Regarding this incident, everyone might think: "What does this have to do with me?" But in fact, you can think deeper: Why would Binance risk being criticized and causing another PR disaster to do this? Could it be... that the potential benefits of doing so have become so large that they are willing to tear off their facade and use such small tactics to seize governance rights? 1/n twitter.com/ice_frog666666/sta...

If PancakeSwap is unimportant and irrelevant, is this necessary? Does this indirectly reflect the current value of PancakeSwap, and may it even affect Binance’s future strategic deployment? 2/n

With the threat of Hyperliquid in front and regulatory pressure in the back, plus CZ can no longer participate in or interfere with the operation of the exchange, what else can he spend his time on? Will it be education or BNB Chain? Will PancakeSwap be an important part of Binance's next layout? 3/n

Pancakeswap’s current FDV is 720M, with 561M transactions. In the past year, it had a transaction volume of 250 billion and collected 301M in transaction fees, of which 101M was Pancakeswap’s protocol revenue. The annual revenue is already 1/7 of the entire protocol’s market value. Under the Tokenomics 3.0 proposal, revenue will be used to destroy $CAKE, with the goal of achieving a 4% deflation rate. 4/n

There are a few questions worth thinking about. Will this be a potential boon to the price of $CAKE? Is there any price in the market now? Will the protocols hurt by the veCAKE mechanism being cut sell off $CAKE in a rage? If there is not another force that is strong enough to offset this selling pressure, is the 300M revenue just a flash in the pan due to the popularity of memecoin a while ago, or is it sustainable? 5/n

After Trump issues the coin, will the market start to pay attention to some projects with substantial income? Or will you continue with the previous PVP games? Is this story attractive enough? Are there any retail investors or BNB whales willing to buy and push up the price of the currency? What price would you be willing to pay? What do you think? 👀 6/n