The original Binance contract team is starting a second venture, the head mining activity has few participants and is not competitive, are you sure you want to rush in?

Today I checked my points on Standx, my main account has set up a few thousand USDT in LP, currently the total points across the network is 114, I need to find some time to grind Swap and aim for the Top 100.

To be honest, StandX is one of the key projects I am focusing on this year, determined to achieve significant results. Regarding the logic, I have shared it many times before, but let me reorganize it today:

① The StandX team consists of core members from the original Binance contract business, I got to know them when I entered the space and witnessed firsthand how they built the Binance contract business from 0 to 1.

② The project operates with its own funds and does not consider attracting VC investment in the short term. The only support it accepts is from the Sol Foundation, likely due to strategic resource considerations.

③ The team maintains good communication with Binance: they were invited to participate in a special dinner hosted by Binance Labs, and those who know, know: BSC’s official Twitter has retweeted in support.

④ The contract business is expected to launch in July at the earliest. The currently available pre-deposit activity = head mining, where you can mint DUSD using USDT/USDC to earn points + annualized returns. There are no lock-ups, and you can exchange it back anytime, plus you can earn more points through forming LPs, stablecoin Swaps, etc.

⑤ The head mining activity has few participants and is not competitive. My secondary account set up an LP of 120 USDT, and without any Swap activity, my ranking across the network is 1186. A little trading can easily boost my ranking into the hundreds, making it very cost-effective.