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BNBCollateral
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🌐🔒 Insights from Binance co-founder Hui! He discloses that the BNB collateral backing Venus is guaranteed by Binance itself. In the event of a BNB price decline, Binance is committed to prompt liquidation, ensuring minimal impact on the secondary market. Additionally, Binance vows to responsibly carry out BNB burning. This strategic approach underscores Binance's dedication to maintaining a stable and secure ecosystem. đŸ›ĄïžđŸ”„ #BNBCollateral #BinanceStrategy #CryptoStability
🌐🔒 Insights from Binance co-founder Hui! He discloses that the BNB collateral backing Venus is guaranteed by Binance itself. In the event of a BNB price decline, Binance is committed to prompt liquidation, ensuring minimal impact on the secondary market. Additionally, Binance vows to responsibly carry out BNB burning. This strategic approach underscores Binance's dedication to maintaining a stable and secure ecosystem. đŸ›ĄïžđŸ”„ #BNBCollateral #BinanceStrategy #CryptoStability
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