If we could go back in time and have the chance to go back to 10 years ago, would we miss this opportunity?
Would you choose to hoard BTC? Become a technician and start another Bitmain? Or become an early employee of an exchange? The past decade has indeed been a decade of wild growth in the crypto world, and a decade that has truly broken the limits of imagination.
Binance is a typical example of the exploding wealth effect.
In 2014, Zhao Changpeng was just a technical returnee from Canada, working as a technical director at Blockchain.info. Later, He Yi and CZ met because of OKCoin, and He Yi brought him into OKCoin. At that time, almost all product development was managed by CZ. Because of his good English, CZ was also responsible for overseas market promotion. The "coin circle iron triangle" that resounded in the crypto industry in 2014 was formed. In the entrepreneurial circle, there is no room for two tigers in one mountain, and the two often disagreed because of differences in decision-making logic and cultural background. In the end, CZ and OKCoin broke up, and in the second half of 2015, He Yi bid farewell to OKCoin in a low-key manner. Everyone knows what happened next, and Binance was established.
You should know that Binance was unknown before and after its establishment, and it sought financing everywhere. After its establishment, it was even criticized for the BNB price drop. BNB was launched in July 2017 with an issue price of 1 yuan, and then it fell below the issue price, with the lowest price cut in half to 0.5 yuan. He Yi later recalled that it was the period when CZ was under the greatest pressure. However, no one expected that BN would quickly become the world's number one in terms of trading volume after only about half a year of its establishment. Especially after the "September 4th Incident", a large number of exchanges in China were closed, and Binance attracted a large number of lost users with its currency-to-currency trading model. In the process of development, Binance not only focused on the growth of trading volume, but also committed to ecological construction. By launching innovative products such as Binance Launchpad, it provides financing and publicity platforms for high-quality projects, further consolidating its market position.
In the tide of the encryption era, there are many lucky people.
According to a great feedback from a "Bit Pig", he became one of the first users of Binance on June 24, 2017. When Binance BNB's ICO officially started on June 25, he grabbed 10,000 BNB as he wished. At that time, Binance's rule was that each person was limited to purchasing 10,000 BNB, and the price was 0.5 BTC for 10,000 BNB. At that time, the price of 1 BTC was 17,000-19,000 RMB, and the price of 1 BNB was about 0.9 RMB, which means more than 9,000 RMB for 10,000 BNB. BNB started trading online soon after the crowdfunding ended, but because of the overall poor market conditions, the coin price once broke. One month after BNB went online for trading, this brother exchanged 10,000 BNB for 0.46 BTC.
We also know the subsequent story:
The highest price of BNB in 2018: 120 RMB
The highest price of BNB in 2019: 230 RMB
The highest price of BNB in 2021 was 4,400 RMB, which means the highest price lost was over 44 million RMB.
Even as of October 9, 2024, the price of BNB is 4,094 RMB.
Unfortunately, the entire crypto industry has passed its initial wild days, and it may no longer be realistic to expect to get rich by replicating the paths of the big guys.
However, for ordinary investors like us, there are still many cost-effective options. Especially the 10,000-coin-holder who has been participating in Binance's ecological construction with 10,000 BNBs, and may have already become a winner in life!
You know the best time was 10 years ago, the second best time is now.
If this big guy is still here, he can definitely participate in the ListaDAO project. ListaDAO is a decentralized protocol based on Binance Smart Chain (BSC), which focuses on providing BNB liquid pledge solutions and collateralized debt position (CDP) protocols. It allows users to pledge assets (such as BNB) and obtain stablecoins (such as lisUSD). Users can use its liquid pledge token slisBNB to participate in mining income and other DeFi activities. The platform also offers a variety of reward mechanisms, including LISTA token emissions and CAC third quarter airdrops. Lista DAO has launched its latest innovation, clisBNB. Simply put, clisBNB is a "voucher" token given to you by ListaDAO, telling you that the BNB in your hand is securely staked. It's like a special receipt that not only allows you to keep control of BNB, but also allows you to use it to make more money.
1. What impact will the launch of clisBNB have on Lista DAO, BNB ecosystem, and Defi?
The launch of clisBNB further enriches Lista DAO's product line and enhances its competitiveness in the DeFi field. Through slisBNB, Lista DAO can attract more users to participate in liquidity staking and lending activities, thereby increasing the platform's activity and trading volume; as a derivative token of BNB, the launch of clisBNB will help enhance BNB's popularity and value. By participating in slisBNB's staking and lending activities, BNB holders can obtain more benefits, which will help increase BNB holdings and trading volume; the launch of clisBNB has brought a new liquidity staking and lending model to the DeFi field, which will help promote the innovation and development of DeFi. By introducing slisBNB, more users can access and participate in DeFi activities, thereby expanding DeFi's user base and market size.
2. What are the advantages and disadvantages of Lista DAO compared with other Defi protocols?
Advantages: Lista DAO has launched innovative products such as slisBNB, providing users with more choices and sources of income; as a project invested by Binance, Lista DAO has strong technical support and security; Rich ecological resources: through cooperation with platforms such as Binance, Lista DAO can integrate more ecological resources and provide users with better services. Disadvantages: Fierce market competition: The DeFi field is highly competitive, and many protocols are competing for users and market share; as the cryptocurrency market continues to develop, regulatory risks are also increasing. Lista DAO needs to pay close attention to changes in regulatory policies to ensure compliance operations.
3.What are the future development prospects of Lista DAO?
Expand more application scenarios: Lista DAO will continue to explore the application scenarios of products such as slisBNB to provide users with more choices and sources of income.
Strengthen cooperation with other platforms: By cooperating with more platforms, Lista DAO will be able to integrate more resources and improve user experience and service quality.
Promote technological innovation: Lista DAO will continue to pay attention to technological development trends, promote technological innovation and application implementation to maintain its leading position in the DeFi field.
4. What are your thoughts on BNB.xyz?
As an on-chain BNB staking platform, BNB.xyz provides users with a seamless staking solution and optimizes the utility of CeFi BNB and DeFi BNB. BNB.xyz is able to integrate on-chain staking resources to provide users with more convenient and efficient staking services; by participating in BNB.xyz's staking activities, users can earn more income, which helps increase BNB holdings and trading volume; the launch of BNB.xyz will help promote the development of the BNB ecosystem and provide BNB holders with more options and sources of income.
In summary, as an emerging on-chain BNB staking platform, BNB.xyz has broad development prospects and huge market potential. With its continuous optimization and innovation, it is expected to bring more opportunities and challenges to the BNB ecosystem and DeFi field.
