Huh? You can't cancel the powerdown because Binance controls the powerdown.
It's a by proxy situation where the exchange offers yield on the token like FTX or Coinbase.
You are viewing a single comment's thread from:
Huh? You can't cancel the powerdown because Binance controls the powerdown.
It's a by proxy situation where the exchange offers yield on the token like FTX or Coinbase.
Okay, I get it. The scenario is that they control the stake. Another problem is the SEC is only American and CExes may start this for non-Americans even without challenging the SEC.