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What's Trending on BNB Chain
Recorded: April 11, 2025 Duration: 1:57:36Space Recording
Short Summary
In a recent discussion, BNB Chain community members explored key trends and growth opportunities, including the RORAN hard fork, strategic partnerships, and the importance of community engagement. The conversation highlighted the need for clearer guidelines on liquidity incentives and the potential for innovative projects to thrive on the platform.
Full Transcription
Thank you. Hi there! Let's wait for a few minutes. I'm waiting for people to come over.
Only for a while. Listen to Justin Bieber. Thank you! so All right, we can get started right now.
Hi, everyone.
I'm your news host for today.
My name is Ken.
Thank you so much for joining us on the weekly series while training on BNB Chan. Thank you so much for joining us on the weekly series, What is Training on BNBchan?
Thank you so much for coming.
So, alright, let me try to accept the request to be guests.
So this is an open mind discussion.
We are going to discuss what is currently trending
on BNBChamp for this week and I will explain what activities do we have and so on and so on.
Feel free to raise your hand. I'm going to accept you as a speaker and so you guys,
so we can talk together. All right, it's a free discussion. Everybody has a chance to talk.
It's going to last for one hour. We welcome all of your suggestions and all of your suggestions
and advice to BNB Chen. Thank you so much. All right. All right, let's start. I would like to
brief everyone about what is training on BNB transfer.
So the process will be, I will talk about what is the key updates that we have,
and we will proceed with a community discussion.
All right, so, sorry about it.
So the most important update we have for this week is the RORAN hard fork.
So we have completed testnet hard fork.
The key benefit being it brings faster transaction confirmation.
At the same time, it brings more responsive DApps and overall improve the user experience.
And it results in the OPBMB running at 0.5 second block time
and BSC live with 1.5 second block time.
I think we posted it before.
And just a reminder for all the developer update,
you need to update the notes to ensure
that there aren't any issue.
This is a hard requirement and this is not
optional. And the next thing I'm going to talk about is the 100 million liquidity incentive that
we have. I just want to inform the community that we have finished the batch one reward
distribution. We have added all the liquidity to Kilo X, Mubarak, Bercoli714, TutorialToken, and Banana4Scale.
And we have just a now batch two winner.
Unfortunately, only one winner meets the requirement, which is Pump.
And another three project doesn't meet the requirement.
And following by stablecoins,
we continue running for a guest-free event.
It is extended until June 30.
So anyone who trades USDT at the USD and USDC on BME chains
via our partner will be able to enjoy a guest-free event.
And I would love to mention the USD1 stablecoin
issued by World Liberty Finance.
It just launched on BNB chain on March 24
and its current supply surpassed 100 million.
All right, here's the next important things.
We just had a very busy weekend at Hong Kong. I'm not too sure if anyone is aware of it. So we do have our MVB and a super meetup Hong Kong drop in happen over the weekend to be exact on Sunday. So on our MVB, we invited CZ and Vitalik to do a fireside chat style Q&A with our MVB
founders and with our media and VC's partner as well. Let me just summarize what is actually
being discussed in the MVB. CZ and Vitalik spoke about what is next for Web3.
At the same time, they highlight their shared excitement around verticals such as AI.
And they do also emphasize a need for sustainable, long-term innovation
and discuss the importance of building public goods and decentralized infra.
And they also share thoughts around how crypto and AI could improve society.
CZ is actually quite bullish on how applying AI to trading
could create the next generation of user interface for trading.
He even gave an example of how ChatGPT style natural language execution
could be combined with on-chain architecture
to provide a more intuitive and more efficient trading experience.
On the other side, Vitalik actually focused on, he talked a lot about the DAO governance simulations could enhance coordination in decentralized
organizations, at the same time preventing issues typically faced in DAO-style governance
model this day.
Alright, here's the exciting one.
So CZ, in MVB interview, he talked about donating $10 million to support Vitalik open-source vaccine initiative,
showcasing the potential of blockchain to drive overall global impact.
And on MVB in Hong Kong, we are very privileged to have Yip,
the co-founder of Binance, share about her experiences on building a team
and building a culture,
sharing reflection from her journey of scaling out Binance.
And she also spoke about the importance of leadership
and how to actually build high-performance teams.
Here come the next, the super meetup.
I'm not too sure if anyone knows about it,
but I'm pretty sure that the the photo with
is all all around the internet uh the super meetup we have invited cc to uh to do a fireside chat as
well and surprisingly uh the founder of tron's justin sam actually came They both sat together and discussed on general how they think the market will have to.
All right.
So we have...
I do not want to...
I don't actually want to expand on this
because we do have a full live stream available
on BNB Chain official Twitter.
For anyone who is interested,
feel free to just check the live stream right from the spot.
You can search, it happened on April 6th, you can just refer to the live stream.
Alright, last, so for Binance Wallet, you can see that there are two tokens being launched on Binance Wallet IDO.
And it's both BSC project and the first one is they just launched yesterday.
It's MyNetwork.
And the second one will be Sticks Don.
All right, here's another recap
for what is trending on BME chain.
Just a short recap.
So I'm going to invite all of you
to do a community discussion.
Feel free to speak out what do you think that,
what could be improved,
what are you currently looking at on BNB chain?
I'm going to accept people,
and if you want to speak about it,
please just raise your hand or just open your mind, it's fine.
Thank you so much.
There's like 200 people here i just want to say we should all buy on 4.meme it's the best coin ever it's not it's finance Sorry about it. All right. Let's let.
I think this is a general community discussion hosted by BNB Chan.
Let's not share project.
Let's just talk about what do you observe on BNB Chan.
I do have a question to ask all of you guys.
How do you feel about the $100 million incentive program?
Do you think that it's effective?
Do you think that it can still be improved?
I just want to have your guys' opinion.
So money is basically irrelevant.
I mean, $100 million is actually great, but I don't understand,
or even like I don't think a lot of people understand
how you can actually
have an access to the 100 million. Things have not been dumbed down for people because a lot of
I believe the devs are kind of confused okay and even the community don't understand 100 million
number sounds very nice but what are the metrics to actually get that? Secondly I personally believe
that you know whatever like what trends on BNB chain
is something which gets the blessings of CZ or Yi currently, you know, if they interact with any
XYZ token, you know, that actually makes statements, everything else just dies off.
I believe you guys should have some sort of like, you know, clarity or rules that, okay,
or set standards, achieve achieve this and you will unlock
engagements by the bnb chain itself like i feel like you guys were more open before engaging with
projects but then later you know when things starts moving a lot of people start putting pressure
bnb chain usually either delete the tweet or just avoid interacting with the communities because i
believe in the end of the day, all these people need validation.
After that, they need 100 million.
Because if they get acknowledged that you are putting effort,
because some majority of the people, they come,
they mint a token on BNB chain,
they form a community around it,
and they're just making noise, you know?
Noise, noise, noise.
But when they see no response from anywhere,
they just silently
walk away. And those kind of tokens die and then they're replaced by the other ones.
So I believe the engagement, I mean, this is attention economy. If you guys set enough
good standards where people can manage to get attention of BNB chain, Binance, CZ, G,
all the relevant people, I guess that'll be a great start
and then with that hundred million i mean yeah like a lot of projects that the uh they won't be
able to afford what you what you say um the listings maybe that money can be used but if
they get acknowledged by you guys then i've seen in 2021 people used to like fund the community
wallets and they used to
pay for the listing fees then provide liquidity and a lot of other stuff so i believe 100 million
oh it's a good good initiative but it should be dumbed down so that people can understand how to
get it okay and uh the second thing is the attention from you guys because that's what
gets everything rolling big time.
Test became test after CZ posted about it three to four times.
Mubarak became Mubarak after CZ interacted with that thing a couple of times.
And other than that, there are tokens which are building, but they're not getting enough hype.
They're not getting enough community.
So these are a little bit of my concerns.
Other than that, I think all good. I think BNB have solid BNB chain have solid chance of actually doing good.
Because like I always say in my Twitter spaces that right now, I mean,
the most liquid people are the ones you should be following. One is CZ, one is Binance,
the most liquid exchange at the moment, you know, so that money, wherever that they choose to
support that meta going to be like the next
uh 100x or thousand x or something because liquidity is always the one which drives the
meta so yeah that's it thank you so much we're completely agree with what you say so the first
one uh you believe that a lot of people are not aware of like, how are we going to send out 100 million liquidity program, right?
I just pinned the post.
So let me just do a very brief introduction of this program.
So we actually encourage projects to be listed on specific centralized exchange to get more liquidity.
centralized exchange sex to get more liquidity so it's mean that when you are listed on top 10
top 10 of coin market cap appointed exchange central exchange you're able to get like
to get the reward by tier so let's say if you are listed on MEXC you're going to get 50,000
liquidity liquidity incentive from us and if you're listing on binance let's say
the top tier is binance and on coinbase all starts you're going to get uh more than uh 500k if i'm
not wrong it's 500k of liquidity provided uh yep so this is the the initial program is about so
to the second point boo i would like to like to, we can discuss pretty freely.
So you mentioned that CZNE has stopped interacting with the community.
How do we actually, why do you think that we can find balance in it?
Because sometimes you reply to the wrong person, it might cost like a price pump and dump.
And how do we actually can find balance in it?
I just want to talk.
I just want to know your opinion on it.
You can never find a balance in that.
You know what you should be looking for.
For example, yesterday, CZ interacted with this Jelly Jelly and RomCon people.
Okay.
Now, the thing is, he didn't talk about,
okay, your token is great.
But what he really liked is their effort
where they actually put the banners in Times Square,
like those LED screens and stuff.
And he just appreciated that.
That is actually a good move.
And of course, when people are going to see
that CZ is interacting with something,
it's going to do a little pump and dump.
That's totally fine.
But then what they do is after that,
they try to get,
they will definitely try to get more and more screens
outdoor marketing and stuff, you know?
So that is like, you know, appreciating that.
Pump and dump will always be there.
You know, you cannot avoid that.
This is what it is.
