heyi

In Which a Crypto Exec's Meme Changes My Entire Investment Thesis

Let's be real: most crypto content is unreadable. Whitepapers are designed by PhDs to make other PhDs feel inadequate. Twitter threads are either price predictions from guys with anime avatars or FUD from people who definitely sold at the bottom.

So when I saw Binance co-founder He Yi's tweet the one about CZ and high heels I almost scrolled past. Another crypto inside joke, I thought. Another thing I'm too outsider to understand.

But I clicked. And somehow, that single, ridiculous tweet chain led me down a rabbit hole that ended with me becoming a genuine, card-carrying Vanar believer.

The Tweet That Started It All

The context, for the uninitiated: He Yi shared an interaction where a competitor executive joked about (casually recruiting) talent, and when he saw a photo she sent, he replied with (flats?). Her comeback: ("Spread the word, CZ likes high heels") .

It's silly. It's human. And He Yi's commentary on it was unexpectedly profound: Peace & Love." ("Online, they fight fiercely; offline, it's all respect. These days, meetings between leaders are all Peace & Love.") .

This, apparently, is now the most beloved crypto meme of 2026 . And buried in this story was her take on Vanar.

The He Yi Thesis

In discussing the high heels incident, He Yi dropped what I can only describe as a truth bomb about Layer 1 blockchains:

"Web3 doesn't lack basic blockspace. What we truly lack is Intelligent Space."

She pointed out that every few months, a new L1 launches claiming to be faster and cheaper. But Vanar took a different approach—designing from day one for "autonomous vehicles" (AI applications) rather than just building wider highways for horse-drawn carts .

This hit me. Hard.

The Blockspace vs. Intelligent Space Realization

I'd been looking at blockchain metrics all wrong. I was comparing transaction speeds and fees like it was 2021. Meanwhile, Vanar was quietly building infrastructure for a world where AI agents need blockchains that can actually understand what they're doing .

Their stack isn't about being the fastest—it's about being the smartest. Neutron for semantic memory, storing data as meaningful "Seeds" rather than just bytes . Kayon for on-chain reasoning, actually thinking about that data . Flows for automation, turning insights into action .

I'd been looking for a faster horse. They were building the autonomous car.

The FUD Fighters Are Weirdly Passionate

Falling down the Vanar rabbit hole also introduced me to the community's... let's call them "enthusiastic defenders." There's a user on Gate.io named rtsky777 who posts with the energy of someone who's mainlined four espressos before typing:

"Those hiding behind screens smearing VANRY, baselessly FUDing Vanar, are either salty because they missed the boat or mindless followers being led by the nose by people with ulterior motives!"

It's intense. It's a little scary. But honestly? The passion comes from somewhere real. These are people who've watched the team actually build, actually ship, actually partner with real companies like Worldpay . They've seen the transition from hype-driven marketing to "quiet, intentional infrastructure building" .

The "Usage Meter" Framework

The most mind-bending part of my deep dive was understanding how $VANRY works now. It's not just a gas token anymore. It's becoming a "usage meter" —a unit that measures actual economic activity on the network .

Developers pay in $VANRY to store semantic data, trigger automations, or run inference tasks. Demand is directly tied to usage, not speculation . The token is basically a meter for how much people are using the intelligence layer.

This is the kind of boring, sustainable tokenomics that doesn't make for good Twitter threads but might actually last.

What He Yi Got Right

He Yi's observation about Vanar wasn't just marketing fluff. She saw that the team's background in gaming, entertainment, and brands meant they understood something other pure-tech founders don't: mainstream users don't care about your consensus mechanism. They care about whether the thing works and feels familiar .

The high heels meme is silly. But the insight behind it—that the industry has matured, that competition is now about product rather than attacks, that Vanar is building something genuinely differentiated—that's real.

Where I Am Now

I'm not a maxi. I don't post defense threads at 3 AM or call people "salty" for missing the boat. But I did something I rarely do: I actually tried the product. myNeutron is legitimately useful . The chain is fast—"smooth as iced coke," as one reviewer put it . The vision of "Intelligent Space" makes sense in a way that "faster blocks" doesn't anymore.

So thanks, He Yi. Thanks for the high heels tweet that made me click. Thanks for the insight that made me look deeper. And thanks for accidentally turning me into someone who actually understands why Vanar matters.

Now if you'll excuse me, I need to go upload more data to myNeutron. Kayon is waiting to judge my life choices, and honestly? I kind of need it.

