Why hasn’t Binance listed rats spot?

Author: Jason Chen, independent researcher Source: X, @jason_chen998

You may have seen all kinds of news from small and large channels recently. They have been saying that Binance will launch rats, especially last week, but in the end they just launched one. It’s just a joint event. I have shared with you the logic behind Binance not listing RATs before at the small dining table, but after thinking about it for a long time, I decided to talk about it publicly. The reason why I didn’t talk about it publicly before is that after all, there is a large currency holder group, and I am worried about the possible It will have unnecessary impact, but I only share my logic and it may not be accurate. It is for your reference and you will understand by listening. Welcome to discuss and exchange.

First of all, we must understand thatBinance is now fighting a web3 wallet war with OK, whether it is poaching people with high salaries , or a large number of marketing activities, as well as my actual personal experience of these two wallets, it can be seen that Binance is lagging behind OK in the web3 wallet.

Binance’s anxiety makes it necessary to win this battle in the web3 wallet, which is Binance’s current strategic priority.

Because of this, many people's logic is that Binance will win by listing rats spot, but this is exactly the opposite.

Imagine, if you are He Yi, you have two choices at this time. List rats spot on CEX. Your advantage is that you can get a huge Transaction fees for community currencies, but putting this benefit in the priority of the entire strategy just mentioned is a disadvantage, because what you want now is to let more people use your immature web3 wallet, so that everyone can When trading in CEX, if you list the spot on CEX with your left hand, does it mean that the DEX on your right hand is drained?

Sacrificing the activity of the web3 wallet for the transaction fee of one currency is a failure based on the overall group strategy. Rats have huge traffic like this Will you put the currency in CEX, which is already very strong and occupying the leading position in the industry, or will you put it in DEX, which is at a disadvantage but has the highest priority? Who are you? How do you choose?

So this is why I think Binance has been resisting the pressure and has not been able to spot rats. Maybe by the time the web3 wallet can compete with ok or even take advantage. Binance is not afraid of sucking its own blood and will consider going online.

Please note that this article does not contain any investment advice, support or fud sentiment. It is only an objective analysis of logic. What I say may not be correct.