After 1011, Binance "listened to advice" and directly fixed the pegged exchange rate of BNSOL / WBETH (the exchange rate linked to staking rewards).

This change essentially locks down the most core risk.

Many people are afraid to use these two coins as collateral due to the shadow of 1011— I think it is completely unnecessary; now is actually the safest time.

It is important to know that the risk-free arbitrage returns in the market have dropped to nearly invisible levels.

And the 2%–6% staking rewards of BNSOL / WBETH are already considered "both attractive and stable" among similar assets.

As long as you have a strategy that can run long-term, using these two coins as collateral and stacking an additional layer of returns is actually quite comfortable.

Looking at USDe, that is a completely different story.

USDe is not issued by Binance; Binance has no obligation to provide a safety net.

The compensation for USDe after 1011 is actually more of a product of corporate responsibility + public opinion pressure.

In the future, if USDe decouples again, my personal judgment is:

Binance is unlikely to intervene.

Because USDe has its own project party and its own market makers, Binance inherently should not provide a safety net for it; the decoupling is essentially not closely related to Binance. $ETH $SOL