Taking Binance Square as an example, let’s think about: What strategic value does a content community have for a platform?
For an exchange, its product form is essentially a trading tool. At the peak of the domestic Internet era, someone once said: "A good product should be used and then gone." However, when a platform has gone through the initial growth period of high expansion, especially when the industry is currently in the stage of transitioning from high growth to stock, good products should not be used and then gone. So what strategic value does the Binance Square product have for Binance? 🗝️Article title 1. Discuss the rationality of Binance Square 2. Why is this a product moat that is difficult to replicate?
A week ago, Trump Coin skyrocketed, friends outside the circle came to ask me, and I told her that right now $TRUMP is just the wave, you better not buy it.
He asked: So is there any other recommendation?
Then I wrote the article later: three head recommendations for assets.
In these days, $ICE has pulled up dozens of points against the trend, pretty good.
So what is not worth buying?
Avoid buying assets that may have high-impact entities affecting market structure from time to time, like Ethereum $ETH just is
Eric SJ
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3 high-value-for-money targets that are worthy of your attention!
The secondary market is being sucked dry by $TRUMP , and "bloody high-quality chips" are everywhere I don’t understand PVP, so I have only one requirement for the cottage I recommend: I can sleep peacefully after buying it. I will share 3 secondary targets that I think meet this condition. This article arranges the stocks according to their market capitalization from largest to smallest, with the highest market capitalization not exceeding 60 million. They are $LISTA $ICE $DBR I will expand on some of the logic below 👇🏻
1. Lista DAO @lista_dao As the leading LSD ecological protocol on the BNB Chain, its current market capitalization is approaching 40 million. In my opinion, the current price is ridiculously cost-effective. You can see dozens of points of room for growth by just looking at it.
1. Since Trump took office, my copycat positions have been hit several times. How come this is different from what the teachers said at the beginning😭
2. I went to Zhuhai and Macau to play these days. I walked 90,000 steps in four days. It seems that I didn’t go to the gym, but in fact, the amount of aerobic exercise has reached the standard
3. Recently, several friends online have given feedback on how they read my articles. I only know one thing after a lot of chatter: you guys really don’t like to like posts normally
One account can manage all chains = chain abstraction
Chain abstraction is being done by wallets, cross-chain bridges, and DEXs!
Solana's top ecosystem Jupiter$JUP has also begun to move towards chain abstraction
There is no doubt that in the future, all applications on the chain will begin to turn to chain abstraction
Web3 has developed for so many years, and various technical things have been developed to the extreme. After they have begun to truly realize that these are the barriers that hinder Web3 from being accepted by more people
The era of abstracting technology and focusing on user experience is coming~
Because Roam itself has been developed for a long time, there is still a very large community base behind the node device TOP, so a more interesting design was also made during the TGE
The generation of tokens is directly related to the number of points. Tokens are obtained by burning points. The exchange ratio is not constant and will change dynamically. The principle is roughly based on the total amount of points destroyed in each cycle divided by the total amount of tokens released in that cycle
For example, 100 tokens are released in the current cycle, and there are 10,000 points destroyed, then 1 token is obtained for every 100 points
If the same 100 tokens are released in the next cycle, There are only 5,000 points to be destroyed, so each point can get 2 tokens
This design is really novel. If you want to achieve a short-term exit, the exchange rate of points may be reduced. If you want to get more tokens, you may have to implement a longer-term point destruction plan
And different roles in the Roam ecosystem have different total tokens released in the pool. I won’t repeat this. You can see the announcement https://x.com/weRoamxyz/status/1882195679105429840?t=ziTz9H_G6lQddI_rdID2RQ&s=19
Eric SJ
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Solana has been promoting the DePIN track
Although there are many chains focusing on the DePIN track, such as IoTeX, the more popular projects are basically based on Solana
➠For example, Helium and Grass are typical examples
I forgot to mention Roam, which I mentioned several times before. It is also on Solana. As a DePIN that has been developed for several years
With millions of nodes and a huge community, the performance after TGE is worth looking forward to this year🤤
As the first implemented chain abstraction trading application, UniversalX really overturned the original interaction logic on the chain. Friends who see my continuous recommendations have also exclaimed after using it: Technology changes life. During this time, I also gathered some real feedback and issues from the community, which can be summarized into three categories. This article will also answer and extend these with some plain language.
1. What is the relationship between UniversalX and Particle? UniversalX is the first chain abstraction application launched by Particle, which itself is a foundational infrastructure for chain abstraction. It can also be understood as: UniversalX to Particle is like Uniswap to Ethereum.
