Recently, I listened to @GalaBNB's other boss's Space, which had a spirit of restoring the glory of the BSC chain. Women are no less capable than men, which made me regain confidence in the BSC chain! In fact, the earliest wealth effect and good impression of the BSC chain was when chain games were popular in 2021. At that time,#RACAYuanshou, #BNX, and later running shoes, and then star sharks, basically each one made a fortune.
Now that blockchain games are no longer popular, the glory of the BSC chain will be entrusted to the meme track. After all, each chain is now building its own pumpfun. Everyone recognizes the value of meme to a public chain. It is not only the transaction volume and traffic attention, but also the key to the deflationary consumption of a public chain’s sovereign token. Take the SOL chain as an example. An average of about 30,000 meme coins are launched on pumpfun every day. Each meme coin locks 10 SOLs, which will bring a lock-in consumption of 300,000 SOLs every day. The ETH chain, which was popular in the last cycle, uses the Opensea NFT market as the medium for locking. If you understand this principle, you will know why supporting the meme coins of your own public chain is a long and arduous task!
So our team selected many meme coins in the BSC chain and mined#WHY(@whyanelephant). First of all, this elephant is very cute and chill, isn’t it?
In addition, the#WHYtoken is a representative of the innovative MEME model in the BSC ecosystem, aiming to create unique value for users and the public chain ecosystem. Its unique design and value expression are what attract us the most:
1. Unique mechanism design
#WHY tokens charge 1% transaction fees through the V3 mechanism and are directly injected into the liquidity pool to achieve a deflationary effect. Unlike the burning or repurchase model of traditional MEME tokens, WHY chooses to directly enhance the depth of the pool to ensure a more stable price and provide users with a better trading experience (the current pool is as high as 16.3 million US dollars, the deepest pool, no doubt).
2. Ecological feedback and long-term value
The 1% handling fee has little impact on retail investors, but it effectively blocks frequent transactions by market makers and large investors, forming a trading ecosystem dominated by retail investors. This design not only supports the long-term stability of token prices, but also indirectly increases the value of the BSC public chain by returning transaction fees to #BNB.
3. Low threshold and high compatibility
The innovative model of#WHYtoken combines simplicity and functionality, does not require complex mechanism understanding, and lowers the threshold for user participation. Its design is suitable for the new generation of IQ50 users, catering to their interest in MEME culture and meeting the BSC ecosystem's needs for simplified experience and rapid expansion.
4. Common interests of public chains and communities
#WHY The token mechanism takes the BSC ecosystem as the biggest beneficiary, and provides continuous impetus for the ecological construction of BSC through the continuous expansion of the liquidity pool and the deflationary effect of transaction fees. This design strengthens the binding relationship between the public chain and the token, laying the foundation for future promotion and application.
So you will find it easy to understand why Binance recently launched the#WHYtoken. After all, value capture is a huge beneficiary for both the BSC chain and BNB, and creating a benchmark is of great long-term significance!
Another thing is the official cooperation between#WHYand @TrustWallet, and#TrustWalletis the son of Binance, which actually has very obvious empowerment value. Will there be some new ways of playing in the future, such as staking#WHYto participate in #TrustWallet's Launchpool; or#WHYas one of the participating media of BSC chain pumpfun, etc. After all, such a deep pool brings stability and security elements to many applications and innovations!
Summary: The#WHYtoken integrates a variety of innovative gameplays, which not only satisfies the interest of new users in MEME culture, but also injects long-term value into the BSC ecosystem through mechanism design. It is an important milestone in the evolution of the BSC MEME ecosystem and deserves long-term attention.