I used to think that serious assets like #稳定币, #美债, #STO, and #RWA should be issued on the #ETH mainnet, at least ETH mainnet, supplemented by other chains. But in the last two years I've seen more and more of these assets being issued on #BNBChain, #Solana, #Tron and #Base, and I've started to change my mind. Although these chains are not as decentralized as ETH chains, they have obvious advantages due to less transaction friction and higher transaction activity. There is another advantage, which I only realized recently, that is, for most issuers, they want to have precipitation funds, if these chains are hung up one day, the issuer can say that this is the problem of the public chain, not the problem of their own issuers, and then there will be a large number of assets passively locked on these chains. Just like opening a centralized exchange, the longer it opens, the more funds will be deposited. If you are "forced" to shut down due to force majeure reasons such as policies, you just need to leave enough time for users to withdraw. However, even if users are allowed to withdraw money, many users will always leave a lot of precipitated funds due to too long to forget, the amount is too small, or other reasons. This reminds me of a small exchange that has been in business for 4 years in 2021-2022, and after liquidation, it also earned nearly $200 million in precipitated funds.
Show original
17
274.14K
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.