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🧵Guide to Creating Your Own BEP20 Token: A Thread🧵 bnbchain.org/en/blog/your-g…

Hi @cz_binance , As a long-time fan of yours and someone who truly wishes for the continued success of #BNBChain, I’m reaching out with deep respect. There’s growing interest in Korea around your story and vision, especially within the crypto community you’ve helped inspire. I would love to take the lead in producing a Korean edition of Freedom of Money (e.g., “바낸인생”, “CZ의 길”) and help bring your message to a much wider audience here. I truly believe it can resonate deeply with the next wave of builders and investors in Korea. Would it be possible to get your permission or guidance on how to move this forward? Thank you for everything you’ve contributed to the space.

While timelines are full of FUD and red candles, @binance is quietly doing what strong balance sheets do , buying fear. 3,600 BTC added. ($233.37M) 6,230 BTC total in SAFU Fund($434.5M). Markets react to emotion. Institutions react to opportunity.

Recent contagion from the @KelpDAO exploit has spread across the DeFi ecosystem, with @VenusProtocol's Flux currently being hit with bank run level withdrawals. USDT on Venus Flux is now at 100% utilization with nearly $40million USDT locked as users are unable to withdraw. However, for users who are stuck, or even choose to deposit now, a nice 23.4% APR is up for grabs. As a user with funds stuck in Venus Flux, I did an investigation as to what collateral this USDT pool actually has, and there doesn't appear to be any bad debt or issues with the pool itself. The USDT is mainly overcollateralized by @maplefinance's SyrupUSDT, which to my understanding has not been affected by the recent exploit. (Please DYOR if you choose to deposit) Due to the recent exploit, people are exiting DeFi in the short term as confidence wanes. I saw a few users withdraw their USDT from Venus Flux and deposit straight to Binance. However, over the next few months confidence will likely return, and for those of us who believe in DeFi, we can enjoy higher than normal APRs while this contagion persists. If you do choose to chase high APRs, just understand that your funds may not be withdrawable for an unforeseen amount of time as panic may get worse across DeFi. This is why I decided not to ape the rest of my USDT in as I already have some stuck in there, despite believing there is nothing fundamentally wrong with the pool itself. Personally, I don't see this situation lasting more than a few days as borrowers will eventually close their positions due to high interest rates. However, due to the low peak interest on Venus Flux (operated by @0xfluid), liquidation may take months so we rely on users manually closing positions for now.