Winds Rise in Central Asia: Future Prospects of Sovereign Chain Infrastructure + RWAFi
Recently, the on-chain financial winds of Central Asia, particularly in Kyrgyzstan, have been blowing stronger and stronger. On October 25, after the visit of @cz_binance, it was announced: Kyrgyzstan is about to launch CBDC+ stablecoin (KGST), which is all based on @BNBCHAIN.
A single stone stirs up a thousand waves.
Recently, @yzilabs announced the investment in sovereign chain infrastructure @ethsign, which has revealed more design details of its collaboration with Kyrgyzstan on CBDC+ stablecoin (KGST), allowing people to see for the first time the unique value and role of the dual-layer architecture on the SIGN sovereign chain.
The RWA platform of the BNB Chain ecosystem @PicWeGlobal took the lead in launching the first Kyrgyzstan hydropower plant RWA in October, and announced full support for the integration of Kyrgyzstan's national CBDC+ stablecoin (KGST).
How to use the existing four protocols on BNB Chain to unlock a trillion financial value of RWA?
Recently, Binance's fund @yzilabs released a research report on the ecosystem surrounding BNB's value; the original link is as follows: https://x.com/yzilabs/status/1983528042531266752
After reading this research report, I have three feelings:
1. BNB combines platform tokens, public chain tokens, and ecological equity certificates into one, making it one of the few assets with valuable support at present.
2. The Binance ecosystem, especially the various DeFi protocols within the BNB Chain ecosystem, is already complete and well-developed, with protocols nested and combined with each other, forming a self-contained financial ecosystem on the BNB Chain.
3. The last feeling is that when the BNB Chain ecological infrastructure is fully equipped and all on-chain financial gameplay has reached perfection, what will be the next trigger to ignite on-chain finance on the BNB Chain?
Responding in advance to CZ's call, PicWe, based on the BNB Chain, helps Kyrgyzstan open the on-chain RWA era.
On October 25, Binance founder CZ announced on Twitter: Kyrgyzstan's national stablecoin KGST has launched on the BNB Chain, and the country will establish national cryptocurrency reserves including BNB and BTC. Finally, CZ calls on more cryptocurrency practitioners to explore blockchain entrepreneurial opportunities in this Central Asian country.
However, just two weeks before CZ's tweet, the RWA asset issuance and trading platform—PicWe had already launched the RWA project of the Isfayram hydropower station in Kyrgyzstan, becoming the first decentralized platform in the country to practice asset tokenization.
It is worth noting that PicWe operates on the BNB Chain.
What is the underlying logic behind the continuous transformation of blockchain wealth waves?
Over the past decade, the blockchain industry has created one wealth myth after another. Every round of blockchain wealth transformation seems elusive, but it follows a basic principle - every wave of blockchain wealth is driven by a brand new 'asset issuance paradigm.' From 2014 to 2017, the new asset issuance paradigm initiated by ETH - ICO, kicked off the first wave of wealth in the blockchain industry. ICO (Initial Coin Offering) refers to the initial token issuance, where project parties bypass financing intermediaries like VC, directly reaching retail investors with a white paper. ICO has created numerous projects and countless 'ICO millionaires.' The renowned Hashkey gained fame by investing in early ETH; BNB, which increased over 10,000 times in 8 years, was also financed through ICO, and even Sun's Tron was launched with ICO financing.
The first time I watched Sister's live stream was on "Yizhibo".
Those born after 2000 probably don't know about Yizhibo. This is also a live streaming platform created solely by Sister. It's similar to the current Binance Live.
At that time, @heyibinance was probably in its foundational period.
In 8 years, @heyibinance has already reached the breakthrough "Yuan Ying period". Directly going to the "Da Cheng realm".
The speed is so fast, and the actions are so cool. She can be called the female version of Han Li in the cryptocurrency cultivation world (Han Li - the male protagonist of "A Record of a Mortal's Journey to Immortality").
There are many flower performers in the cryptocurrency circle, but there is only one female martial artist.
That is the model of cryptocurrency cultivation - Sister.
@Yi He go watch "A Record of a Mortal's Journey to Immortality".
Will PUMP.FUN’s coin issuance really bring down Solana?
The news that Pump.fun is preparing to raise $1 billion at a valuation of $4 billion has spread like wildfire. Interestingly, the community's attitude has become polarized. The Solana establishment believes that Pump.fun is a cancer in the Solana ecosystem. The team is making a lot of Sol but keeps dumping the market. They don’t even do staking. They have no faith in Solana. At the end, they want to squeeze out the last bit of liquidity. They really eat it all up without leaving anything. In a word, they are greedy and don’t care about the lives of others. The “never forget the well-digger” faction believes that Pump.fun has created a new paradigm for asset issuance, saving many retail investors from the endless suffering of the evil VC coins, giving retail investors the opportunity to make big money, and creating many A7, 8, 9, and 10. Pump,fun can be said to have done a great deed in saving people from suffering. The issuance of Pump.fun coins will not only not bring down Soana, but will bring the .fun paradigm to a higher level, making the issuance of assets on the Solana chain more prosperous.
