The dilemma and breakthrough of tradable assets.
When I buy the dips BTC at 19700, which was also when I first started tweeting, I discussed the relationship between Binance spot and futures trading volumes and bull and bear markets.
In the current situation, everyone feels that the market is barren, lacking liquidity and the desire to trade.
In terms of spot market:
Spot trading and futures trading are two separate departments and should be evaluated separately. However, those in the listings department, facing performance targets based on trading volume, can only choose the less error-prone approach, after all, they are just employees.
Previously, I chose a T1-level crypto VC investment and selected @cz_binance (user ID: $genius) as an advisor. Regarding security, I'll pair it with $opg.
So, the next step is to stimulate spot trading volume.
The only growth points here are similar to the logic of ton and pi, using a web2-wide approach to attract outsiders, or building consensus outside of the Binance ecosystem to drive spot trading.
Regarding the contract:
$esports This definitely won't be the first one.
There is a paradox here, assuming that the coin with contracts but no spot trading and high control is using a small-scale, high-volume approach.
Contracts do not need to be submitted to market makers. If he cannot make money on 60% of his own OIs, and there are no counterparties, his cumulative OI account behavior can easily be flagged, triggering risk control measures.
Finally, they sell their physical goods to cash out and wait for the next wave; this is the dilemma of contracts.
Accumulating OI (Olympiad in Informatics) relies on promotion and events, which esports lacks, and that's all they can do.
Besides stocks and commodities, contracts also need to be combined with spot trading to create a formula for trading new coins, similar to the Launchpad market.
Predicting the market:
The Time Trench here represents a new frontier for expanding trading volume, treating prophecies as tradable assets.
At the time, the CEX main site interface implemented event contracts, and I wrote several practical examples, but not many people used them, mainly because the product's functionality was too limited.
The issue is that the predictable assets available for transaction within the event-driven market are too limited, such as FOMC.
Event contracts, combined with the fast-paced, word-picking trading habits of the two major trading firms and news-based trading, have created more unique trading assets. If liquidity is well managed, they can be considered to have caught up with the trading volume of contracts.
Binance has taken the lead in this regard, setting a precedent that other exchanges will find difficult to surpass.
Awesome!
@heyibinance @yaya_bnb @moonkimbinance
