As someone who loosely followed and played in the space, I got scared around when Binance set up their own non-eth chain and everyone just... was OK with it. I

As someone who loosely followed and played in the space, I got scared around when Binance set up their own non-eth chain and everyone just... was OK with it. I may recall wrong, but this stuff was "justified" because people didn't want to pay the fees and delays to trade on something like Uniswap. Funny, because BNB was one of my best investments at the time, making up for other counterparty risks I didn't avoid.