I have been using defi.app for over half a month, and today I want to share my usage experience and discuss my views on the keyless wallet space. First, let me throw out a bold statement: Every change in private key management methods will give rise to new asset trading and management paradigms.
Start of the main text: Firstly, defi app is trying to create a Web3 product with a Web2 experience. According to the official statement, it aims to build a Web3 product that even my grandmother can use. So far, it has basically achieved the first half of this goal, which is to lower the entry barrier. When starting to use defi app, there is indeed no need to write down a seed phrase; you can activate it with just a Google email, which is quite similar to the experience of Web2 products. The first step of entry is crucial, and it needs to be extremely simple and convenient. Defi app has achieved this in its first step.
Old money and institutions choose ETH, retail investors choose Solana
#以太坊的未来 Choose ETH or SoL? This is actually a role-playing question. Recently, I collaborated with a very professional research team to write a report comparing Ethereum and Solana. Thus, we dug into Ethereum and Solana across multiple dimensions from underlying technology to ecological status.
Finally, I arrive at a provocative conclusion: old money and dreamers choose Ethereum, while retail investors choose Solana.
Of course, the old money here does not all refer to the traditional sense of Old Money, but refers to the industry old money that has been immersed in the crypto industry for many years, as well as some traditional Old Money (like BlackRock, etc.) that has been attracted by crypto. Of course, even older money may directly choose Bitcoin.
Just now, the largest smart wallet in history was born — BNB Chain Foundation
Just now, @BNBCHAIN announced that they will launch a very straightforward BNB Chain ecosystem support plan — directly buying tokens. That's right, you read that correctly. The BNB Chain Foundation's official address buys tokens on-chain with real names, and they announce it after the purchase. Just now, the foundation has already released the address: 0x511DfE9E248c887E32ca8bF9d1cb76f101965060 @Cyrus_G3 directly referred to it as the largest smart wallet in history, keep a close watch. When I say it's the largest smart wallet in history, I mean two things: First, the brand is the largest, and second: the funding is the largest. Is there anyone who wants to refute?
Just arrived at Binance Square and happened to write a long article about the newly launched peer-to-peer lending market @ListaDAO . Welcome to discuss the viewpoints mentioned in the article.
CG 一剑
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In-depth Interpretation|Lista Lending's Peer-to-Peer Lending VS Traditional Peer-to-Pool Lending
#ListaLending革新BNBChain借贷 Lending protocols have always been an important infrastructure in the DEFI field. Since the 2020 DEFI Summer, there have been few major innovations in lending protocols. The peer-to-pool lending model represented by lending protocols such as Aave and Venus has been dominating the lending market. On April 11, Lista DAO on the BNB chain launched a brand new peer-to-peer lending model. I dug into Lista Lending and found some interesting points. This article will deeply analyze the specific innovations of Lista Lending, the operating process of the peer-to-peer lending market, the similarities and differences between peer-to-peer lending and peer-to-pool lending, and the benefits that Lista Lending may bring to the BNB DeFi ecosystem.
In-depth Interpretation|Lista Lending's Peer-to-Peer Lending VS Traditional Peer-to-Pool Lending
#ListaLending革新BNBChain借贷 Lending protocols have always been an important infrastructure in the DEFI field. Since the 2020 DEFI Summer, there have been few major innovations in lending protocols. The peer-to-pool lending model represented by lending protocols such as Aave and Venus has been dominating the lending market. On April 11, Lista DAO on the BNB chain launched a brand new peer-to-peer lending model. I dug into Lista Lending and found some interesting points. This article will deeply analyze the specific innovations of Lista Lending, the operating process of the peer-to-peer lending market, the similarities and differences between peer-to-peer lending and peer-to-pool lending, and the benefits that Lista Lending may bring to the BNB DeFi ecosystem.
Since 2024, as Bitcoin breaks its previous high ($69,000), Ethereum has increasingly distanced itself from its previous high ($4,800), leading to growing market skepticism towards Ethereum. By February 2025, Ethereum fell below $3000, in March it fell below $2000, and in April it even fell below $1500. The market sentiment towards Ethereum has gradually shifted from doubt to despair and abandonment. Many ancient addresses from the ICO era have begun to gradually clear their Ethereum holdings. Many leading institutions that once supported Ethereum have also begun to waver. What exactly happened to Ethereum?
Is BTC Layer 2 a false proposition? When I typed this title, I knew I would offend a large group of people, but I might just be stating a fact that everyone is unwilling to admit. Since June 2023, I started paying attention to the Bitcoin Layer 2 track, spending a lot of time researching Bitcoin scalability technology and following some teams that I believe have considerable technical content, such as Stacks, BEVM, Bihelix, Bool Network, as well as solutions like BitVM and RGB. After researching, I found that BTC Layer 2 indeed seems to be a false proposition, as Bitcoin does not need Layer 2; it is the crypto industry that needs Bitcoin. Moreover, Layer 2 is merely a business, not a blockchain at all; the critical issue is that Layer 2 cannot help the main chain scale; it merely finds some application scenarios for the main chain's tokens, and these scenarios are mere copies of Layer 1 with no innovation.