Changpeng Zhao plans BNB Liquidity Repliance, Snubs Token Sends

The former director of Binance Changpeng Zhao announced plans to support the ecosystem of the BNB chain providing liquidity to the weekly winners of the program, and at the same time dealing with attempts to attract their attention to donations.

U x post is 28. February, Zhao stated that he would add “several hundred BNB (Bnb) in liquidity “Weeks of the BNB Chains until its assigned funds are exhausted. It remarked that the program administrators are likely to extend the eligibility outside the token meme to include larger project caps for market and additional sectors.

The initiative aligns with the BNB program for the launch chain support program 18. February. This program emphasizes top meme coins by adding lasting liquidity of the BNB to conquer the project pools from the BNB chain wallet.

Winning tokens must be foled in BSC through approved platforms, including four.mems, Burve, Gra.fun, Pinsale, Flap, Tokenfi, Bepper, Holovorldai and Pancakeswap’s springboard.

Zhao: Sent tokens will be left or burned

Zha’s announcement came with a pointed warning to those trying to send tokens to their address, hoping for the answer.

“If you send funds to this address with expectation that I will send them back so you have a linked transaction or interaction with me, then you are greedy,” he said.

The former chief of exchange explained that the return of such tokens would create unnecessary work and encourage more opportunistic sending. Instead, Zhao plans to leave the tokens untouched or burning. “I will not support any tokens,” he emphasized.

Zhao also briefly considered the conversion of received tokens on the BNB, similar to the founder of Etherum Founder Vitalik Baterin with an unwanted token. However, he left this idea after considering the market influence on the concerns of existing owners and the necessary additional efforts.

“I usually choose the smallest amounts of work,” Zhao noticed.

The statement shows Zha’s approach during its limited participation in the crypto markets while serving a four-month prison sentence for a breach of money laundering. During that period, he maintained the surprisingly active presence of social media, regularly commenting on market conditions.

In a recent post addressing market instability, Zhao advised that investors feel under stress should consider the reduction of their exposure.

“DIPs are part of free markets. Not financial advice. If you are pronounced, you should probably reduce the size of investment,” Zhao wrote, written by crypto as “World Shift”.

Zhao resigned as the Director General for Binance in November 2023. years. Inherit him Richard Teng.