Guy Young, founder of Ethena, published his views on token model design on his platform and said that BNB is currently the best token model design project. He explained this view in detail, especially mentioning several key advantages of BNB:
Return of income: BNB can participate in the distribution of other tokens through Launch Pool, bringing 50-80% of the income. These income can flow back to BNB, forming a positive cycle mechanism, enhancing the liquidity and value of the token.
BNB's functionality as a currency: On the Binance platform, BNB has been used more as a currency for payment and trading. Compared with Ethereum, the Binance platform has a larger number of users and activities, and BNB plays a key role in scenarios such as transaction fees, Launchpad participation, and even cross-chain bridges.
Excellent tokens are derivatives of excellent platforms: Young emphasized that excellent token models are often based on a successful platform or product. BNB's success is largely due to the strong infrastructure and wide application scenarios provided by Binance as the world's leading cryptocurrency trading platform.
This view highlights BNB's dominant position in the current market, not only as a trading tool, but also in the DeFi ecosystem and liquidity provision.
