2026-01-13 18:45:22

YZiLabs recently invested in the GeniusTerminal project, and I went to try it out. Overall, it's pretty good, mainly focusing on Perps contract trading, supported by the Aster protocol at the core.

But to be honest, the deposit process for beginners is a bit complicated. If you want to start trading, you can transfer USDT to the BNB chain and then trade through the Perps module. This set of operations might require some exploration for crypto newcomers, but experienced users can handle it in minutes. The entire interaction logic is quite clear.

BNB-0,46%

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MidnightMEVeater

· 2h ago

Good morning, it's that time again at 3 a.m. when blood pressure rises. Is the recharge process complicated? That's called a screening mechanism, automatically filtering out the leek farmers who would be caught in a sandwich. Aster Protocol supports Perps, which sounds like a clever liquidity trap design. Yes, I said design.

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ShadowStaker

· 01-14 18:18

aster protocol backing perps... cool, but honestly the onboarding friction is just another barrier to entry nobody's talking about. why does every new platform assume everyone can navigate cross-chain bridges blindfolded

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BloodInStreets

· 01-13 19:15

The newbie discouragement process, that's why most people can only play the bystander role. Recharges can even trap people, let alone the subsequent market crashes. --- Aster Protocol? Never heard of it, probably just another missed opportunity concept. --- Experienced traders can handle it in minutes, but losing money is just as quick. --- YZiLabs's investments are doomed to this curse; a smooth interface makes losses even smoother. --- Basically, it's just a rebranded version of perp contracts, no difference. --- Is it troublesome for crypto newcomers? But for Ponzi schemes, it's all smooth sailing. --- I've seen many projects like this; no matter how fancy the underlying protocol, it can't save them. In the end, it's just losing everything.

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FortuneTeller42

· 01-13 19:13

The recharge process is indeed a bit complicated; beginners have to figure it out for a while.

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NeonCollector

· 01-13 19:03

The complicated deposit process is really frustrating. How many new users are discouraged from getting started?

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SchrodingersPaper

· 01-13 18:59

Damn, I have to check out all the projects YZiLabs invests in... Perps is another one, and this time I'm really going to start playing with contracts. Feeling a bit overwhelmed. The process of depositing is indeed annoying, but those who understand crypto wouldn't complain, right? It's the new rookies who need to suffer some setbacks. Aster Protocol supports the underlying layer. It sounds okay, but I don't know how slippage will be— that's the key, brother.

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CascadingDipBuyer

· 01-13 18:51

The deposit process was indeed a bit of a hassle, which can discourage beginners.

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