Binance Labs announces its rebranding as YZi Labs!
Future investment focuses will cover Web3, AI, and biotechnology.
CZ @cz_binance will be involved and play an important role.
Actually, at the beginning of last year, Binance Labs announced its independence from the Binance brand, and this rebranding further solidifies that action.
I believe this initiative will at least benefit BNB Chain, AI, and DeSCI in the short term.
This wind on BNB Chain is going to blow quite fiercely, so we should pay more attention to the developments on BNB Chain (not limited to Memes). #YZiLabs
[Today is the last Thursday before the Spring Festival]
Honestly, I almost cried when I saw people posting New Year's gifts, issuing train tickets, and sharing travel scenery in their Moments
This last Thursday is destined to be extraordinary:
The juicy fried chicken not only fills the hungry stomachs of workers
The softness of mashed potatoes is a cure for tired souls
And the Portuguese egg tarts, every bite seems to say: "Put down work and enjoy it!"
However, I was left with 22 yuan after my year-end bonus was deducted, so I could only stop at the door of KFC
Tears blurred my vision, and suddenly I heard the voice of a man in black talking on the phone
"Eric, remember to tell your fans and family members that Binance's latest New Year event, through the referral link/referral code, for every successful invitation of a friend, both the inviter and the invitee can get up to $18 (130 RMB) worth of USDC "Red envelope"
My heart was burning. Although I didn't know what Binance was at that time, I had already developed a strong curiosity
At this time, I felt a pain in the back of my head and fainted. When I woke up, some information in my brain told me what I had missed in these years. If:
➠In 2009, I was deceived by a friend to buy a product called $BTC
➠In 2010, I invested in a small boss named Lei Jun
➠In 2014, I bought 100 Titan stickers while playing CSGO
➠In 2019, I bought a loss-making mask factory
➠In 2022, I bought Nvidia stock
But these are not important anymore. I sighed and the past is over. I know that I must seize this opportunity. I think the gears of fate are really turning quietly at this moment
➠On January 23, 2025, I accidentally invited a friend to join Binance
I recalled the words that the mysterious man in black just said intermittently:
"Eric, you must remember that new Binance users who recharge 200U can also enjoy a price protection for buying BTC, and there is no loss in the decline"
Open AI➠Closed AI The Open Network➠The Closed Network
How can people be so funny😂$TON
Yesterday, TON announced an exclusive partnership with Telegram. Other mini-programs that do not use TON as infrastructure need to migrate before February 21st
I haven’t seen whether it is only TON or inclusive. If it is only TON, 👇🏻
This move is undoubtedly a heavy blow to other chains’ previous drastic efforts to develop the TG ecosystem
The current multi-chain landscape has made [inclusiveness] a general trend. I looked at the specifications described in the official document:
(1) Use TON exclusively to create and distribute cryptocurrency tokens or blockchain assets
(2) Only interact with cryptocurrency wallets connected through the TON Connect SDK
(3) Do not promote cryptocurrency wallets unless such wallets are based on the TON blockchain, use TON Connect exclusively to interact with applications, and mainly provide services related to TON Blockchain-related services
If third-party wallets cannot be redirected, it is possible that the existing TG applet ecosystem will lose users
However, TON Connect also says that existing wallets can be compatible, but it is impossible to link to other chains, such as Solana, Base or BNB Chain
However, this move is really a case of the butt determining the head. TON holders undoubtedly think it is a big positive. The current price of the currency has also dropped by $5. Since then, Telegram has really become TON's backyard
But for other chains, the efforts made in the past six months can basically be said to have been wasted
Even applications for multi-chain scenarios around the Telegram applet have to be sent, and the business logic has collapsed directly
Ton and Telegram will make this move, and it is probably related to Trump's coming to power. We can even use this to make associations: Did Ton and the United States reach some py deal?
$ETH New Rollup concepts may be landing again, from Rollup, OP Rollup, ZK Rollup, Based Rollup, various schemes continue to surround the distorted development of the Ethereum ecosystem. Actually, I would prefer to see more high-performance L1s in the market rather than more demands that target the existing flaws of Ethereum and grandly discuss the narrative of Rollup reform. More than half a year ago, the launch of Manta made me think about the importance of differentiating L2 (Rollup) in the market. A few days ago, when writing about Solana L2 (SVM Rollup), I was reminded: perhaps everyone wants to be different, but looking back, everyone is trying to be different in pursuit of uniqueness, which is quite uninteresting.
