xiyu|11月 04, 2025 04:41
The contradictions of OKB
The contradiction between odds and risk
With OKB's current market cap of less than $3 billion, I think the odds are reasonable. Buying at this price saves you two years of waiting compared to others, and at most, you’ll wait another two years.
The contradiction between stock and token attributes
First of all, I don’t think there will be a situation where OKB is forcibly converted to USDT after listing, because OKB has actually been separated from the CEX.
Stocks directly take a share of the CEX profits, while OKB still carries the shadow of the CEX, so it inevitably comes with certain expectations. These two aspects are like two sides of the same entity.
I think Star will balance both sides. Or maybe what I’m betting on is that they’ll balance both sides.
The contradiction between compliance and decentralization
A while ago, CZ and Star’s differing attitudes toward meme coins sparked heated discussions, but I don’t think it affects the long-term goals.
If we compare exchanges to a crypto trader, pushing meme coins is like the exchange using pocket money to trade short-term. It can enjoy the volatility in the short term, but in the long term, it doesn’t really have a significant impact.
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