@Vanarchain $VANRY #Vanar #HeYi #HighHeelsMeme #IntelligentSpace #AIBlockchain

On February 10, He Yi, co founder of Binance, shared a strong message on X that shook the crypto community.

She explained how fear spreads in different ways across the market and how this fear may actually signal a turning point.

For people who are new to crypto, Binance feels like the whole digital money world. When they see constant negative news, rumors, and fear stories, they become nervous. They step back. They wait. They delay investing because they are unsure about what will happen next.

For traders who are already in the market, confusion creates doubt. When they cannot clearly understand what is happening, many decide to sell. They take their profit and leave early, thinking it is safer to protect what they earned instead of risking more.

Even experienced investors, the early builders and long time believers who are already financially free, are not fully immune. Seeing endless foolish rumors, fake panic, and even AI powered attacks every single day can slowly damage confidence. It can make even strong believers question their decisions. Some may even think about leaving the crypto space completely.

This growing wave of fear is reflected in data. The crypto fear index tracked by CoinMarketCap dropped to an extreme low level of 5. Such a number shows deep fear across the entire market.

But here is the powerful twist.

Markets often move in the opposite direction of public emotion. When fear becomes extreme, when confidence disappears, when everyone feels uncertain, that is often the moment when the market prepares for recovery.

According to He Yi, when fear finally fades away and the noise becomes quiet, that is when prices begin to rise.

This is the cycle of markets. Fear creates hesitation. Hesitation creates selling. Selling creates lower prices. And lower prices eventually create opportunity.

History has shown again and again that the strongest rallies are born from moments of maximum doubt.

Her message is simple but powerful. Do not let loud fear control your long term vision. When panic reaches its peak, the next chapter may already be forming beneath the surface.

In crypto, the darkest moment often comes just before the brightest surge.
#heyi
$BNB

——一个普通用户眼中的加密“基础设施之王”
如果要用一句话概括现在的加密行业，那就是：
项目来来去去，但真正留下来的，是基础设施。
而在所有加密基础设施里，币安，几乎绕不开。
⸻
一、币安最被低估的，并不是交易量
很多人一提币安，只看到两点：
• 全球最大交易所
• 用户最多、币最多、流动性最好
但这些其实都是结果，不是原因。
真正支撑币安走到今天的，是它做了一件很难的事：
👉 把复杂的加密世界，做成“普通人也能用”的产品。
想一想你第一次进入币圈：
• 买币
• 转账
• 充提
• 合约
• Web3 钱包
大概率，你绕不开币安。
⸻
二、币安做的不是“平台”，而是“系统”
现在回头看，币安早就不只是一个交易所。
它已经搭起了一整套加密系统：
• 交易层：现货 / 合约 / 期权 / 跟单
• 资产层：理财、Launchpool、质押
• 链上层：BNB Chain、钱包、DEX
• 流量层：币安广场、研究院、内容生态
这意味着什么？
意味着——
不论牛市还是熊市，币安总有“业务在运转”。
这是很多项目做不到的。
⸻
三、真正穿越周期的能力，来自“用户规模”
币圈最残酷的一点是：
没有用户，一切都是空谈。
币安最大的护城河，不是技术，也不是资金，
而是已经在用它的人。
• 新人第一站
• 老用户的主账户
• 大资金的首选流动性池
当一个平台，
既能服务新手，
又能承接大资金，
还能不断留住老用户，
它就已经具备了长期存在的资格。
⸻
四、BNB 并不是“概念币”，而是系统燃料
很多人低估了 BNB。
但实际上，BNB 是币安整个系统的“燃料”：
• 手续费折扣
• Launchpool 参与
• BNB Chain 生态使用
• 各种平台权益绑定
它不像很多叙事型代币，
更像一个持续消耗、持续使用的功能型资产。
长期来看，
系统只要在转，
燃料就有价值。
⸻
五、2026 以后，加密会更像“传统金融 + 科技”
我个人的判断是：
下一阶段的加密，不是更野，而是更稳。
更清晰的规则、
更成熟的产品、
更长期的资金。
在这样的环境下，
最先受益的，一定不是小项目，而是成熟平台。
币安恰恰站在这个位置上。
⸻
六、写在最后
你可以不喜欢币安，
也可以不用它的全部功能。
但如果你还在这个行业里，
你几乎不可能完全绕开它。
币安不是完美的，
但它是这个时代最重要的加密基础设施之一。
这也是为什么，我长期看好它 #cz #heyi