I mean, people, emotions,
they get triggered when CZ, you guys,
when they interact with that. So it's a good thing. Sometimes you don't have to even write
something. You have to just clap. And you can never set standards. Okay, who is a scammer?
Who is not? Because we all are anonymous here. Like, look at me. I'm a bull B&B. I mean,
there's like wanksy or they're like
some other guys in the end of the day we are here for the greater good and that is to make bnb chain
great again you know and if somebody's putting effort enough effort to get attention by you guys
i think that should be acknowledged you know and uh this is it like do i agree with you because not an offense
because I just
we have received a lot of criticism
on BNB chain
is too focused
on CZ and E
and that's become a problem because if you want
a healthy meme coin
let's just talk about meme coin
if you want a healthy environment for meme coin
it cannot be always centered around certain people.
It should be more.
It should be centered around political figures.
We can center around media.
We can center around art.
And a lot of criticism coming that is to focus on these two persons.
So that's why i think that these two
people actually give validation to the community see people have been rugged so many times over
solana okay they came here for some sort of a change some sort of validation i mean he interacted
with test okay big test became test because of him all right and then like i said mubarak he
retweeted that you know it became It became something big because he interacted with that.
Same with tutorial and all that stuff.
So a token, when it gets interaction from these people, it becomes relevant.
And for the initial stages, it has to be this way.
be this way. Once people will get matured enough, once people will understand, okay,
Once people will get matured enough, once people will understand,
these are the things, these are the metrics where we have to follow all this in order to achieve
all that, okay? Then it's a win-win situation, I believe. Don't you think? Because let's say even
if it's a meme coin, people either wait for Elon Musk to talk about it. People either wait for all
these other people. On BNB chain, initially, I guess it has to be these guys, because this is the way. If he wanted to keep it neutral,
I mean, he should have never interacted with test to begin with, right? But then, you know,
you have to start the fire somewhere. And that's how it happened. I mean, this is what I think
Justin Sun did with Sundog, when he openly started saying okay i'll be supporting it he actually
market bought that token you know a couple of times and it went crazy you know because in order to
start the revolution you know some things has to be done it can't be that organic you know
true uh when you try to do, there are always different words coming from different people.
So I think it is very important to find a balance in it.
You always face objection, right?
And for BNB Chan, even I'm just wondering how do our community build BNB Chan?
And I know that the market has died out a bit this day, right?
So it's going down and i i saw
the community members saying that all right there are not much uh memes token being uh
being successfully come up from four memes and i just want to ask you guys like how do you guys
think of it because the four mean way why i personally think the people are not getting
along with a lot of 4Meme launches,
because 4Meme is what?
It's a direct fork of PumFund, you know, and PumFund, we have seen what happened over there.
Now people either need a new way of launching a token, you know, because all these tools,
they destroy everything, even teams, you know.
If a proper team want to launch a token, you know, of course, they need to run operations.
They need to control the supply.
But all these bubble map tools and everything, they show that, okay, 80% supply is controlled.
That's it.
People don't show any interest in there, you know?
So people are looking for a new way of, a new method of launching.
Or, I mean, reinvent something which already exists.
I mean, a lot of times I talk about pre-sales and stuff.
CZ mentioned a couple of times those tokenomics,
but you cannot hardcore build that in four memes.
I believe we are too focused on four meme type of launches.
We need to go towards the pre-sales and stuff.
We should go for the AI method of launching the tokens.
Today I was reading about Centi, I guess.
Yeah, that's good.
That is good too so i believe um empowering all
the other um platforms of all the other methods of launching will be a pretty good move as well
you know and um the thing is let's say meme coins why people focus on meme coins and meme
guns because they're easy to understand you know they don't have to spend a lot of time and energy
to understand the whole concept of how it works.
You know, all they need is a name and a picture and hardcore shilling.
And if supported by all the big boys, okay, good to go.
That's next 100 million.
This is what they expect.
And on the other hand, if a project is like, you know, they are building a product, you know, majority of the times builders actually don't have enough skills of communicating their thing, you know, or they don't get a lot of help, you know, in order to communicate their vision to people.
Because, you know what, KOLs, for example, their job is to actually bring people on the same plane where the developer is thinking, you know, so they hold till that vision is achieved.
I guess the communication gap is there. I mean, these kind of spaces which we are having right now
should be happening more often where we can come,
talk about our problems,
talk about the projects which are actually building
because majority of the builders, they lack communities.
And meme coins, they get the communities,
but they don't have anything to build around.
So these are the few problems which we are having. And of course, if we talk consistently about it, this will be completely
out of the picture and we'll have great days ahead. Well, and I would add to that because what
I've seen is, I mean, that's absolutely right where you have the memes pump, of course, because
they're excellent at building the communities around them. And then you have development people that are very development minded.
So they're not really on the marketing side. So it's like you want both. And the mix is like the
holy grail project. Right. So for Binance, I mean, I just hope they encourage projects that are
actually trying to build something on top of that mean project because
you could do it but you know a lot of a lot of them you know they'll say they're building something
and it's like well what what are we building and nobody knows it's like well how is it going to go
up then because we already died out so you can't just build hype out of nothing especially to the
ones that like have already received all the exposure that they can receive. So it's just important to like,
I think to encourage that and then also open it up to like,
I'm in the U S so I would love for a Binance square to open up to the U S.
All right. I just want to clarify,
BNB chain and Binance is two separate entities. We are not from the same company. I just want to reiterate on that. And yeah, thank you so much for the feedback. Let me just invite more people. I would love to talk about, anyone, if you want to share your thoughts on it, feel free.
Yeah, no.
Yeah, go first.
Hey, how's it going thanks for thanks for
hosting this space appreciate it no worries how are you doing good good good no you know i actually
you know it's it's interesting hearing these different opinions on on like you know what
what is what is right for the bmb chain and you know i come from a little bit of a different
perspective because i'm i'm part of the cto team at Captain B&B. And, you know, I also come
from the meme space. I've been part of teams of some meme coins have gone to, you know, billion
dollar market caps and stuff. So I've actually had that journey of what it takes for a meme coin to
really, really, you know, take off to crazy heights. And I actually think that, you know,
there needs to be, in my opinion, a stronger precedence set on genuine social metrics.
And when I say that, that when we're talking about these contests and stuff, you know, I haven't seen one of the liquidity contests that that focus on like basically where they have someone that goes in and really kind of gauges the social metrics of these projects. Because
here's the thing, with meme coins, unless they're building some type of utility or flywheel,
the only thing that will give them sustainability is their community in the long term, right? And
I'm the type of person that holds coins for many, many months, even years. So I don't judge the market cap
as much as I judge the scope
on where the project can go, right?
Because meme coins we all know
are like the most volatile assets
in all the crypto, right?
One minute it can be up 300%,
the next minute it can be down 80%.
And it doesn't take much
except for a few things
and they're very momentum driven.
So what I would like to see from the B&B when we do these kind of programs and stuff, which I think are, don't get me wrong, I think these programs are great.
I think it's amazing.
I think it's a really good way to onboard projects to get people interested in the B&B chain ecosystem and give these incentives.
give these incentives. But I think if there is going to be more programs like this moving forward,
I think there needs to be like a representative that makes a criteria that judges the merit of
the community and the socials, because that will make you be able to filter out which projects are
really having growth and are really building community the right way because a lot of metrics can be faked um when when it comes to stuff like volume and blah blah blah
and all that kind of stuff even market cap someone can just go and pump a coin but one of the things
the hardest things to to fake or to do is to create a genuine uh community that has uh a lot a lot of people like the the people are the lifeblood
of any blockchain right so i think that that's definitely something that um could be added to a
criteria or some somewhere where they you know they really pay a lot of attention to and you know
i think bull b&b put up a lot of good points, but you know, our, I actually kind of have a different, um,
opinion when it comes to the engagements. And, and this is my opinion, uh, is I don't want to,
like me as an investor on a project, I would never invest in a project if it's, if it's, um,
if the project's fate relied on one person interacting with my coin or one person giving me a nod or responding to me,
that's not a project I would want to be in, right?
And that's when it comes back to the merit of the project.
And look, meme coins really have only been popping off on BNB chain
for, what, two months maybe? Two and a half months?
These things take time.
And what I really liked what Bull BNB said is the meme coin or the token generation space on b&b chain this cycle it
needs to mature right so what i think we're going to get to is a point where when these projects do
start taking off however long that takes and and they really kind of get their legs under them
what we're going to see is people aren't going to worry about those engagements as much. And those engagements are not going to be the end all be all to the project.
And we've even seen it when there is an engagement, what it does is it causes a big
influx, but those aren't the right type of holders that are going to stick around. They'll just get
rid of the tokens as soon as there's that big liquidity inflow. So I really think, getting
back to my original point, the number one thing that we're focusing on, and I think that B&B chain
should look at is genuinely, and maybe you would need somebody to go in there and really kind of
dig in to see how genuine these communities are. And then you can really kind of understand the
merit of what they're building. That to me, that would be a criteria that I haven't really seen,
looked at as much. And I think that's something that could um really give a lot
of data and help out you know in the long term um by the way i'm adam i'm part of the brockley
a big fan of the captain bb guys as well um i led strat for decentraland so similar to coco i've witnessed
and watched tokens go from you know millions to billions with decentraland i led the strat to
350 mil to 6.5 billion and then zuckerberg mentioned meta and it went to 10 billion
and i think from my perspective and you know it's important to recognize how tokens can get to that value and that market cap.
And the reality of it is, it's very simple.
It needs tier one exchange support.
And currently with BNB chain and BEP20 tokens, Coinbase and Kraken both don't support BEP20 tokens.
and Kraken both don't support BEP20 tokens.
And I think as part of the community
and what we see here at Broccoli F3B
is that we're, our building in inverted commas
is breaking down those barriers
to allow a gateway of all these other tokens
to be able to be supported from BNB chain.
Because if we don't have that mission
of being able to achieve tier one listings
across the board for
the potential of hundreds of millions to billions in market cap treasuries for those utility
tokenomics and projects the best teams the best projects the best communities won't be able to
come across and i think what you're doing in round three is very evident that you're wanting to
incentivize permanent liquidity for different types of exchanges.
