今天看到中文社区一些朋友对过去币安广场评选获奖KOL的一些质疑和建议，我们有认真听，也有扎实的迭代。在过去两年币安广场的用户和KOL主要靠一些同事在各个平台邀请入驻，从内容、直播到实盘跟单，品类不断扩充，甚至往年做KOL评选在X上也无人在意，一些KOL的资金规模和影响力确实和今年的候选人有一定差异。这两年同行有了类似产品的出现，市场开始充分竞争，而币安广场的评奖也获得了更多的关注与热情，总体来说是好事。 这里特别感谢熬鹰老板指出其他用户复制博主策略的抵制建议，目前已经上线；也感谢小洪老板的建议，我们会进一步跟进。很多朋友询问跟单的用户是否存在解绑自己的可能，这里声明：跟单佣金是币安广场增加的预算和原有返佣并不冲突。如果你是实盘、带单博主，目前还没有在币安开启体验，欢迎联系@pearbinance @moonkimbinance 手把手入驻。 如果你是内容博主，欢迎你在广场输出更多垂直内容，币安有大量新手用户，他们对投资和我当年初入股市一样，还在摸着石头过河，高质量的内容在任何平台都具有稀缺性。 对于一些朋友反馈直播有交易员跳舞的问题，我们这个行业还是宽容度比较高，我们的用户确实比较有多样性，可能是华尔街精英、传统大佬，大型金融机构，也可能是单身富婆、全职娇妻，hongkongdoll、外卖小哥，医生、教授；我们3亿+用户和X相去甚远，但还是有一定的多样性。 同时，也提醒大家，目前对于从币安导流到第三方平台会触发群聊封禁，甚至账号封禁。 罗马并不是一天建成，币安和币安广场都是从无到有，而你们的建议是罗马的一砖一瓦，我们会认真搬好每一块砖。再次感谢大家的建议和意见。 如果你还没有成为币安广场的一员，欢迎联系@yingbinance @CYZhang01

Scoop: a16z's flagship blockchain fund plans to drop "crypto" from its name and rebrand as a16z frontier. a16z crypto was one of the first and largest mainstream blockchain funds, raising a monster $4.5 billion vehicle in 2022, and more recently a $2.2 billion fund earlier this year. Andreessen Horowitz also became one of the most vocal—and deep-pocketed—defenders of crypto in Washington, D.C. Longtime general partner Ali Yahya is also leaving the fund. a16z crypto has already been investing in non-blockchain startups like Kalshi and the AI compute market startup Ornn, and this move to expand beyond crypto echoes recent strategies by other top blockchain firms including Paradigm and Haun Ventures. Still, general partner Chris Dixon has long been a public face for the Web3 movement, and the decision represents a symbolic shift for one of the most prominent crypto venture operations. Full story here: theinformation.com/articles/…

群友发了个数据，我算是知道为啥我炒A股会亏钱了。 与美股相比A股那都不是零和游戏了，是负和游戏。 20年玩下来总值竟然还是负28%😂😂😂 再碰大A我是狗🐶

叮叮叮 这应该是第三次CZ发推提到 @predictdotfun 了，虽然不能说明什么，但至少在我刷预测市场的优先级里Predict.fun 要提前了。 还没有开始玩的可以试试，传送门： predict.fun?ref=66666 玩下来几个经验： 1、找24小时交易量大的市场玩 2、看好一定是标注了“points active"的玩 3、这个项目发币估计时间还早，尽量边玩边赚，别着急光给磨损换分。 更多攻略回头再分享

Axis上Coinbase了，之前说过这个项目应该不会差的，Base这边也一直挺支持他们。 另外 @KaitoAI 的榜单也出来了，很多人没留意还有这么个嘴撸的项目，看了下拿到币的不少是小博主，等TGE后搞不好能吃肉。 最后恭喜 @axisrobotics 和 @0xsexybanana 一下。

New name. New CEO. Next up, the @Nasdaq Opening Bell. 🔔 On October 26, BNB Standard (Nasdaq: $BNC) will ring the @NasdaqExchange Opening Bell to celebrate our new name and leadership, with CEO @odagius alongside members of our Board of Directors, management team, investors and ecosystem partners. More details in today's release: bit.ly/4zF1nbv #NasdaqListed

We are excited to share that $AXIS has been added to the Coinbase listing roadmap. Proud to be building robotics on Base since day 1. Huge thanks to @base, @baseapac, and everyone in our community for the ongoing support. Excited to scale Physical AI with @Coinbase.

