To whom it may concern, no offense intended, I am listening. I think the Binance ALPHA points system is very well-developed now, but it still needs to consider the feelings of BNB HOLDERS. Maintaining the loyalty of core holders is where the platform's safety margin lies. After thinking for a few days, I finally put pen to paper.
I will address this from several aspects.
First, BNB Holders are the most core users of the Binance platform and are the founding heroes who have accompanied Binance. Whether they are early holders who witnessed BNB grow from $3 to $600, diamond hands who hold for airdrops without selling, or swing traders who participate in every event, some are paper hands, and some are diamond hands. Doesn't Binance want these users to return and be permanently staked on the exchange? This is a huge amount of tokens, and if controlled, BNB will rise to a new level. We need to proactively cultivate the strategic synergy of Binance users.
Second, BNB Holders originally exchanged real money for BNB. Initially, there was no ALPHA profit, which was acceptable. Now it’s like a cake divided into several parts. If there is not a relatively good proportion between the profits for holders and ALPHA, I think there will be a scenario where BNB holders turn against Binance. Of course, it won't be apparent in the currently flourishing scene, but there are already divisions and grievances. When each department is competing for users' time and costs, it will ultimately lead to a decline in overall participation willingness. This could cause BNB to gradually degrade into an ordinary GAS token, losing its core ecological position.
Thirdly, facing the latest Alpha, Binance has done very well, retaining users, filling the exchange, maintaining the projects, providing tokens → exchange → airdrop → user growth → user benefits → new user acquisition → exchange growth. This is a positive closed loop, but Binance should not just look at surface prosperity; it must understand that user growth and deep users are two different things. Some people don’t even know what it is but start to engage, and after milking it, it's still a mess, equivalent to me spending money to buy a bunch of fake followers. Over time, they will gradually disappear.
So, could there be a possibility that the current ALPHA can make changes to deeply bind the demand for BNB? For example, holding 1 BNB could earn a maximum of +10 points per day, holding 5 BNB could earn a maximum of +11 points per day, and holding 10 BNB could earn a maximum of +12 points per day, and so on. At this point, many might criticize me, but hold on. We are united against external pressures, which means we are working hard every day; do you want everything to be taken away by the studio? The pool is already this big; it’s incredibly competitive. Everyone knows that the larger the base of a pyramid, the higher the tip. Now, the studio occupies the base and is continuously increasing it. Are you all indifferent? Excessive participation from opportunists will weaken the sense of gain for real users. If there is reform, the studio needs to choose between 'increasing equipment costs' and 'raising the holding amount.' When the holding cost exceeds the brushing benefit, it will automatically clear. If 30% of users choose to increase their holdings to 5 BNB, it would reduce the circulating supply by 9 million tokens (6% of the total). This will provide strong deflationary support for BNB, which has an annual destruction volume of about 2 million tokens. Of course, as the saying goes, 'the higher the road, the higher the magic,' so specific methods still need careful consideration and testing.
I am just providing an idea for binding BNB. No matter how it changes, it doesn't really matter to me. I am quite laid-back; I just hope the Binance platform can improve and BNB can become more powerful, with external positive cycles driving internal cycles of the exchange, forming the strongest closed loop.
What we want should be the stickiness and strategic synergy of Binance exchange users, autonomy, awareness, and spontaneity. As a platform token, it must be more meaningful than meme coins. Bitcoin has the slogan that holding one Bitcoin guarantees a worry-free future, so what if everyone held one BNB? Drawing from Bitcoin's narrative of '1BTC=1BTC', can we promote the consensus of '1BNB=1 Binance ecosystem pass' to solve part of the demand in the future? This is a long-term issue, so let's not discuss it. However, I am optimistic about Binance exchange and hope it can continue to prosper and always stand at the forefront of the global cryptocurrency world.