#币安Alpha上新
All I see on Twitter are ads for OKX's newly launched [LP High Yield Pool Area].
Doesn't anyone find this very strange? It's said that this is OKX's strategy to counter Binance Alpha.
But this is adding liquidity to their competitor's project, right? And it's all trading pairs on the BSC chain?
Could it be that OKX's planners have been kicked in the head by a donkey?
Or it's like a mouse marrying a flower cat -- enemies are becoming in-laws!
Moreover, this LP is neither high yield nor guaranteed principal, purely a laborious and thankless task, so why is OKX doing this?
Two speculations:
Either OKX has been stunned by Binance Alpha's airdrop offensive, urgently trying to find a remedy, thinking this move will attract users from the Binance wallet.
Or the two companies have already cross-held shares and are already a family, wearing the same pants, with Binance Alpha now lacking liquidity, OKX wallet provides the function of adding liquidity.
Although the crypto world is very magical, this enemies becoming in-laws is still too magical.
The most likely scenario is that OKX is urgently trying to find a remedy, disrupted by Binance, with too many projects queuing to be listed on Binance ALPHA, attracting both traffic and money, making it hard for OKX to hold on.
So how should OKX respond to Binance's offensive?
Best strategy: Create a few ten-thousand-fold coins for a wealth effect to attract traffic; if retail investors really make money, they will abandon Binance.
Moderate strategy: Learn from Binance to connect wallets and exchanges, also start listing coins and airdrops, but focus on attracting new users, providing more benefits for new users, like giving points for new user deposits, and also selecting excellent projects for listing, not too frequently.
Worst strategy: Do nothing and wait for Binance Alpha to self-destruct; currently, Binance Alpha is listing coins every day, yesterday even listed two in one day, and not many of those coins are rising; buying them leads to losses, and retail investors won't be foolish enough to take the bait; if no one takes the bait, no projects will be listed, and Alpha will become unnecessary.
Competition between exchanges is a good thing; one company dominating is actually bad, as the saying goes, a big store bullies customers. Binance's dominance is a disaster for the entire ecosystem, making all the money go to Binance, leading to a slow death of the entire ecosystem.