But no one still to this day outside of us here at Broccoli F3B have recognized the fact that the incentives to be able to get listed on Coinbase and Kraken are currently not achievable.
And it needs an undeniable token to be able to do that.
And, you know, like I think hats off to you guys
at B&B Chain for trying all these different things.
There's plenty of lessons.
I think there's plenty of learnings.
But ultimately here, it's all about being able
to get as much reach to the amount of users
that currently have crypto wallets that want
to support projects that they're intrigued with.
And I think that that there is the key for success,
for being able to bring in the right teams,
the right communities and the right builders.
Thank you so much, Adam.
So what do you think about this 100 million liquidity support?
Do you think that it can be improved in some way?
Do you guys think that maybe we can change some of
the metric because since you say that uh for kraken kraken doesn't support bb20 right correct
so i either work with kraken like jesse max listing uh team there to be able to um offer an on-ramp
that makes it accessible and easy for other projects that are BB20 tokens.
I know that obviously Coinbase has its challenges,
but I still think that there's lots that's happening in the market.
And it really does take an undeniable token to be able to break down those boundaries.
So if you cast your mind back for those that were here in 2021,
For those that were here in 2021, you know, SHIB did this with Ethereum and ERC20 tokens, where they were listed across Coinbase that then opened up the pathway for any culture token, any project with some form of utility outside of the top five tokens to be able to be supported in Coinbase.
supported in coinbase the same happened with crack and the same happened with okx um and i think that
The same happened with Kraken, the same happened with OKS.
power is what then incentivizes great communities to get together to be able to build amazing
projects to be able to bring in the right team members and incentivize them further um but you
know ultimately here like it's great that there's this fund i think it's just really challenging
when you've got different types of projects that don't always allow those tokenomics,
where they've got ecosystem pool, there might be a liquidity pool as part of their portion of the allocation that they've got,
to be able to then give those exchanges to be able to then get listed.
exchanges to be able to then get listed um it's very rare to be able to get listed without a fee
and i think it needs to be an undeniable token to be able to do that um hence why we're what
we're doing at properly f3b but ultimately here that on ramp will give more access how you do
that and how you look at it i think that there's great projects that could do with great funds
which they can do a lot
with marketing with, that may not need the permanent liquidity right now.
But that funding to be able to help a CTO team to continue to push forward with great
initiatives and great experiences can always then help create enough demand to make them
undeniable that then allows them to get listed.
I agree with you, Adam.
And to be very honest, we are currently thinking of maybe we can have a more diverse way
to actually send out this reward.
Bu just said that it is hard to send all this reward outright.
But to be very honest, we are really preparing to send 100 million
to the market to the project they are generating they are genuinely buildings on bmv chain so
do you have a a good suggestion on how we can actually uh uh or how how can we like like perform
perform this action how can we like make this event better in some way?
For my opinion, I also believe that you guys should focus on
bringing some new tools of launching, like expert mode.
For meme, you could say light mode.
Any idiot can simply just launch a token and then go ahead.
Okay, that's good.
Let them play over there as well.
There should be an expert mortis and people can actually like play with the tax system or so like you know increase
or decrease and stuff like that and you know back in the day we used to have such people and before
that we used to get like the certic uh audit of the smart contract and stuff. Back in the day in 2021, things used to pop a lot because
the entry to launch a token was a bit hard. Not every person has the ability to actually come
and launch the token. These days, it's plug and play kind of a thing. So if you want a portion
of your liquidity should go to experts who are actually launching um mechanics in order for some sort of a token
like you know five percent tax ten percent tax it used to be there okay so that that kind of like
expert mode i would say that will definitely help some sort of uh builders to come build uh on chain on-chain. For my opinion, it doesn't matter how much liquidity
BAB Chain offers for this project
because by the end of the day,
most important is to focus
to build the communities
and find a way to offer that liquidity
and lock that liquidity for one year at least.
Because right now it's wild west, if you see on MIMS coin,
and I think it's not good for BNB ecosystem to grow like that.
And mostly the builders who build that kind of project like MIMS or other projects on BNB ecosystem,
I think should focus for the first month to can buy only for $10 to not have wealth.
Because if they have wealth, a big wealth on that that project by the end of the day that project
will die and the community will leave that's my opinion should find a way to grow a bnb chain
ecosystem healthy than before because right now it's a wild west on mives coin thank you
Yeah, let's focus on building a product with real UK on WebTree.
I think that is also super important.
All right.
I have one question for Coco.
Coco, you mentioned the community is everything.
So you mentioned that we should take community metric.
Is it Coco or Ian say that?
Yeah, that was me.
I would like to have your advice on how do you actually have a standard to evaluate that.
That is very important.
I think one of the best things that you could do as B&B chain is you could take...
There's a couple of different ways.
First of all, you need somebody from the chain.
That's literally all they do is sit there and pay attention to the communities and,
and engage, which ones are real.
The next, and that, that would be like a representative from the BNB chain.
So you can like verify the information.
Number two would be, I would, I would like run spaces where you highlight just the general,
I would like run spaces where you highlight just the general,
general project,
just them and let them really have a platform and talk,
talk about their project and let their people come up.
And,
and it would basically be not like five of the same projects in one you,
you,
you first you go and you do some due diligence on who really is showing,
like they have a lot of life in their community and then you highlight them.
And then you could even tailor things where there was there was somebody that would basically
look at that community and say okay wow these guys are showing a lot of strength they're active
every single day they're rating like crazy their people are uh doing unique posts um you can even
search you know on twitter and see how much their people are talking about it you go inside their
telegram community you check out how lively that Telegram is.
Obviously, you look at the holder count
to make sure that the holders are genuine as well.
And you take all of those metrics together
and you say, okay, well, okay,
these guys look like they have something
and they look like they're a community
that's not just going to leave
when there's a 50, 60% retrace.
And then you basically, you have a basket of those
coins because at the end of the day 80 of the coins that are launched on four meme are just
going to die they're never going to make it but there is good ones like the and it's it's pretty
easy to find out which the ones the good ones are and those ones that show their merit they need to
be able to have a bigger platform right they don't need to be bundled in with the scams and the rug pulls.
They need to be separated and acknowledged as a whole.
And the only way you can do that is by having people from your side really dig in and really pay attention to how much.
And the market cap really isn't the biggest thing.
the biggest thing because i've been a part of projects that have gone to 100 million gone back
down to like 5 million and then shot all the way back up to like crazy heights right with with
meme coins the market cap is not the determining factor the determining factor is if the the
community is growing when the market cap's going down because what that shows is that shows conviction. And that's what that's.
Oh, I think your mic cut out.
Yeah.
So that's the only thing.
So that's the only thing that's going to give these meme coins sustainability is communities that don't give a damn about the price
because every single meme coin is going to have a highly volatile market cap.
It's just what happens.
Market caps are transient.
They come and go, they go up, they go down, depending on the price of BNB. Then, you know, everything can pump and
everything will go down. But what I'm saying is I think someone from the BNB chain side
should be looking at these guys that are putting in the work every single day and then, and being
in closer contact with them so that you can give them a bigger platform. And then they won't
always want the validation from CZ. They'll feel more like a family, that they're not just like
stuck on an island. And then they'll be appreciated for their hard work because these projects, man,
there's some projects on B&B Chain that are grinding and working every day, doing things,
trying to do this and massive amounts of and, and massive amounts of people,
you need to weaponize those communities. Those communities need to be weaponized by the BNP
chain because that's going to perpetuate everything. So I would say, um, that's number
one thing that I think there needs to be a focus on the genuine communities that show merit. And
I think that it just, it's a more hands-on approach because there's not that many of them,
but there is a handful of them
that if you really like worked with those guys,
you know, it could take the overall
meme coin ecosystem to the next level
and even just the token ecosystem.
So I think that that would be really, really good.
Yeah.
So, sorry, I hope I didn't rant too much right there,
but yeah, that's just...
No worries.
That's what I need to know as well.
Because I think your idea is great.
Having a few projects we generally listen to,
like go into their community and have a check on whether to see whether it's like true community,
you know, that there are a lot of fake ones, right?
On VME chain everywhere.
So I think that's great I think I
will give a feedback to the marketing team and we can handpick a few projects have a stage for
them to show themselves and not limited to one can be a few I think that that is a really great idea
yeah and they will love that too you know like that that will like even motivate the communities
to work even harder because they know that.
And then that's not always everyone is always asking for CZ, CZ or or someone that works at Binance.
Like then it's like, OK, guys, we're here's the BNB chain representative.
We think you guys are showing a lot of merit. We really like what you guys are doing.
You know, what do you guys need more? Like what what what would help you guys?
Oh, yeah. A space where you can talk about your project or talk about your updates and like stuff like that.
I've seen other, I've seen it really empower communities. So I think that, yeah, just basically
they're going to be the, the, the people that really push the chain forward is the everyday,
everyday person, because they have such devotion and dedication to their the project that
they believe in you know so that's i think that that's really one of the key factors is making
that strong connection between the communities and the bnb chain i'd like to uh touch base on
that as well too i 100 agree um yeah when it comes to bnb i i gotta say like we um we have
something that we did that we've you know built on we have no idea, like, how to put it out there.
There's not, like, BNB spaces.
I mean, I'll give a great example.
For instance, like, even with β so there's, like, a boxing match Aiden Ross is having and whatnot.
We paid for, like, product placement in it, which is on stake, and we have nowhere to, like, share it to.
it to like it's like an echo chamber on bmb currently um so yeah i mean if if someone from
Like, it's like an echo chamber on BNB currently.
bmb did something such like even similar to how like uh charles hoskinson was just hopping around
spaces would definitely mean a lot because it gives something that makes the community feel
like they're actually getting heard and it's not just a uh just a chain that's kind of gone silent
on them you know like people definitely need spaces to speak at um i appreciate a lot that
you guys actually open the space because this is the first time i've seen a bnb one since we
started doing something and like it's just been i don't know from personal experience with it for
the past couple of weeks as we've been building stuff along with um having like a coin launcher
in the works and a sport betting um a sport betting platform it's like just insane the lack of
uh spaces for bnB that we've found and
we've been searching every day for them.
