#山寨季來了?
Last night at 721, Binance announced that trading on limit orders can earn 4 times the points, and everyone was really excited, with some investors pulling out their funds overnight.
Today many friends went to trade, you can read the content yourself, I will provide a simple interpretation.
The ability to earn 4 times the points on limit orders looks great, but there is one problem: who will add liquidity to the pool? Because the money from trading goes straight into the exchange's pocket, only the money traded on-chain can reach the investors.
If you were an investor, would you take hundreds of millions in real money to create a pool to benefit the exchange, while you end up with nothing?
This is my personal opinion, feel free to criticize if you disagree.