老王Victor

Just asking who’s still holding this airdrop of $BTW , the previous TGE and booster task gave us 1000 of them, now they’re worth almost $700. Just sold half of $BTW , keeping 2000 to maintain the position.

Binance drops random promos, check out my profile chat room.
Become my referral client for extra perks 😬

Got my Binance World Cup custom tee, but it feels like something's missing with this design 😭

I’ll just give it to my fee rebate clients. Anyone needing fee rebates can hit me up; we usually have Binance merch drops.

What rewards did they drop this time?

These two new coins are probably a pump, right? The surge is insane! Also, I can't hold onto the one with the number <a>$O $RE </a> for much longer. It's getting tight <a></a>.

$NIGHT got wrecked today, wanted to bag 1000 in profit but ended up taking a 2000U loss. The market's just too wild, with 9 traders losing over 1000U each.

After two days of a major pump, how many traders will come back? Alpha really is the key to holding on for the full victory #ALPHA🔥 .

The trading contest for $WLD has wrapped up. This spot trading competition has gotten pretty wild, with all sorts of non-profitable shenanigans happening and some even losing money to sneak into the rankings. It's honestly ridiculous. Luckily, I got in at the right moment; otherwise, I would’ve been down 3000 bucks. What a headache!

The rewards for the spot trading competition dropped 4 times, prices tanked hard, ended up paying Binance to work, and it seems like I didn't make any profits.

Finally, we didn't waste our long wait. I closed a 140U trade, feeling satisfied. Sold it up, $O sold, sold! #ALPHA🔥

Today was a double dip with alpha, everyone’s celebrating the low-score airdrop $O which pumped to 70U, caught some meat there. We’ll have to wait for the pre-TGE to go live, it’s been a while since the last TGE, this one shouldn’t disappoint.

Alpha's been hitting max scores for so many days, finally can cash out. Gonna grab 2 at once, and there's a long-awaited TGE tonight, prepping 3 BNB.
They're all new coins, can we expect a big pump? Let's keep our fingers crossed!

Why do I get little gifts every day? 🤣

Binance is handing out bonuses again, this time it's $8,000. Not many folks will be snagging the All-Star bonus in the double 50% super rebate node.

Right now, Binance's new round of the supporter activity is heating up. If you can bring in new users or have new accounts generating trading volume, come grab your Binance bonus.

Anyone looking for fee rebate partnerships, both individuals and teams, are welcome to join. I'm pretty laid-back, focusing on sincerity, and I ensure everyone can save money in the long run.

I've been a Binance captain for 7 years now. Since I'm not the best with words, I won't become a big KOL, but I'm just here to reliably serve my VIP clients.

I have personal contacts for most of the main staff at Binance, so if you have any issues, I'll do my best to help you communicate and resolve them.

I saw @Yi He apologizing on X about VIP issues. There’s definitely a problem lately with VIP accounts automatically getting assigned account managers on the client app, but some are slow to respond. I recommend reaching out to customer support first; they can connect you with the account manager. If the account manager isn't a good fit, you can ask customer support to switch it up. If you guys have a VIP account and don’t have an account manager, feel free to let me know, and I can help you get in touch with a great female account manager I know. The service will be top-notch.

You can click on my avatar to enter my chat room.

After taking a day off on Monday, we’re diving back into the battle trading competition starting tomorrow, baby! Tomorrow it’s all about that xaut in the backend, Wednesday brings wld, and Thursday is for night. Heads up, brothers—keep an eye out for those sneaky tower grabs; if you’re just farming for low-key rewards, you better watch yourself.

Baby and night are relatively less volatile, while wld and night have barely any wear but are deep in the game—things are gonna get intense! Will it be the next spk? Let’s wait and see how many accounts the studio tries to grab.

✨✨✨✨✨✨✨✨✨✨✨✨✨✨
I’ve designed equity incentive plans before, and a common clause is called "vesting cliff": you don’t start vesting until after a year, and if you leave mid-term, you get nothing. The company calls this "long-term incentive binding," while employees just see it as "having to stick it out for a year before you can think about leaving."

The veBR Season reset mechanism has some similarities to this logic. At the end of each Season, veBR resets to zero, and you have to lock up again in the next Season to regain governance weight and yield boosts. @Bedrock explains this is to prevent early whales from permanently monopolizing governance power. I call this the "periodic clearing of the desktop’s cost of governance."

On the last day of the Season, I checked the on-chain data and tracked the number of addresses that re-locked compared to the end of the previous Season. About 65% of the active addresses from last season chose to re-lock, while 35% didn’t.

This 35% could be due to a few reasons: they’ve exited their positions, think the rewards this season aren’t worth it, forgot to act, or are just watching from the sidelines.

The question is: with new 35% not re-locking each Season, will governance participation gradually dilute over time? If the number of addresses consistently participating in governance keeps shrinking, will the original intent of "distributed governance power" turn into a scenario where a few long-term participants actually have control?

We don’t have an answer to this yet, as the protocol hasn’t been running long enough. But this is data I always check before deciding whether to re-lock my veBR each season.

The participation curve tells us more about the long-term health of a governance protocol than the APY curve does.
#Bedrock $BR @Bedrock

Been waiting for this, I've been tracking the delivery closely.

Fueling the Crypto Station · Phase Four
Max claim $2,000 + both you and your friend can score up to 340 CHIP each!

If you've got the chops to bring in new traders or want to register a new account yourself, hit me up! Our veteran captain with 8 years of solid experience is ready to team up for some win-win action.

I came across a second mortgage contract where the borrower used an already mortgaged property for a second lien. The contract had a line: "This mortgage rights are subordinate to the first lien creditor." It was clear, but on signing day, he didn't pay much attention.

Later, I deposited brBTC into a lending protocol as collateral and borrowed some stablecoins. The operation was smooth, and the LTV parameters were reasonable.

But that day, as I sat in front of the screen, I calculated something: how many layers are stacked in the value of this brBTC?

First layer: the underlying BTC price. Second layer: the premium/discount of brBTC relative to BTC (usually close to par, but not always). Third layer: the liquidation LTV set by the lending protocol for brBTC, which is based on its own risk model, not on the real reserve ratio of brBTC.

All three price layers are in flux. If BTC drops, brBTC follows; if the market goes extreme, brBTC might trade at a discount, essentially adding another layer to the BTC drop; at the same time, the lending protocol might tighten the LTV, triggering liquidation.

This scenario of three layers stacking is not something I made up; it's a replay of the 2022 UST collapse during the LUNA collateral chain break, only the assets have changed.

The LTV I ended up using was 30%, far below the maximum allowed by the protocol. Not because I thought brBTC had issues, but because I realized one thing: composability is the strongest feature of DeFi, but also the hardest place to price risk.

@Bedrock made brBTC into an asset eligible for the lending protocol, and that in itself is a technological advancement. How to utilize it is another question.
#Bedrock $BR @Bedrock