BR: Will it become the next ZKJ? The core issue of community concern
After the explosion of ZKJ and KOGE, many users are wary of tokens with high liquidity and high trading volume. The core question is: Will BR also crash?
From the perspective of on-chain data and project design, the situation of BR is obviously different from that of ZKJ:
The project party has almost no room for crashing
Currently, the scale of BR's liquidity pool exceeds 40 million US dollars, and the circulating market value is only about 10 million US dollars. The project party has no ability and no motivation to destroy the existing ecology.
Real liquidity, not a "washing volume trap"
BR's liquidity mainly comes from the protocol's own funds (Protocol Owned Liquidity), and the on-chain address will also be made public. This part of the funds will be locked in the future to increase community trust.
Project party motivation: earning fees + building an ecosystem
By continuously providing real liquidity, the project party can obtain a certain proportion of transaction fees every day, which is a reasonable long-term income that helps the continuous iteration of products and community building. At the same time, deep liquidity also lays the foundation for more BR usage scenarios in the future (such as staking, lending, and cross-chain).
In summary, BR is more like a long-term, safe tool for obtaining Alpha points, rather than a short-term liquidity trap for pulling up the market and cutting leeks.
Opinion reference: https://www.odaily.news/post/5204520