LoginTrending NewsAI AgentsMeme LaunchpadDeSciTopChainExplorerFor Newbee100x CoinsBee GameEssential WebsitesMust-Have APPCrypto CelebritiesDePINRookies EssentialTrap DetectorBasic ToolsAdvanced WebsitesExchangesNFT ToolsWeb3 UniverseGamesDAppBee HiveGrowing PlatformADRecharge CoinsLoginWeb3 UniGamesDAppBee HiveADhomeAnalysisAnalysisWyatt@Asher_0210DefiLlama data showsLighter founder: The second season of the points event will end before the end of the year, not December 31st.Polymarket’s prediction regarding whether Lighter will complete TGE by December 31st.https://app.lighter.xyz/trade/Related: Profit traps faced by crypto internet banks
Original author: @0xcoconutt Original translation: SpecialistXBT, BlockBeats Editor’s Note: This article serves as a sobering reminder of the current booming “crypto banking” sector. The author astutely points out that the vast majority of “traditional internet banks” have failed to achieve profitability because they rely excessively on meager exchange fees and lack core lending businesses, ultimately becoming expensive “deposit warehouses.” Now, most new crypto banks seem to be blindly repeating this mistake, using high incentives to acquire unprofitable deposits. Did you know that less than 5% of internet banks (Neobank) are profitable? Internet banks make enticing claims: fully digital banking services, lower fees, and a better user experience. However, it turns out that these digital banks have fundamental flaws in their economic model. This article will delve into why many traditional…# Analysis# Airdrop# defi# ethereum# Exchange# Market# TokenPre
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