Gyingjie

Today's Binance Alpha interaction has been completed
Trading target: ZKJ
Number of trades: 16 times
Trading amount: 1024u level
Trading slippage: 0.01%
Trading wear: 3.36u
Trading route: PCS

First: Today, I spent 5 USDT to buy BNB as gas fees;
Second: ZKJ has returned to the top of the trading volume ranking, and the wear has also entered the normal range;
Third: Today, I tried 0.01% slippage, it was very smooth with no failures, but the wear is almost the same as the previous day's 0.02%;
Fourth: Today
@humafinance
went live, hoping the score meets the standard, let's all get rich together, and enjoy!

Surprised or not, unexpected or not.
Rolling to death on you.

Worn out hundreds of U without getting a single airdrop, met the conditions but was told my account was under risk control, gave up, watching the score drop day by day.

Hong Kong throws out a big bomb! The "Stablecoin Regulation Draft" has officially landed, putting the first "compliance shackles" on global stablecoins! This legislation directly sets three red lines: a paid-in capital starting at HKD 25 million, reserves must be 100% backed by issuance, monthly public audits, and stablecoins pegged to the Hong Kong dollar from overseas must also be licensed—TerraUSD, which collapsed back then, wouldn't even qualify for registration in Hong Kong! In contrast to the US and Europe still bickering over regulatory details, Hong Kong's "hard rules + full jurisdiction" approach has directly become a global regulatory textbook.

This move harbors great ambition: 90% of global stablecoins are settled in USD, but Hong Kong allows the issuance of stablecoins in HKD, RMB, and even multi-currency stablecoins. Standard Chartered has tested "HKD stablecoin + digital RMB" cross-border payments, and in the future, businesses in the Greater Bay Area may find it as simple to pay for goods with stablecoins as sending a WeChat red envelope. Citibank predicts that by 2030, the stablecoin market could reach USD 3.7 trillion, and Hong Kong aims to solidify its position as a "super node in digital finance," breaking the dollar's monopoly in the crypto world.

Hong Kong's "balancing act" is most remarkable: it requires stablecoins to have "transparent financial records" to prevent crises, while also allowing for a "regulatory sandbox" to encourage innovation. For example, Hong Kong Telecom plans to integrate stablecoins into the electronic wallets of 8 million users, potentially connecting with mainland Alipay in the future. It neither imposes a one-size-fits-all ban nor allows chaotic situations to prevail; Hong Kong proves that regulation can pave the way for innovation. This experiment in the "Eastern Financial Center" is rewriting global crypto rules. Do you think Hong Kong can become the "new center of digital finance"? Let's discuss in the comments! Share and follow to track the progress of stablecoin licensing! #香港推出稳定币

Why don't I speak... because I'm really annoyed (⊙o⊙)

Main Player: I'm about to pump it!
Retail Investor: I don't believe you! You're trying to trick me into getting on board again.
Main Player: This time I'm really going to pump it, are you getting on board?
Retail Investor: No!
Main Player: If I pump it to 30%, are you getting on board?
Retail Investor: No, it’s definitely a trap! What are you going to use to pump it with no liquidity?
Main Player: Then I'll pump it to 50%, are you getting on board?
Retail Investor: Are you serious? Let me see some more!
Main Player: I'll pump it to 100%, you mean you won't be tempted?
Retail Investor: Wow, are you really going to pump it? But there’s no reason for it!
Main Player: I'll continue to pump it to 200%!
Retail Investor: I don't care anymore, I’ll just join a bit, missing out will feel awful!
Main Player: Continue pumping to 300%
Retail Investor: I'm such an idiot, if I had joined earlier I would have made back my investment!
Main Player: Not enough yet, continue pumping to 400%
Retail Investor: Wow, this is too intense, I can't take it anymore, I'm all in!
Main Player: Let’s go down!!!

So don’t just keep staring at that heat map looking at the long-short ratio, it has some reference value but don’t take it too seriously. In cases of severe long-short imbalance, there is definitely an expectation of a pullback, but when the pullback happens you need to understand market expectations! Otherwise, your “perspective” is too small!
If you really need a reason, it’s: the market's FOMO sentiment is still not enough! $ETH