昨天终于跟巫师 @0xcryptowizard 见到面， 聊了 2 个多小时，如果不是后面约了 Metamask 其实还想继续聊，意犹未尽。 与不同的人聊不同的事，如果大部分与币圈小伙伴聊的是眼前的机会，是具体的某个投资或者交易，是“术”，那么与巫师聊的是可以跨度一生的投资逻辑思考，投资体系搭建，是如何完善自己，是“道”。 现在我也理解巫师为什么会经常在推上输出那些类似哲学家似的观点而不是具体 call 某个标的。 他跟我聊王阳明的心学，聊知行合一，聊如果资产再涨 10 倍与资产缩水 10 倍会带来怎样的影响进而调整投资风格，聊查理芒格也有耐不住跳出自己投资框架差点破产，聊如何搭建完善自己的交易框架并追逐自己的“道”，内容非常丰富，知识体系非常之庞大。。。。 真的很有意思，我每天忙忙碌碌的追逐各种机会，其实已经很久没能静下心来思考投资和交易的本质，全凭本能在对自己的投资体系修修补补。与巫师这种思想家的碰撞可能触动和收获会远大于我跑个会捡到5个未来大满贯项目的投资。 之前有读者问过我一个问题： 看你们推上晒天天赚钱，怎么也不见退休呢？当时我的答案是因为赚钱上瘾，刺激太强外界我找不到更好的替代方式。 现在我觉得还有一部分答案是： 在这个过程中我有机会发现自己不足的地方，认识到与高手的差距和自己的优势，然后想尽办法完善自己。且我可以通过一个个投资机会的表现检验自己是否有进步和提高，而赚取到的欢乐豆是最直接的成果反馈。 再简单点说，就是在修炼投资的过程中变成更好更强的自己，这跟打游戏不断给自己的角色升级的沉迷感很像。 至于你的天赋是在投资/交易/套利/撸毛/社群什么地方，这在早期都得尝试一下才能知道，就跟你打王者荣耀自己擅长哪个角色，哪个分路跟贴近你性格一样。 之前只是有个模糊的感觉，昨天跟巫师聊完以后思路更系统和清晰化了， 未来还有几十年的时间完善自己的投资和交易之道，这玩意儿跟修真小说里的情节很像，追逐道的过程永无止境，是一辈子的目标。 巴菲特最牛逼的地方在于他在自己的投资体系里能一直坚持和打磨，最终摸到他自己的天道。我等凡人不奢求能到他的境界，但至少对比过去的自己要能持续进步就好了，赚到钱💰是水到渠成的事情。 趁早上睡醒脑子清醒记录一下，接下来又要忙碌一整天了，GMGM