I see.
So let me clarify.
So I'm not too sure how it was previously done because it's my first time hosting an
AMA on English Twitter account.
I usually handle the Chinese one.
Sorry about that.
So I'm not too sure like how it actually was done,
but I think we can have more West training,
like some sort of community space like this,
like exactly like this one.
I think this would be great.
We can let it's a free talk.
Everyone can talk about their opinion.
I'm also trying to get opinion from the community
because we do want
a lot of suggestion to make these 100 million to be spent in a better way. We don't want the money
to go into the ways as well. So yeah, that's the reason why we are having this space and feel free
to give any sort of suggestion. It's completely free. We will have this on a weekly weekly basis i think we can have this on every
friday at the same time so people can just come around and talk about like how do you think that
how do you how do you think about bmb chain what can be improved i think i will let uh ian you
have raised your hand for such a long time yeah no i was just going to say that the uh like if
No, I was just going to say that the, uh, like if for me or something, some kind of platform can have a verification, like a docs of the CTO, just like an option to do it.
I think that would be really great because if a project did that, um, it's.
That's the question I refer to.
Yeah.
Doxing the CTO.
So I say I'm the CTO of this project, just an option.
Right.
And then it builds up trust within my community because they know who I am
Like my LinkedIn and whatever
So they at least know who's kind of running the project. I think would be good
Make me more convicted about a project if I knew
I was I was CTOing it because if it's some guy some guy, it's like, I don't know who he is.
He could do anything.
He'll just likely,
he can't extract if he wants to.
But for my situation,
it's like, if I do that,
I'll just ruin my entire reputation.
I'm a full-time in this.
So it's like, I can't do that.
So if that was an option,
that's a really cool thing to have.
Yeah, sure. I'll take it as a feedback. All right. Let's give really cool thing to add. Thank you to you. I'm honored to be here. Yeah, sure.
I take it as a feedback.
All right.
Let's give the mic to Vang Zee.
Sorry.
Am I pronouncing it correctly, Vang Zee?
Hey, that'll do.
How's it going, everybody?
Thanks, you do.
Hey, good.
How about you?
Hey, I can't complain.
It's a beautiful day here.
And I just want to say I do appreciate you opening up these spaces.
I think it's good for everybody to just kind of come together, collaborate, brainstorm a little bit.
Because at the end of the day, like all of us on BNB Chain, we're all we're all on the same team.
Like we're all working together. I kind of view it as we need or at least we should want to take market share
away from the other chains that are leading in the meme coin sector. So I think like we just
need to be more collaborative and just more like unified and work together. So I love these
incentives you guys are doing. I think it's great for the overall ecosystem.
It kind of just depends on, like, what the incentive is and kind of leading towards, like, injecting liquidity into projects that have, like, guaranteed long-term potential.
So with this one, for instance, the incentivization is behind exchange listings.
When it comes to like utility projects, that makes more sense.
But with a good meme, majority of the best memes, I would say like 99% of them,
they're all community takeovers. Like they're all CTOs.
So these are people that come together. They all buy in themselves. So there's not necessarily like a team supply or any additional funds on hand. And the way to get exchange listings, especially when the market is slow, is you have to pay them large sums of money.
So these are people that come together.
They all buy in themselves.
best metric to incentivize people because it's really just it comes down to people just paying
for listings to get additional liquidity because I mean the liquidity the these exchanges are a
business too they function on volume and when the market is slow like this and volume is dried up
because everybody's just kind of waiting for a different direction of the market they just aren't
listing as much and as
often. So it's good that this is like an extended program that's going on for multiple months,
but like anything that's getting listed right now, it's people paying for it. So it's, it's just
kind of one of those like pay to play type deals. When I think the main focus should be on like real
organic communities, um, kind of like keying off what
Coco was saying, he made a bunch of great points. Um, and he's really experienced in this space.
So I definitely take note of what he says. I've gotten to know him over the past couple of months.
Um, but I really do think community is the biggest thing like CZ and Yi interacting with stuff
obviously pumps the price.
I don't think that's, like, their fault or anyone's fault.
I think it's, like, just a cultural thing on BNB.
I think people should look for actual quality memes rather than just buying what the people that they look up to are talking about.
Like, you don't see the Solana founders tweeting at any memes.
Like, the memes just grow
because they are quality memes. So I think it's more of a cultural thing than really anything else.
But at the end of the day, it comes down to communities. And the only way to really test
a community is if it has gone up. So the initial run up that test, the quality of the meme that
test potential.
But that first really big dip, because all memes are going to go up and then come right back down.
But the ones that survive on the dip, those are the ones to be looking for.
Because if something just shoots up, goes up forever, and then when it comes down, everybody calls it a scam.
They're like, this is not real.
They start throwing
shade everywhere you got to look for the ones that actually survive and kind of the the theory
and the thesis that mirad has coined um if anyone's familiar with him um meme coin jesus
he really kind of doubles in on that and he he's like, yeah, the coins, I'm not buying anything unless it's had at least one or two major retraces and survived, because that is the ultimate test, is a community that sticks around, has so much faith and conviction that they're still there when the price is down 90%.
So that's really the ultimate test, is the survival of the community.
And that's the only way that a coin is going to have real longevity is if the community is diamond handed and just highly convicted in that regard to where they're not going anywhere regardless of price.
So the price of the meme doesn't matter nearly as much as the strength of the community.
And like a lot of people know like you can fake
a lot of metrics like you can have 200,000 followers on a twitter account you can have
500,000 holders but that those aren't real people so it it does take like a genuine human to go in
and kind of do some of their own due diligence and reconnaissance on these various memes and their communities
to kind of tell which ones are real,
which one are genuine, which one are humans,
and not just go off like inflated fabricated numbers.
So, that's kind of my question, sorry for the rant.
I think that it's an overused term in many ways,
but it can go back to basics.
And the reality is that it starts with B&B chain
and the trust that it builds with the holders.
So I think it was Coco before that mentioned
that if you have holders that are happy,
that will continue to build that ecosystem
out of the support and belief
that they have within the ecosystem, right?
And we can be romantic about how meme tokens
on other chains have had lots of holders
and all the rest of it,
but that reality is very easy
because particular tokens
have hit multi-billion dollar market caps,
communities that engage with
those type of tokens are incentivized to hold and believe in them right and if we take it back to
basics like i said around communities and holders i think it starts with bmb chain and the trust that
you build with the community around it so voting systems systems, I've been through too many cycles,
and I'm sure a lot of other people are here as well,
that have realised that you can pay your way
to advance through things, right?
We know that's not a trusted system,
and it didn't work for round two of the voting, you know?
And I think in hindsight, Broccoli F3B,
if we just paid paid we would have been
listed but we didn't right and i think that that there is like a trust factor that impacts not only
the projects but their holders in every step of the way that we're building b&b chain you've got
to think about the people that are actually using it and i think at that point if you're building
trust you've got the right ethics
you can start and be different from other chains that don't do that um i'd love to be able to have
an offline conversation about this i think like coco you know great conversations i'm a big fan
of bmb um captain as well um the bmb chain broccoli f3b is always happy to discuss these things you've got an amazing cto team
that have years and years of experience across different projects including myself
um but you know like i think
uh sorry uh sorry fatima fatima sorry it has been a Sorry, Fatima. Fatima, sorry.
It has been a...
It's very noisy from your side.
Would you...
We can't hear you well.
All right, I'm just going to mute Fatima.
You know what?
Let me just...
I got to jump in a second.
I just want to leave with one thing,
and maybe you can talk to the team and everything.
I think what you guys should do is, is grab a handful of the, let's,
let's just say, I mean, however you want to do it, but the meme coins,
like, like how Adam was saying, grab like F3B, Captain BNB,
some of the good, really strong,
like ones that have already proven that like they're here to stay and they're
not going anywhere. They've got a little bit of time in market.
They've proven that they, you know,
they're here to basically push the BNB chain. And I think there should be a group
chat with those coins where you can literally have this dialogue within a group of all of us
so that we can kind of become like a hive mind. Because at the end of the day, if we're doing
well, if the coins that are the real communities on B&B Chain
are doing well and we feel like we have that kind of communication with B&B Chain, that's going to
help the whole ecosystem, right? So I would be up for being in a group with some representatives
of B&B Chain and then you guys pick out the ones. I mean, obviously it'll probably take you a day or
two to check out which projects are the real strong communities that have been around a while and then
we can have that dialogue and we can just you know give feedback because i i really think that it it's
um it's a joint thing right like no chain is going to really go to the heights it wants to without
communities and projects that are really thriving and no projects are going to
really thrive without that type of, you know, connection to the chain as well. I think we've
seen that. And I think that that would also make and motivate, like I said before, it will motivate
a lot of these communities to know like, hey man, we're doing the right things. We're taking the
right steps. And then we can also understand what you guys like, what you guys don't like, if there's anything that you, you know, you don't
think the projects should do stuff like that really, really helps because, um, I'll give you,
like, I'll give you an example right now. Here's, here's one thing, um, that like I've been asking
around. That's like the hardest thing that I figured out. Okay. So like there's, there's, there's CTO projects. And what a CTO
is, is when a community takes over, um, a project and they, the original dev abandons the project,
but the community looks at the project and says, Hey, you know what? We really liked this project
and we want to take this thing further, uh, regardless if the original dev abandoned the
project, but there's currently no way for a project to register on bsc scan
um if they don't have the original deployer wallet so like there needs to be things like that like
inroads where we can verify as a community and say hey okay we're legit look at us we've been
here for two three months we're grinding we've we've showed up to these spaces where we have
doxed people that are representing the coin we don't mind about that But we need to be able to get verified like Captain BNB hasn't even been verified on BSC scan because I have no way to do it
I've asked for dot meme
Yeah, yep, just contact me just contact me on X I think I can
Form a telegram for you. I just follow you. My handler is can
C-A-I-N underscore BNB. Yeah. Yeah. Yeah. Thank you so much. I just follow you. My calendar is Ken, C-A-I-N underscore BNB.
