solv

In finance, there is an counterintuitive iron law:
The wider the exit, the more funds flow in.
Let me give you two examples to help you better understand this principle.
1/ Yu'e Bao effect
The reason Yu'e Bao was able to siphon off bank deposits back in the day was not because of the highest yield, but because it realized T+0 redemption.
It turned the dead money that could only lie in fixed-term financial products into living money that could be consumed at any time.
Core logic: It's not that users really need to withdraw money every day, but that they need the right to withdraw money at any time.
2/ Bank run
The occurrence of a bank run often does not mean that depositors need money at the same time, but rather that they expect that if they wait too long due to withdrawal restrictions and other factors, they won't be able to withdraw their money.