A note on transferability. Papertrade is a complicated primitive, and managing it from a risk standpoint is a complicated problem. The PAPER token is far more integrated into the economics of the primitive than most tokens are in their respective protocols today, and, broadly, was designed to act as a counter insolvency incentive coupled with a rebate mechanism to losing traders. Market makers and exchanges are by far the two most profitable businesses in crypto, and our goal was to try and externalise as much of their margins back to users as possible. We are now just over a week into the life of papertrade and we are becoming increasingly confident that this is both possible, but also a likely outcome as agentic led software becomes the norm. As it stands, the paper token traded as a perp becomes a leveraged bet on bankroll solvency - and being able to short bankroll solvency materially changes the payoff curve of a manipulation attack. The target number goes from the bankroll, to the bankroll + short side exposure on paper. We can, and do limit bankroll size specifically to control this payoff curve and ensure it never becomes existentially problematic, but external perp markets are not something we would have any control over if left to float of their own accord. For example, if our bankroll is $10m, an attack costing $15m manipulating the price of bitcoin or ether is not viable. You simply lose money. If however you were also able to put on $10m of PAPER short side exposure, suddenly an attack costing $15m is very viable indeed. If we were to make the token transferable at this point, we are confident we would quickly enter a state too dangerous to allow any material exposure to be taken on papertrade, an end result that benefits no party beyond the wolves who have done the math on the short and are waiting in the wings with sharpened knives. We would also like to thank the various perps teams who have reached out about pre-market listings for their understanding and patience regarding this issue, and especially to the paragon team who, despite jumping the gun on us, have behaved with the utmost integrity and transparency once a dialogue was opened. Perps on PAPER will always act as a self-limiting exposure ceiling for a token with this type of utility, and we think it would be a shame to limit the growth of papertrade to the extent that allowing perps would necessitate. As such, at this juncture we do not have plans to allow off-contract token transferability. Structurally, papertrade is limited by the quality of the data it receives from hyperliquid, but we strongly believe that hyperliquid has a very large part to play in the future of global exchanges, and expect their books to continue to thicken and strengthen over time. A note on fees. Papertrade launched with a deadband fee from entry of 0.2bps. This means you don't earn anything until the price has moved by 0.002% in your favour. Over the months before launch, we played around with many different curves and fee structures affecting exclusively positions closed very close to entry price in order to try and devise a structure that removed the edge against the bankroll low time frame scalp bots have, whilst also minimally impacting the traders around which and for whom the product was devised. We were never able to find anything we were absolutely happy with and so decided to stay with the 0.2bp deadband fee through launch. This has however meant we have had to be very restrictive when it came to certain parameters, such as OI caps. Now, however, we have enough live data to fully understand exactly which strategies work, and to make the necessary changes to stop them. The changes we are making will have an on hours and off hours fee mode to account for the relative differences in liquidity the hyperliquid books see between these two time periods, and the ease with which low time frame moves are signalled. The changes we are making will only affect positions closed within 6bps of entry (0.06%) in on hours, and 10bps (0.1%) in off hours. Any trades closed above these threshold price shifts will see no change to their fees at all. On a look back to launch basis, these changes affect the profitability of bot strategies roughly 15x more than they do normal traders, for whom a very small proportion of overall winnings come from within this band. These changes should serve to flatten much of the edge our microfee structure necessarily creates on low time frames, and will help with long term exchange sustainability. This should hopefully allow us to open up parameters such as OI caps a little more so those of you who wish to can put on the size you want to, when you want to. It is possible these changes are still too lax, and that further revisions to this structure may be necessary going forwards. If so, we will notify users ahead of time. A note on paper tokenomics. In conjunction with the fee changes, we will also be implementing a change to the token issuance curve. Going forward, every $1 lost mints a fixed share of PAPER's supply at that moment, roughly 0.1% of supply per $1M lost (the exact number depends on the mint rate at the time the contracts are upgraded). PAPER minting in and near insolvency will also change, switching from a flat 100 per $1 of loss, to a time weighted multiplier on the curve growing over time, effectively acting as the house running a discounted auction on its own future cash flows. This change also removes the risk of the paper-mint-straddle-attack, temporarily pushing the protocol insolvent by closing only the winning side of a large straddle position and then attempting to mint as much paper as possible. In the immediate term these changes will only have a very subtle effect on PAPER minting, but in the long run will structurally change the outlook of the system beyond the first few weeks, serving to slowly dilute out older holders and leaving more recent users with an advantage. Reconstituting the PAPER system into something much closer to the exchange rakeback it was intended to be. We have been very reticent to touch this particular aspect of the system for obvious reasons, but ultimately we believe that these changes provide all users with the optionality to take a smaller piece of a potentially much larger pie than the current dynamic might necessarily allow. Other, miscellaneous notes. These contract upgrades will include a few other contract changes, including the addition of builder codes so that builders can utilise papertrade in whatever capacity they choose to. This will be a whitelist only to begin with and we will have more for you later in the week on where/how this will be rolled out. A small change to contract permissions on the reward distributor and a change on how below bust closes are processed by the exchange are also included, largely to block gas griefing attacks. These changes will be pushed to docs in full over the coming day, and we will further announce once the changes are queued into the timelock pending final security passes, scheduled to go live 24 hours after that point. Final note. We'd like to thank everyone that has tried out papertrade over the last 10 days. It has been a labour of love building this product and both of us have been taken aback at all of the positive feedback we have received. We'd also like to thank all those of you who have spent considerable time musing on the system we have built, and much of your advice has been taken onboard and will likely affect the colour of what papertrade becomes going forward. We know some of these changes will be unpopular with some, but we would not be making them if we did not feel them to be absolutely necessary. - blurr, jez

突然被团队告知上了Binance 2026 Blockchain 100里的trader提名，要求我要好好拉票😂 每人每天可以投1票，我先自己投自己一票了. 除了trader以外，还有influencer和content creator类别，你们觉得我应该投谁？ app.binance.com/uni-qr/cact2…