In 8th Nov, totally 200M BTS are sent from binance BTS wallet account   binance-bitshares-tss to gate and MEXC.

according to binance's announcement in 12th Aug, binance will perform a conversion of BTS to USDC based on user's holdings in their binance wallet and return U to users, the conversion will be completed by 2025/3/1.

so it's clear that now binance began the "conversion" - in other words, they will sell out the total 356M BTS in CEX like gate and MEXC before 2025/3/1.

The premise for information aggregation and creation is that there is attraction here, such as convenience and intelligence.Short-term interest buying can be used as a cold start method, but it has little significance in the long run.
信息聚合并引发创造的前提是这里有吸引力，例如方便智能。短期的利益收买可以作为冷启动手段，但长期意义不大。

ID Agent: Venom, Graphene Blockchain Integration Ideas and Extensions.

Blockchain is an isolated island, and cross-chain solves part of the problem: asset transfer. However, asset transfer is not the only function of blockchain, and other functions are still stranded on the isolated island.

To further link the isolated island, it is necessary to realize the following content aggregation as conveniently as possible in one APP: social, games, podcasts.

How to be convenient: automatically create accounts and bundle accounts.

How to aggregate: break the DAPP boundary and aggregate from the perspective of user use, which is more convenient than mini programs, such as making the DAPP flow into a video flow like Douyin.

Here, the key to achieving convenient aggregation is ID agent, issuing an ID agent coin, using the DAPP flow can obtain ID agent coin airdrops, and automatically creating an account requires consumption of ID agent coins.

Compared with Telegram, ID agent is smarter, profiles users and recommends DAPP, and at the same time, establishes strict selection and insurance mechanisms for risks.
Roadmap: First integrate the blockchain of the Graphene series, BTS EOS HIVE.

ID 代理：毒液，石墨烯区块链整合思路及扩展。

区块链是孤岛，跨链解决了一部分问题：资产转移。但是，资产转移不是区块链唯一功能，其它功能依然滞留在孤岛。

进一步链接孤岛，需要在一个APP里，尽可能便捷的实现下述内容聚合：社交、游戏、播客。

如何便捷：自动建立账号，捆绑账号。
如何聚合：打破DAPP边界，从用户使用的角度聚合在一起，比小程序更方便，例如把DAPP流做成抖音一样的视频流。

这里，实现便捷聚合的关键是ID 代理，发行一个ID代理币，使用DAPP流可以获得ID代理币空投，自动建立账号需要消耗ID代理币。

和Telegram相比，ID 代理更智能，对用户画像并推荐DAPP，同时，针对风险，建立严选和保险机制。
路线图：先整合石墨烯系列的区块链，BTS EOS HIVE。

Transaction/operation fees are managed by the committee and sure they can be changed when needed. At the moment I personally don't think we need to change the fees.

IOU trading fees are managed by the asset issuers and they decide whether and when to change.