAVE #UNI📈 #aave #BNB金铲子挖矿 #mkr