He Yi: Currently, Binance listings do lack a wealth effect, but good projects and entrepreneurs will shine.

Here is the English translation: Odaily reported that He Yi, the co-founder of Binance, responded again to the criticism of Labs and his close friend: "Good projects and entrepreneurs will shine on their own, it just takes time. Binance has been listing projects poorly, without wealth effects, I agree. This is a common problem in the industry. It can also be said that Binance's products are not good enough now, and we have invested a lot of resources in compliance and the obvious gap in wallet products. Binance has been forcefully discussing airdrops for BNB users, it's true that we take care of BNB more." "Of course, Binance has many problems, it's difficult to turn a big ship, dealing with regulatory pressure consumes energy; the organization has become rigid, with talent iteration, etc. Every industry and company has its own issues to deal with. But to write a few names without any evidence, make up a story, and try to deceive the entire community in order to target Binance, that is wrong."