Yeah. Thank you so much.
I appreciate that.
It's just these little things
that really help out these
communities and we're ready to go to war
for the chain. We're ready to do whatever.
The communities,
we're ready to
put the chain on our back as well and
grind it out and do all these huge things that can just amplify the chain.
It's just little tiny things that will really help us.
And it's stuff like that.
So I really appreciate that.
And there is great communities and great guys running projects on B&B Chain. chain. So I think like with a few little adjustments and little things, like we can
really dominate, you know, in this next, you know, over the next like 12 months. And I look at it as
like we are, we're growing out this kind of meme coin slash ecosystem. You know, this cycle, there's
a lot of different things that differentiate from last cycle. It's very different this cycle. So
one of the things that I really, really love is, is have, you know, having that communication
with you guys.
And I'll definitely DM you.
I think that will really help us a lot.
So thank you so much.
And thank you for once again, for giving the platform and thank you for everyone that came
up and shared.
I appreciate you guys.
And if anybody wants to reach out to me about any kind of collaboration, any of the projects,
let me know, shoot me a DM.
We're definitely always welcome to, we love to talk with everyone so thank
you so much again I'll shoot you a DM. See you around Coco. Thank you so much.
Bye bye. Just drop me a text alright? Alright I saw... I saw... Sorry Fatima I still cannot hear you well can you say hi?
Yes I can hear you well how are you doing everything is good?
Everything is good especially when you are a BNB holder
As I see your question you asked 100 million liquidity incentives news.
Is it effective or if it's not, so how we can improve that?
The main purpose of my for applying the mic is this.
First of all, I can discuss what's the effective point I noticed and what's the area seems to me for in which we can say we can
make the improvements. First I can say about effective points there's I see is liquidity
boost and many exchange incentives like CEX listing and many not native token adoption, increasing the token visibility and accessibility.
Especially in the above two rounds, successful funding first and second round of funding
successfully announced and implemented not like that only announced and implementation in the
still queue but it's done with the project receiving the liquidity support and especially the main
thing is that fostering a sense of community and cooperation among different projects exchange and
stakeholders in the time of the development and the time when the money is so much precious so
hundred million dollar is a big amount for those who know how to use them for the betterment of the BNB chain and also for the other things.
And the areas in which I feel, I'm not sure, but in my perspective, I feel that improvement can be made in that like the centralization concept concerns we can mitigate the risk of centralized exchange dominance and ensure a balanced ecosystem.
A little solution if I say we can implement decentralized exchange integration tool to promote the decentralized trading and reduce the reliance on the CEX and like we can make ecosystem balance to focus
beyond the CEX listing to include DEX listings and community engagement and other ecosystem
growth initiatives also. For this we can develop the community engagement platform in which
we can facilitate the communication and collaboration among the stakeholders and also those who want to share the ideas and their feedback to how to make the things better
not only for the short-term programs for the long-term program in short-term viability and
especially when the market conditions are volatile so how we can adapt to them for that we can establish a risk management
framework to identify words are the reasons and the factors behind the
potential risk and how can we regularly view and update our program strategy and
also how we will use our advanced analytic tools to monitor the market
trend and adjust the liquidity proportion strategies accordingly
different des listings community engagement and other innovative initiatives we can
use to promote the ecosystem growth we can uh as a word is continually evaluated so we have
also to bring the evaluation like we have to regularly assessing the program impact and adjust the strategies according to the volatility of market
to optimize the effectiveness of our strategies and the rules terms
We have to fostering the open dialogue for the community to ensure the transparent communication about the programs and update progress.
Is it just me or did she kind of just evaporate?
Yeah, I think we all did.
I was like, did my space just crash?
Like, what just happened?
I don't know.
She might have lost connection or her Twitter might have bugged out because she's not even in there.
I was like, what just transpired?
Real quick, BNB chain.
Let's say if our group wanted to sponsor a space or to ask you if we could do something with you for a space,
how would we go about doing that?
Just because you're the only BNB spaces I've seen in the past couple weeks.
Uh-oh.
Oh, it's coming again.
Hijack the stream.
No, yeah, I haven't seen a lot of B a lot of bmb spaces though as i was saying kind of previously so it's been like i like i went from solana to bmb now and it's i like it more for
building on bmb because it's a lot more stable like the coin itself compared to solana like the
market cap's not gonna you know take a nosedive because you know bnd's going down that much um yeah i mean
it's definitely a cool platform especially because like even for like defy projects like we've got
it's just it's a lot nicer even like for like the bear market and stuff it it holds its price a lot
better than other altcoins so it's definitely it just feels like cleaner right yeah yeah it's just
like an evM thing too.
Like I'm not going to pretend like I'm smart and know all that stuff,
but we have a couple of like legitimate developers.
And I mean,
I talk with them and they were so happy to like be creating stuff on an EVM
chain.
So yeah,
I mean,
there's just more capabilities.
There's more stuff to do because like, obviously Solana has like all the attention right now.
That's where everything's trading.
But like, I was getting tired of that.
Like you can't even like buy a Solana meme and fall asleep with that in your wallet.
So I think that's why like us as the entire BNB ecosystem should really band together
and be like, yo, this is like the real community
forming chain.
Like this is where we hold it down.
This is where we actually build and grow and create stuff that have longevity.
It's not just buying some ticker because there was a news article about it.
This is where we should all work together to create stuff that has lasting impact and
effects.
Well, for instance, like for what we've,'ve, we're developing, we've made is a,
we have a coin launcher on the way along with sport betting
and we're sponsoring some boxers to get out there.
Like the, we have a stream tonight,
even on Aiden Ross's stream.
That's also with stake.com that we're sponsoring
one of the boxers who's the main event.
And we have product placement like honest shorts.
And if we were on Solana, the issue with that is,
let's say if we launched a coin or, you know, to tokenize our platform that we have like yeah it would have a pump but once it comes down
and since solana is so unstable it's like if our platform tokenized on solana and let's say if that
coin goes to a couple million and then it comes down to like 20k or something crazy now our
platform looks bad because the coin that's associated with it is falling
drastically.
So I mean, for BNB, that's why I like it, because if you're going to build something,
it's a lot more stable.
And a lot more people that are like developers that are used to building this stuff aren't
used to Rust.
You know, they're not used to using Solana.
So it's nice because even with, for instance, the launcher we're developing, we can do multi
chain a lot easier for EVM first or take on Solana first and then go to the EVM compared to if we're on Solana, you know, trying to transition all the Solana people over to EVM is a lot more of a pain.
going from solana to bmb i struggled because solana is such a closed um kind of like a closed
minded space of only soul you know soul maxi everyone where we had to develop something to
bring over friends that's literally just you hit buy and it automatically transitions to you know
throw solana in and then you get token because when we tried walking people over to how to buy bmb
either they're blocked in their country or you know there's just nothing but pain and if they're
using coinbase god forbid they don't know what the hell is going on with trying to buy B&B because it's blocked on everywhere.
So it's definitely, I think these spaces are really, really much needed, you know, because anytime I go on space, it's literally just a Solana project, a Solana shitter.
It'll literally be something of like, you know, some dude was choking his chicken in the shower and it's a fucking meme coin going to a billy like it's just the stupidest stuff they have over there
yeah no i agree and like a lot of it is just like access to the actual like native bnb token
because i mean let's be real like finance is dominating like the eastern world like they are
killing it over there like the real thing
that they should be focusing on to expand and become more of like a global powerhouse is to
get into the western countries more like u.s canada europe is like the prime like that's the
majority of like the captain b and b like yeah i'll give a good example sorry for cutting off
i'll give a good example of that where um i don't know if you know pi coin is or whatnot the people from pi were fucking mainly
in u.s based and like we're promoting with youtubers when it first started where you can
like mine on your phone or whatever and now it's like primarily their community is like in indonesia
and like other parts over there where like the you know they have like events over there all the time
whereas people here in america it's like they completely like abandoned from pi it's like well
no we got to include like you know you want to make sure it's everyone is inclusive and it's
something where people can um can use the product because otherwise if the west cut off
i mean a lot of youtubers are from the west you know and that's one thing even for pilot like
they've been just struggling.
It's at maybe 50 cents a token where it was at $3 at a point.
Because even in the West, you can't really sell it.
Like, they've primarily just prioritized that area, you know,
over in that part of the world to be able to buy, trade, sell, and swap compared to over here where they've lost most of their organic,
original community because they just don't market it correctly or don't actually try and expand.
Yeah.
And I mean, bro, like most of the influence is in these Western countries.
Like that's where all the noise on Twitter is.
That's where all the action is.
Like that's why Solana is doing so well is because it has encapsulated that whole market.
So like that's why one of our goals is to just increase the ease of access
to BNB as a token.
So the first one of our products that we've actually released
is a BNB swap bot.
So you can just go in Telegram and you can route any coin directly to BNB
in Telegram without having to connect a wallet or anything it like goes through a bunch
of bridges and we have an aggregator that like selects the best route and gets the most efficient
pricing for it so like that's the stuff that i think that everybody on bnb should be doing
is just like getting people from solana to binance and like i think them as a chain and their leaders
should be targeting these Western
countries the most and helping out these projects that are more Western focused rather than just
kind of like keeping everything in house. But that, I mean, that's just like the real way to
do it. That's how you take over is you go to your points of weakness. Like say you're like a
professional fighter or something. And I'm totally stealing this example from Coco.
Like you don't want to focus on what you're already good at.
You need to focus on your weaknesses to be more well-rounded.
And overall, that's how you improve is working on your places that need it,
not just focusing on what you're already good at.
Yeah. To be well-rounded is the best way to go ahead.
BNB.
