As June just began, the TVL of StandX rose from 24M to 30M.

I guess it's because the whale group friends had a thorough communication with the StandX team and deposited quite a bit of money.

I saw the group friends discussing, and some were worried about the safety issue of $DUSD, which goes straight to the core of the problem.

➤ Q&A:

Question: The address minted on BNB Chain is about 2/5, but there is none on Solana, why?

Answer: The final funds all flowed into the hot wallet managed by Ceffu Custody on BNB Chain, and Ceffu is also a partner for many CeDeFi-type products.

If everyone is interested, you can track it, the contract address is: 0x08439901c2bb071cd0812ed329675c9657434083

On the other hand, there is basically no doubt about the team's background; I estimate like me, most people are here for the team, so let's repeat it again.

➤ Team Background:

1) AG: Founder & CEO, former head of contracts at Binance;

2) AC: Co-founder & CTO, former Goldman Sachs Group;

3) Justin: Co-founder & COO, former founding member of Binance contracts;

Actually, I privately asked a friend whether this team background is real.

Friend A said: If this is fake, Binance would come out to refute it, after all, they are openly endorsing Binance.

Friend B said: I have seen this when I worked at an exchange; there is no issue with their identity.

Then, my investment in StandX basically remains unchanged since May.

Mainly because I can't withdraw funds now; if the projects in hand can be completed in stages this June, I will allocate some funds to StandX.

Also, if anyone has spare money, you can deposit some here; the current APY is 5.08%, but there are points distributed, so the sooner you deposit, the sooner you can earn points.

Finally, I hope StandX can issue OG NFTs to early depositors, after all, we supported them with funds early on, right?👀

Oh, by the way, points also have bonuses; if you don't mind, you can use my link to enjoy a 5% points bonus.