#DeFi生态系统发展# This news reminds me of the situation during the bull run in 2017. Back then, major exchanges were also continuously adjusting leverage and collateral rates to cope with market fluctuations. Now Binance is going to adjust the collateral rate again; it seems the market is about to make a big move.

However, upon closer inspection, this adjustment will not take effect until 2025, which is quite a long time span. This inevitably makes me think about the long-term development of the DeFi ecosystem. From the earliest single lending protocols to the current cross-chain liquidity and synthetic assets, the boundaries of DeFi are constantly expanding. Centralized exchanges are also being forced to adapt and continuously adjust their strategies.

I think that Binance's early announcement this time serves two purposes: on one hand, it gives users ample time to prepare, and on the other hand, it reflects their certain expectations for the future market. Perhaps by 2025, the boundaries between DeFi and CeFi will become even more blurred, and a unified account hybrid model will become mainstream?

Looking back at history, each significant adjustment often hides deeper changes behind it. What we need to do is capture future trends in these subtle changes. After all, in this ever-changing crypto world, only insight is true wealth.