The day before yesterday, the "Binance Shenzhen Branch" had an offline dinner. During the meal, the atmosphere of on-chain PVP was full. I recommended it to @币毒
Someone asked me to introduce it briefly. I just said one sentence: After using UniversalX, you only need to pay attention to hot spots in the future, and you don't need to consider which chain to use
What about hooking this chain or that chain? The on-chain rapid response force never fights a prepared battle. With UniversalX, you can just "use you and me" on the chain
Before UX, I started calling from V1 version, and now V2 supports more abundant on-chain transaction scenarios
3 high-value-for-money targets that are worthy of your attention!
The secondary market is being sucked dry by $TRUMP , and "bloody high-quality chips" are everywhere I don’t understand PVP, so I have only one requirement for the cottage I recommend: I can sleep peacefully after buying it. I will share 3 secondary targets that I think meet this condition. This article arranges the stocks according to their market capitalization from largest to smallest, with the highest market capitalization not exceeding 60 million. They are $LISTA $ICE $DBR I will expand on some of the logic below 👇🏻
1. Lista DAO @lista_dao As the leading LSD ecological protocol on the BNB Chain, its current market capitalization is approaching 40 million. In my opinion, the current price is ridiculously cost-effective. You can see dozens of points of room for growth by just looking at it.
TGE is a watershed event for a project, as well as a mirror for the market
(1) Some projects operate quite well, but lack a community (2) Some projects look to be operating well and have an active community before TGE (3) Very few projects have a community but their operation is lacking
Last year, I listed several S-level projects ➠ Polymarket and Pumpfun seem to be the first case ➠ Particle, BearChain, Story, and Babylon appear to be the second case ➠ Pi is clearly the third case
(Polymarket, Pumpfun, and Particle still have a certain level of product strength)
However, after the TGE of these "S-level projects", how much of the community will remain? It is uncertain, but it can be confirmed that it is highly likely not to be larger or better than it is now
A typical example might be Layerzero; during TGE, community-driven promotions could often be seen, but such voices are now rare
After the token issuance, with the expectations for airdrops being fulfilled, only the community in this stage can be considered a true community, which has two cores (1) Early strong consensus (2) Secondary financial consensus
It also reflects two points (1) The community recognizes the long-term value of the narrative itself (2) Whether the narrative presented externally has sustained appeal in the market
This also explains the reasons many projects undergo brand rebranding and strategic upgrades
In the past week, the amount of funds flowing into Solana from other chains through deBridge was 110 million! And the funds flowing from Ethereum to Solana alone were nearly 100 million, accounting for 90%! It is three times the usual amount!
Especially thanks to the popularity of $TRUMP yesterday, Solana siphoned funds from all parties, whether it was centralized exchanges or other chains, it seemed that all liquidity gathering places became [Solana Layer 2]
Fortunately, exchanges can still retain liquidity and increase volume by listing spot
Only yesterday, the daily transaction amount of deBridge was close to 150 million. This was clearly a goal set at the beginning of the year, but it was achieved so quickly because of Trump
According to the ranking on defillama, the current daily transaction volume of deBridge ranks among the top four of all cross-chain bridges
The adoption rate is constantly increasing, but the token price is falling. I think it is still undervalued at present. The market ignores the actual income and value it generates. I will expand more views tomorrow
By the way, yesterday BNB The amount of funds flowing into Solana from Chain and the number of people adopting deBridge are also surging
➠I urgently need to go to the gym to exercise and release my emotions, so I won’t make a picture
As the most active bridge on Solana and a project I have been paying attention to for a long time, a [Content Creator Program] was announced the day before yesterday
It is recommended that friends with certain content creation capabilities can apply. By creating deBridge-related content in any form, you can get a grant
1. I think some people have become a little perverted in their view of Ethereum. I saw a comment this morning: "Do you fud Ethereum people know what Web3's only decentralized application system means?"
I can't hold it in, I can't hold it in at all. Then V's abstract remarks also triggered widespread discussion, which made it even harder to hold it in. I really want to go back and ask that brother if he knows what V meant
2. Looking back on the second half of 2024, because of the Ethereum holdings, the most criticized thing in private when going out for gatherings was the Ethereum holdings: I was angry at their lack of struggle
3. In recent weeks, I have seen more and more tweets in the Chinese area talking about deBridge. I think I am still playing a driving role in it. I was chatting with a friend yesterday and talked about the most important characteristic of Web3 projects: vitality.