Sorry, Amaya. You're already good at yeah to be well routed is the best way to go ahead BNB Sorry about I think
I think we still we do have a lot to build on it to be very honest and
So for sorry, I heard Vangzi
I heard you're building some sort of like trading bots on telegram right for free to reach out to us if you need any support
Yes, yeah, we we already built that we deployed it We are building some sort of trading bots on Telegram, right? Feel free to reach out to us if you need any support.
Yes, yeah.
We already built that.
We deployed it.
I can pin the tweet up.
We have an instructional video that breaks down.
There are company policies that no advertisement is allowed on Twitter space. Come on.
You can drop us a video.
Just break the rules once.
Yeah, I mean, it's just like a tutorial type video just to make it easier for people to use.
Like if they've never used a bot of that capacity, we just, we had somebody record it, screen records on the mobile setting,
and then just kind of do a voiceover to explain it. It's super easy to use.
I use it all the time.
No, just
send it to us.
Just send it to
my telegram, or you
can send it to BMB
official Twitter.
And for Diddy, I remember
you just asked
what is the reopening for chances for projects to do AMA with us,
a batch of projects?
I think I can talk to the marketing leads and check whether it's possible.
We can filter and invite.
I don't know if you're able to DM on that account or whatnot.
If you can let me know what your telegram is,
I would love to at least show you first exactly what we're doing and stuff
so you can show it to them and kind of explain more
because it's not like a meme coin.
It's something we're building with BNB that we want BNB to look at.
That's true.
Because for sponsorships and stuff, like I said,
we have the Aiden Ross fight tonight, the main event boxer we've sponsored,
and we have podcasts coming up as well too.
So it's something where we're trying to expand out there out there and like i was saying i'm very gracious that you
guys actually have the space open because i have not found any b&b spaces so it's been like an
echo chamber trying to share it around but yeah if you if i'm able to message you even on telegram
to kind of show you it even if it was like a vc it can have you come in with the team we can
explain it more i think it's something that you'd personally like,
along with seeing that, you know, we're trying to bring, for instance,
nodes back.
We have a very, very nice ecosystem for it that it's very enticing and
exciting.
So let me really quickly, this way I can write it down.
What was your telegram?
Yes, sure.
It's C-A-I-N
underscore BNB.
Okay. I'm going to go ahead and shoot you on a message as well.
I'm going to send you a link as well.
I'm also going to do that.
Is that your Twitter handle too? You're cool. I like you.
I'm going to follow you.
Floodgates are open.
Direct contact. Let's go.
I don't know.
That is my Telegram handle.
I think you can drop me some demo of the product for free.
All right, let's jump to the next speaker.
Hi, Potri.
I saw you're launching a very amazing product.
Potri, hi.
I just messaged you on TG, by the way.
There's a couple other accounts that have the username.
Does yours have the Ghibli?
Okay.
Yeah, yeah.
I was using the Ghibli image.
I think it's cool, man.
Hi, Potri.
I cannot hear you.
All right. All right. Let's jump to the next one.
Alright, I saw...
Oh, I think for the Luobang, you can open your mind. Luobang may shusheng.
Hi there.
It's weird.
I cannot hear you.
Yeah, maybe some trouble with connection, I think.
Guys, me, I have to leave because I have on Binance Square
EMA in about 45 minutes.
I go to prepare my setup there.
And I wish you good luck, everyone,
and keep building on BMBJ.
Thank you very much, all.
You can hear me now?
Yeah, we can hear you.
I can hear you now.
Oh, man.
Thanks, thanks.
Who's speaking?
Potri?
Yeah, yeah, this is Max from Paul Street.
I haven't been talking in the space for almost a year.
I think maybe it could be even more.
Yeah, I wanted to thank you, BNB Chain.
We just recently, I mean, approaching BNB Chain and, yeah, just launched a new product.
And we have half hour token order on on bnb chain so i really
appreciating you you guys doing a great job i mean we started uh probably three years ago i i couldn't
even remember we got incubated uh here and there and we are majorly on ethereum but later on you
know we had a talk with our community and um uh 99% of them have assets on BNB chain.
And yeah, looks like my connection is gone. Can you still hear me?
Yeah, I can still hear you.
Yeah, yeah, good, good.
Okay, yeah, just the phone is overheating.
So, yeah, we just decided to, you know, get back to the BNB chain.
And ever since Solana, there's a token I remember, the gently used 2300 Civic.
I was like, this is the kind of meme that I'm looking for, but I cannot see that on BNB chain.
I mean, it's all rock pools and, you know, all the Ponzi stuff back then.
But right now, I mean, with the TST and with everything else, I mean, we're so back.
I can say we're so back.
So, yeah, just try to enjoy this moment with the BNB chain.
And I don't really have any any suggestion but just based on our
experience back then because we've been pivoting our product and our vision a couple of times
just listen to the community i mean just listen to the community most of the people they actually
stand the point and i believe it's either dd or wangsy said it's those everyday people that
actually make things happen.
Yeah, I couldn't remember it was any one of you, but it actually, yeah, I was touched
by that.
It's actually all those everyday people who is actually deciding the future.
So maybe just, you know, you don't need to actually decide.
You cannot make the perfect plan all at once, but maybe just improve a bit by bit.
Like, yeah, we've been doing a lot of stuff.
Thank you, thank you.
We always welcome Builder.
Thank you so much
for building on BME Chain, man.
I think that is pretty cool.
Just a moment.
I think I saw your...
I think I saw your release
just now.
I saw your tweet just now. I saw your tweet just now.
So what is it about?
Oh, the migration.
Migration, right?
Yeah, the migration to BNB chain.
And yeah, there's a retweet pending on the BNB chain side as well.
But I mean, I couldn't sleep at this moment. So just figure maybe I'll listen to this Twitter space.
Welcome to BNB chain.
Thank you so much.
Thank you so much for having us.
No worries.
All right.
Is there anyone that anyone's want to talk?
Just feel free to open your mind.
I sent you a DM just to add up on your personal yeah yeah sure no worries and then yeah for telegrams i messaged as well too i don't know
if you're able to see your i just want to make sure like i sent you a video i think as well
with a frigate demo just this way you know it's not a a person trying to sell you a sticker pack
clarify that in case yeah yeah, yeah, no worries.
I reply.
Yeah, just to add to the list of tasks for you,
I sent you a DM too.
I sent a link to like the captain tweet about the bot.
Sorry to be sus in sending links.
It's not a drainer. I can send you the video and the app for the swap bot
if you would prefer that.
But what's your Twitter handle?
Is it the same?
Yeah, it's the same.
Shane underscore BNB.
Sounds good.
But, yeah, I mean, I appreciate you hosting this space,
kind of bringing us all together.
I think this stuff's good for the ecosystem and just the culture in general,
us kind of working together.
Because we're, like I said, like we're all on the same team here.
Like we all want B&B Chain to be the best it can be because when it thrives, we all
thrive.
And I mean, it doesn't take much to really take a large amount of market share.
I mean, obviously people really just follow big green candles.
So once we start seeing those, once the market kind of turns around,
if there are some runners on B&B chain, it's going to be good for all of us. So I mean,
that's kind of what we preach over at Captain. It's like we don't get upset when there are
interactions with other coins and we see them going and we're staying stagnant or even declining
because it's good for the overall ecosystem to be getting market share to be getting volume and to be getting liquidity injected that's why most of the products that
we're building are focusing on getting more people over to bnb um but yeah just kind of
wanted to preach that i really think it's good for us to all just like be on the same team
work together i wanted to oh sorry i wanted to say as well uh Kane, if you want, whenever you're
going to be having a more English
based space, I know you said
was it in China you were over
where most of the spaces
are?
I was handling the Chinese
account, but yeah, for sure
we can do more English
based on BNB Chan Man Twitter
account, we can do more English space on BNB Chan, main Twitter account.
We can do so.
So this is actually a weekly series for BNB Chan.
So we are going to do it every week.
And just to invite it.
So for this space, we do not have any specific topic.
We just talk about anything that we want to talk about.
It's a free talk.
If you want help for the next ones,
just let us know,
like everyone that's up here currently speaking as well to come and hop
back in just in case if anyone hops up causing issues or whatnot.
And anytime you guys have like the more English based spaces,
I mean,
I'm sure we're,
we're available to hop in and help you with it.
Yeah,
sure.
We can do it.
I think, I think we can think we can do it on Fridays,
like every Friday,
but it depends on the schedule of the staff as well.
I will let you guys know.
Come on, Kane.
You can do it.
Just take the account.
It's Friday night my time, man.
Good morning from Chicago.
Sorry? I was going to say, what do you think
needs to be
improved on the BSE side?
You heard from all of us. I'm interested in your opinion.
A lot. Actually, a lot.
So we need
to focus a lot of
we need to build a lot of
infrastructure, so we need to partner with if you want to like for BNB chains, there build a lot of infrastructure. So we need to partner with,
if you want to,
like for BNB chains,
there are a lot of,
the space is very huge,
where we have DeFi,
we have RWA,
we have MemeCoin,
we have AI.
So it's very huge.
So we need to build more infra,
like reliable,
it's like actual infra to support.
And I personally do not want to see only memes coins are available on BNB chain.
That would be very boring.
So everybody just dump, pump and dump.
It is not suitable, right?
We need to focus on project.
We need to focus on product with real use case. So we need to make the Web2 people look at us saying, oh, they are really building the
product, the change of world, not only like pump and dump, this is not right.
But also MemeCoin is part of the ecosystem as well.
MemeCoin is the main driver for people to come into WebTree.
Yeah, it's amazing.
It represents a sort of culture that people want.
I think we welcome that as well.
But yeah, a lot to improve.
We are working day by day on that.
After the space, if you're okay with it,
I would absolutely love to give you a live demo to show
you what we've made over here. I think it's something that touches
base exactly what you were saying
and would be something I think
you might actually like in general. Just for what
the buildability with it.
No token involved with it regardless, you don't need it
to use it, but something that's actually building upon
BNB that touches exactly
with what you're saying to try and expand more
and not just focus on memes.
Actually, we have been working for four years. Sorry to go ahead. I was just with my hands raised,
so I feel like it's open mic now. Nice to meet you. Good to see that.
