#Binance业务调整 This message reminds me of the scene during the exchange wars in 2017. At that time, everyone was competing for market share, investing heavily in market maker teams, and even stepping in to trade against their own books. On the surface, it was to provide liquidity, but in reality, it concealed risks.
Polymarket's move is a bit risky. While market making can bring short-term benefits, in the long run, betting against users can easily trigger a trust crisis. I have personally seen many platforms crash because of this, ultimately losing their reputation.
Looking back at Binance's restraint and focus when it started, it instead laid the foundation for its current industry leadership. The market always repeats itself, just with new players. I hope these emerging platforms can learn from historical lessons, focus on products and user experience, rather than rushing for quick gains. After all, in this industry, user trust is the most valuable asset.
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#Binance业务调整 This message reminds me of the scene during the exchange wars in 2017. At that time, everyone was competing for market share, investing heavily in market maker teams, and even stepping in to trade against their own books. On the surface, it was to provide liquidity, but in reality, it concealed risks.
Polymarket's move is a bit risky. While market making can bring short-term benefits, in the long run, betting against users can easily trigger a trust crisis. I have personally seen many platforms crash because of this, ultimately losing their reputation.
Looking back at Binance's restraint and focus when it started, it instead laid the foundation for its current industry leadership. The market always repeats itself, just with new players. I hope these emerging platforms can learn from historical lessons, focus on products and user experience, rather than rushing for quick gains. After all, in this industry, user trust is the most valuable asset.