Vitality is too important for a project. deBridge is such a team. If you only understand it as a single cross-chain bridge, it is still a bit shallow.
As the earliest cross-chain protocol to support Sonic, thanks to Sonic's completion of TGE this week, Sonic's cross-chain growth can be seen from the deBridge panel. It is still obvious.
4. The progress announced by deBridge last week is to entrust the foundation's funds to Coinbase Prime, a solution provided by Coinbase. This solution adopts offline storage for fund custody.
Today: Losing items + being trapped by chasing high imitations + Meme returning to zero + significant drawdown in spot positions
And this might just be because there is no Trump Meme $TRUMP position
I could still post some jokes at noon, but now I really can't laugh
Questioning life 💔
Eric SJ
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I have been playing outside these days. I just got off the plane not long ago. I saw that the cost price of $WAGMEME I bought before boarding the plane has retreated by 40 points😂
I went to the airport this morning and checked the Twitter and found it was quite hot. They were all American localized Memes. I thought I could take on the popularity of Trump Meme
I even used the Arbitrum channel to withdraw coins from the exchange to the chain, and then directly bought WAGMEME with Arbitrum's USDT on UniversalX (the on-chain non-custodial application mentioned earlier)
Although the results are not very good now, when buying, the responsiveness shown by UniversalX [universal liquidity] can really compress some opportunity costs at some similar on-chain moments
(For example, if your funds are on Base)
In addition, there is still some market attention on WAGMEME now. Maybe many people, like me, missed Trump and used WAGMEME as a substitute (I, who don’t play on the chain, rushed in)
But at this time, if a celebrity coin comes out with popularity, WAGMEME may really be sent, and the trend is too bad
I have been playing outside these days. I just got off the plane not long ago. I saw that the cost price of $WAGMEME I bought before boarding the plane has retreated by 40 points😂
I went to the airport this morning and checked the Twitter and found it was quite hot. They were all American localized Memes. I thought I could take on the popularity of Trump Meme
I even used the Arbitrum channel to withdraw coins from the exchange to the chain, and then directly bought WAGMEME with Arbitrum's USDT on UniversalX (the on-chain non-custodial application mentioned earlier)
Although the results are not very good now, when buying, the responsiveness shown by UniversalX [universal liquidity] can really compress some opportunity costs at some similar on-chain moments
(For example, if your funds are on Base)
In addition, there is still some market attention on WAGMEME now. Maybe many people, like me, missed Trump and used WAGMEME as a substitute (I, who don’t play on the chain, rushed in)
But at this time, if a celebrity coin comes out with popularity, WAGMEME may really be sent, and the trend is too bad
On one hand, $SOLV went online with a grand entrance, drums beating and all sorts of fundamentals looking good, but unexpectedly started below 0.2
With a circulating market value starting at one hundred million, many believed it was undervalued, and I actually thought it was undervalued too, but I was playing outside and didn’t invest
On the other hand, Trump posted a Meme $TRUMP, and the most meme-worthy person shared a meme, currently with a circulating market value of nearly four billion
I noticed it very early, but still playing outside and didn’t invest 🥺
This is truly a grand spectacle, firecrackers dancing, and it feels like everyone around me is making money except for me
Originally, the secondary and on-chain markets were relatively disconnected, but because of Trump's meme, the market attention has been focused together
Friends who are in the secondary market must be quite skeptical about life
Plus, I only withdrew a few thousand dollars from the on-chain to the exchange last night, preparing to continue dollar-cost averaging into altcoins (the future is promising)
Unexpectedly, such a thing happened today; my own failure is certainly frightening, but my friends' success is truly distressing, completely breaking my defenses! 🥺#TRUMP市值突破 #SOLV开盘
Currently, Jupiter's new round of airdrops has opened address check
A single address can receive up to 20,000 $JUP , currently worth $16,000
The ecological airdrop season on Solana is ongoing, not only Jupiter, but also Wormhole and deBridge airdrops are ongoing
debridge and JUP have a deep cooperative relationship. Addresses that have used deBridge can also check JUP reward qualifications
And deBridge is also embedded in Jupiter. When interacting, you can also get $DBR airdrops by using the bridge cross-chain to select debridge
Don't forget to check this
A friend in the community has not been involved in the Solana ecosystem for a long time, and has already received airdrops from several top protocols in the sector, as well as several meme airdrops
Liquidity is concentrated on Solana, not just one person's opinion, and the on-chain ecosystem is also capable of giving out shares👀
Visit the airdrop query page and link to the SOL address jupuary.jup.ag