Sorry. How do I pronounce your name? I just want to make sure that I'm right.
Of course. Enrique.
Enrique. Yeah. Nice to meet you. I will be sending at the end too for sure nice to meet you guys everyone here I belong to EverRise we have been building for four years in in B&B anyone feel free to reach
out we have faces every Friday too and we build infrastructure so that's where I jump in right
right at this moment because we have 12 DApps already.
I can tell about the first bridge with no mint and burn function.
I can tell about the first lockable NFTs, the first vault in the space.
We also have people that are friends that are here listening.
We have four years building, but vault, for example, has four years building too.
Pecoin has two years.
They have the first BTC reserve in the space.
Trading bots, games.
And these are all things that are working
that have been tested, battle tested.
You know, it's not just audits and stuff like that.
We have audits from Chase Holding.
We have audits from Certik.
We have been recommended by Trust Wallet
and the security section
because we have projects like Everlock also which is Eric is that promotion?
Huh?
What?
Is there a project promotion?
Oh well you know it's like since it is open you know we have been like craving for spaces
to talk about what we have been building you know it has been such a lumber market and
now it's like you know I love that there's someone listening to us you know it
was like and for us it was like oh man we're still here you know we have made so many friends like i
think didi was saying i mean i mean we can have we can have different spaces to talk about project
but for this space we mainly talk about like what is actually trending on bmecham we can have some touch on
project but not to overly introduce it i appreciate your understanding for your crypto journey and
being with crypto and expanding on it what chain did you first get started on and introduced into
crypto and from that what was the key things you took away with learning about crypto in the
beginning to be very honest, it was Tron.
Because Tron USD was very famous, right?
So when I first touched crypto, there was like seven years, nine, no, no, no, nine years
ago, I used like, not nine years, seven years, is it seven years?
That's seven years ago, I started using trons to do like stable coin transfer
like with my friend just to buy some stuff yeah i'm sorry most people have started at least people
i've met just started getting into crypto around like 2020 last cycle or even maybe some 2017
the way you casually said just you know i was using tron to like send it to people or send
different things i think is really cool just because like
when i first started getting a part of crypto it was either bitcoin uh was mainly just the
more like normie thing so hearing someone using tron um i don't know if maybe it's because i'm
more in the west area if it's just more popular just people being um based on bitcoin and stuff
i think i really think it's depending on where where you're born right i was born in
southeast asia so so for southeast asia we use tron a lot that makes so that that's the reason
before like if you would have asked me about tron like two years ago i've been like yeah i love the
movie like i wouldn't have known anything else with tron so i think it's really interesting hi guys howdy hi bsr yeah hi hi hi kane hi guys yeah i really
appreciate the step of bnb chain that they support projects with liquidity yeah but i want to address
address another side of this program. Let's be realistic that the way you get to exchange is
that you usually pay with the supply. So this program doesn't make a big sense because it supports mostly a couple projects. So I think and I like much more the
idea of BNB chain grants you make. You have a wish list of the projects you want to see and to be
built on BNB chain. And I think it is the right way to support the ecosystem
and to build something really cool.
Because let's be realistic,
and a lot of projects build the same stuff.
Telegram trading boards, staking platforms, etc.
But by the end of the day, we need a very strong ecosystem that will attract
the retail investor and will attract the liquidity to BNB chain. Because I think that the problem
we have right now on BNB chain, that BNB chain, Binance and other parties related to BNB must listen more to the feedback of the real communities.
What does it mean?
That's what we are doing right now.
That's what we're doing right now.
That's why I'm talking.
What does it mean, real community? It means, for example, there are many projects like having 30,000, 50,000 holders,
but they're totally dead.
Can we say that the project is very good and community is good by tracking the social activity?
No, we live in the bot and AI era, and it can easily be faked out.
I think it's a good program, but I think it must be transformed more to support the real CTOs, projects, who doesn't have a supply, who doesn't have whale groups, and they can't simply buy and get listing on exchanges.
So, for example, really quick, I just want to ask you, PSR, sorry for cutting you off.
So you're saying to not focus on the AI projects, the ones that do staking, the ones that utilize the current network?
ones that utilize the current network?
No, no, no, no, no, no, no, no.
No, no, no, no, no, no, no, no.
I'm saying that we need to build, let's say two or three staking platforms.
There can be a lot of place for AI projects.
I love utility.
It's very cool.
Yeah.
I'm mostly talking about the liquidity program we have right now with BNB chain,
this 100 million liquidity program.
It supports the projects who gets the spot listings, but it doesn't make with BNB Chain, this 100 million liquidity program.
It supports the projects who get the spot listings,
but it doesn't make sense
because how a CTO can pay for the listing?
For example, I won't say the names here,
but for example, you need to pay 1% of the supply.
How can a real CTO collect 1% of supply so get uh this uh price from
bnb chain further it's impossible okay so i think like the middleman the lower the people that don't
have the funds to do so or that uh the communities they're growing in to be able to actually get
them what i mean yep what i mean yeah uh another side uh another thing i see, clearly see, that BNB chain must have some kind of...
I'm talking mostly about meme coins. I'm talking about something to make a meme coin advisory, because, for example, there is one coin
who is representing, let's say, partly one religion.
But as I know and as I see, they make offensive stuff to this group.
And a lot of community members, I know a lot of friends, my Muslim friends are offended by this project.
I think another criteria BNB CHA you know, because there are projects who does really dirty tricks.
And communities, retail investor is not so blind and dumb.
It's all about getting the liquidity flow to BNB.
For example, Solana is totally gambling chain.
So they're about building ecosystem.
But I think BNB can sum all the best parts from all the chains,
but they must listen to the feedback and support the real CTOs,
because who wants to buy a Cabal coin?
Nobody wants to buy.
Everyone wants an equal opportunity.
Everyone wants a fair distribution.
It's very easy for a BNB chain, Binance,
to see if the distribution of the token is fair or no.
They have enough data sets and tools to identify it.
Yeah.
So I think you need to receive more feedback,
see the situation from another perspective,
from the perspective of retail investor,
because what happens right now, see the sentiment sentiment is very
low we have big liquidity outflows to other chains it happens because there
are mistakes mistakes must be fixed you know we not we need to be more realistic
not to use the spaces for to promote your own coins here,
but more to provide the real feedback.
Yeah, we do need a lot of constructive feedback from the community.
I think BNB chain is born with the community and it cannot live with it.
Yeah, we need to be very close.
We are friends, man. and he cannot live with it. Yeah, we need to be very close.
We are friends, man.
So I wanted to touch base on what PSR said.
One of the topics you brought up of some of his friends had a coin that they found offensive and whatnot.
My question with that is if there was a quote-unquote cancel culture
put towards some of these projects, if they know incorporate anything at what point does that stop so let's say
if there was a coin that came out that was something about Jesus or something
about another religion like you know Buddha is that something that no one's
allowed to touch base on or you know put a project towards that it's kind of the
blurred lines that I wanted to touch base on that you were bringing up of
wanting to do
kind of a, not an audit, but a more thorough look as to what projects are they promoting
and to base the reputation off of that and to cancel and to stop anything that's potentially
offensive.
I kind of want more of an explanation.
You can see what happens to the bad projects after they get spotlisted on Binance.
They get just nuked because there is no demand and there is no real demand for artificial coins.
I think the market will reward the coins, the true CTO coins who really build and who wants to change the space.
For example, as I say again, we can support the real CTOs who tries to build something.
It's very important to build and develop the BNB, using Binance Square, promoting
Giggle Academy, using the Binance. There are many, many ways to really build. So,
integrate your tokens on all the platforms, sign the partnerships. There are many ways, but the current way
the liquidity program supports the token
could get spot listed.
It simply doesn't make sense.
Because for example, if I launch a token,
bundle 50% of its supply,
I hire one, two market makers,
I start paying for all the exchanges and I start receiving
enormous boost from BNB chain. But what for? So make some cabal more rich. It doesn't make sense.
That's why I'm saying they must change the way they support the projects. For example,
the way they support the projects. For example, we applied for BNB Chain Grant.
I like this program a lot. There is a wish list, like what projects they want you to build.
There is a framework, what they want to see on BNB. It's clear, it's understandable, and it's easy to follow. But this liquidity
support program simply doesn't make sense. So I think some steps what BNB Chain could make,
yeah, for example, BASE is going to make something like M world order, which will combine some top blue chip meme coins, etc.
I think BNB chain must create something like this.
It really makes sense because this way they will support
the really good CTOs with clear, fair distribution,
with good reputation,
and who will unite the real builders who will represent the BNB chain ecosystem.
Because who will want to buy and see, for example, if there is some, as you say jesus or i won't say that this uh token's name uh but yeah uh if who wants to be in
chain which supports uh like better reputational coins nobody so uh we must follow the same goal altogether. And this way we can really make BNB chain great.
And all these words to list mechanisms, yeah?
It all makes no sense.
We live in the 21st century.
We live in the crypto decentralization.
There are DAOs. You can vote with crypto.
There are many, many, many ways.
But supporting the mechanisms where you can fake it out and still get some prizes,
I think it's totally incorrect.
And all the retail, all the crypto Twitter sees it, and then you have a result
that nobody coming to Bnb you have liquidity
outflows and etc etc so i think there must be big changes yeah yeah it's a problem too because like
you need that volume like this is to incentivize sex listings it says it in the picture right um
yeah so they i mean that's how they make money so they
need that volume to be there um on those fees so it's a difficult thing to work around and i mean
there's also the other thing too when you put in 100 mil um liquidity and you put some of that into
um one that's already down from its initial high it can kind of hold it down because there's more liquidity so that you need more to pump it up too.
So I don't know what else to do.
I would like to clarify.
Yeah, I really would like to clarify as well.
So the reason why we are doing this sex listing incentive
is because we want to provide the whole to have the liquid we want to provide the whole
market overall bsc market with liquidity so we want them to be listed on centralized exchange
to make sure that the liquidity could be last longer because we observe that uh on chain if
you only keep liquidity on chain it's going to be very hard for you to be sustainable project
at least uh if you are backed by some exchange, let's say that you
listed to a tier two exchange or tier three exchange, at least you have
exchange liquidity to back you up. So that is the initial plan.
