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Alex Guimarães
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Bullish
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Pre-Sale of Hana Network that will likely be listed on Binance as it is being incubated by them.
Pre-sale: $0.04 (5% of supply)
Vesting
100% at TGE
Max Supply
1B
#HanaNetwork
#Presale
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Alex Guimarães
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@lista_dao just did something great today — breaking the monopoly @VenusProtocol has held for years over $BNB lending. The people have suffered under Venus long enough. Venus, knowing they had no real competitors, once intentionally tweaked their interest rate model for BNB lending as soon as they saw more users borrowing BNB for launches. How steep was it? 5% → 29.68% Yup, at a certain utilization level, borrowing just 1 more BNB could cause the interest rate to 6x for everyone. Crazy, right? It’s like a tourist spot suddenly pump ticket prices because too many people showed up: “take it or leave it.” Thanks to this BNB lending monopoly, the Venus team basically stopped innovating and just sat back collecting yield from users borrowing to ape into launchpads. Like some kind of DeFi couch potato living off their parents (aka retail users). But as Binance launchpad returns have been drying up lately, borrowing $BNB to participate has become a net negative for most users. The game was rigged. Today though, @lista_dao launched their own BNB lending pool, capping interest at just 12.7%. Everyone in my wechat group immediately started moving over, and within minutes, Venus’s BNB borrow rate dropped to 5% 😂😂😂 Wouldn’t be surprised if Venus has to revert their rate curve soon — otherwise, no one’s gonna stick around. All in all, this feels like a healthy step forward for the recovery of BNB Chain. Love to see it.
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