But we welcome suggestions. maybe we can change we can
locate part of the funds to uh to uh to do different things yeah we are open for discussion
to be very honest yeah for example i offer to make a meme coin challenge festival yeah
it could i think we need to bring much more fun and entertainment.
Because let's be real, a lot of stuff is quite boring.
It sounds like money makes money right now on BNB.
We can make MemeCoin Challenge Festival.
There are many creative ideas how to make it happen. And it can be really funny. It can drive very high engagement on X, especially if, for example, the base
chain supports their leaders, supports the projects who make really cool stuff.
If BNB chain leaders, maybe Binance leaders here will support the funny
leaders, maybe Binance leaders here will support the funny and cool challenge festivals.
It can be really funny and interesting.
For example, we live in the moment when DTFs become really popular.
Yeah. BNB chain can create a meme coin, blue chip meme coin index,
can create a meme coin blue chip meme coin index which will be divided with some ratio
to the top coins and you can buy a meme coin basket index it will also drive more volume more
more development support to bnb chain there There are many, many, many ways.
Yeah. So I think, yeah, if you will change your strategy to getting really more feedback and support this feedback, yeah, BNB chain can become really, really great.
That's what I think. Thank you.
Thank you so much, PSR. Thanks Mark. Uh, thanks for taking
time to provide us with valuable suggestion. I really, I
really appreciate that. All right, let's, uh, I, I, okay, so,
so let's jump to the next person. Hi, Luobong Meishusheng. Are
you there?
Yeah, I still cannot hear you.
I just want to hear someone come up and literally all they say is,
All I'm requesting.
No worries.
Howie? Is it Howie?
Yes, Howie.
Hi, what's up? How are you doing?
Yeah, good.
Yeah, actually, I am? How are you doing? Yeah, good. Yeah. Actually, I am still, I am keeping like a building DeFi things. Yes.
And once I saw Binance just like the move, like the launch pool and the mega drop the rewards,
not only for the Binance user,
but also for the BNB on-chain user.
So I think for that one,
it's a really big thing also.
So I think maybe can look at the BNB5 strategy. I am building something
on it, but you cannot just say, oh, what's the protocol? It's okay. Yes.
I mean, you can touch on that but not like overly promote
the product because we are
not here for this
you know what would be a good thing to have
is like a shark tank thing
where newer projects
can come up and talk or anybody can just talk
about their project so when we have these
ones we could just have like normal conversations
about the B&B chain
that might
yeah yeah like a kind of showcase of products to see who wants to invest yeah okay okay okay
uh Sam I mean you I think we do it we don't need to find a balance in it because
sometime when you let a new project uh I okay so from what I understand so BNB Chain should be like
Amazon Cloud
so every project can be deployed on
BNB Chain but just that sometime
when we host a space and invite
projects to come over it's
it is seen as sort of
like they are
backed by us you know so we are
super careful. I see like people
can take it that way
yeah so we are super i see like people can take it that way yeah yeah so we we
can propose like maybe we can have we can hand pick a fuse that we we have done the security
due diligence on but not not like everybody to talk on that because you you never know what
what will happen with project right we're just having like more spaces in general because i think every single person here is like itching because you guys aren't on here much so
it's like we're just itching to say something about our projects um which is fair but yeah i
mean i think if you guys have more spaces for sure it would help yeah i don't think that shark tank
idea is a bad one there would just need to be like some requirements and a little bit of due
diligence done beforehand like maybe they would need to be like a month old or like six
weeks and maybe do like a market cap requirement or something just so there's not like
like something bundled like people just shilling stuff that's not legitimate um but in general
yeah just the more spaces the better um just everybody kind of coming
together so i think doing this at least once a week will be great um i think it's a good uh
a good move in the right direction um obviously the liquidity helps but um kind of what psr was
saying um i think there are other ways to utilize funds other than liquidity because obviously like higher market
cap liquidity is very great but at some of the lower ones like if you have one-sided liquidity
and you get very deep in it it can be really negatively impactful obviously it's positive
at first and then it becomes negative because you have a lot of tokens to eat through once that one
side of liquidity flips the other way so I think buyback and burns are also really good or even like using some of those
funds to buy exchange listings could potentially be good. I know there's kind of like a strange
overlap there with BNB chain being so Binance oriented. So you don't really want to give a ton
of fees to other exchanges. But in terms of overall ecosystem growth, I do think that is a
beneficial strategic move to get on more exchanges, especially like the products that
are very B&B correlated. Like if someone knows a project has to do with B&B correlated.
Like if someone knows a project has to do with B&B,
whether it's like the name or by the community or just the meme itself,
it's essentially free marketing for you guys.
So getting those ones out there,
I mean, there is secondary benefits there.
But yeah, I mean, with $100 million,
there's a lot of stuff you can do. So I think just kind of diversifying those funds would be the most effective strategy.
But that's just kind of my two cents on the bonus.
Yeah, we are thinking on that as well, how to better utilize the funds that there was allocated like that was given
to us so yeah we we we always welcome for for suggestion all right i think okay it's 1am from
my end which is pretty late so we have run this space for almost two hours so i think i can see
you guys next friday actually i just wanna ask something yeah but
uh yeah you are just keep talking i i don't know when to ask uh yeah would you uh would you like to
have any plan to boost more like a bnb for for like a other bnb liquidity on the BNB chain. Yeah, because I think still not enough.
Yeah, because I was already building something under Ethereum.
Yeah, I don't need to thinking about where to looking for the liquidity. You do not need to worry about the STETH liquidity.
When I want to move the strategy to the BNB chain, the liquidity is a very big problem.
Are you referring to restaking uh yes uh
a sticking liquidity on bnb chain uh uh actually actually not only the recession i i think the bnb
the original bnb the liquidity still need they still needed to more more liquidity on yet. If we don't have enough liquidity, we need to concern more about,
yeah, for example, maybe if users open a very big, yeah, I am building like a volunteer FX protocol. Yeah, on the Ethereum was, yes.
Yes, basically you can allow user to base it on WSTTH
to open a position.
Now I move this strategy, moving this strategy
to the BNB chain.
But I found that liquidity is a very big problem.
For example, if someone wants to open
like over 2000 Bnb position yeah it will be
meet a very huge huge uh huge sleep page i was trying to like using the like the lisa.1 the
slith bnb but i think it cannot be worked because of the you have open position is okay because it's minting.
No liquidity problem.
I think we can take this discussion off stage.
Just feel free to DM me.
I will drop you.
My name, my telegram is CIN underscore BNB.
We're 99 on GST Twitter.
Okay.
I thought I was having a stroke for a second.
I'm sorry that confused me. I was like, You can go to Twitter and find me. Okay, okay. I thought I was having a stroke for a second. I'm sorry, that confused me.
I saw a BNB on Twitter.
I was like, oh no, I'm going down.
No worries.
Alright.
I'm not very slow. Yeah, let's
let's, uh, Javi, you can just
uh, just connect me through Telegram.
Or you can just show BNB chain
official Twitter or DM. I just gave you on
Twitter. Yeah, you can show me the IP.
Yeah, sure.
I think this is if you have feedback on the DeFi sector, feel free to reach out to me so I can send feedback to my team.
I believe for FX protocol, we do have a group to handle it, right?
Yeah, you have a communication group with our, like, you are
committed with A team, not the code team of the, or code
development team with the FX team.
Yeah.
Are you connecting with Sharlene?
Oh, I think so.
Yeah.
Yes.
Yes.
No worries. I think we can form a new group later.
No worries. We always welcome projects to build on BNB chain.
I have contact with Zara, but I don't think we have a group.
I think we can make a group.
Yeah, sure. No worries.
If you have any feedback, feel free to let us know
because DeFi is also one of our most focused areas as well.
BNB chain was one very strong on DeFi back in 2021.
Lista has already break 1 billion of the total value log.
Yeah, it's a very...
The TBR is very high.
I just saw the news.
I think BNB is still a very alpha thing.
Yes, because many strategies still don't have.
Yeah, sure.
I saw there are...
So Lisa Dow just told us that they offer the P2P lending, right?
So the $10 million worth of bnb was being lent out
within one hour that was amazing yeah very uh amazing because of uh yeah because of uh venus
always don't have the liquid liquid here when the uh launch for launch for the event happening yeah
and they give a very uh i was uh saw them bonding curve yeah there's bounding curve of the interest rate. It's like when borrow all BNB,
just like APY is only 11. So yes, they just seeding and using the PT,
you use the, how to say, the pendle, the pendle,
the pendle, the pendle, the BNB, and do the looping.
Yeah, we already see this strategy on Ethereum.
Yeah, and now just move on the BNB
and later maybe we are looping Bitcoin,
looping the, like the,
I forgot that how to say that protocol yeah it's
have using the BTC to lending the BNB strategy and maybe it's on our
blue line I already forgot it and also maybe later can maybe have a USD. Like when FX, Deloitte on the BNB chain,
yes, have a very high APR on USD. Then you use the USD PT and the true looping. Many
things will be happening on BNB chain very soon. It's just an offer. It's a very good time for building something.
The market is like this.
Yeah, I think this is a great chance for people,
like for DeFi project to grow on BNB chain
since the market is down.
I think a lot of arbitrary
or a lot of lending, borrowing can be done
at the same time.
Just to arbitrate. Yeah yeah I think this is also
a good way
alright so the space
has lasted for two hours
I think I have to say goodbye
to you guys so we can
we will see each other next week
next Friday alright thank you so much for
spending
goodnight
thank you I was going spending. Good night.
Bye-bye. Thank you.
I was going to say, for the telegram thing,
whenever you wake up, you're minutes late.
Yeah, yeah, yeah.
No worries. I would check later.
Thank you so much, guy. Goodbye.
Bye-bye. ΓaΓ° er ΓΎaΓ°.
Host
Speaker
CaptainBNB
from
CaptainBNB
