Using Brother Ni's tweet to discuss the modification of SLR (Supplementary Leverage Ratio): 1. Modifying SLR to supplement leverage ratio is part of the financial industry's deregulation, which aims to release the demand of commercial banks by relaxing regulation. From this perspective, relaxing the SLR and stablecoin bills are the two major ways for Beisen to find solutions to the demand for US bonds. The former delves deep into existing resources, while the latter takes a different approach to seek new demands. 2. The core requirement of SLR is that the total assets of a bank cannot exceed a certain multiple of its core capital. What should I do if the SLR restriction is triggered? Either increase capital or reduce assets, otherwise business expansion will be restricted. Reducing SLR essentially lowers the capital requirements for banks, which can motivate large banks to increase their holdings of US Treasury bonds. It is estimated that this could bring in nearly $300 billion in purchasing power. Compressing US bond yields is naturally beneficial to the market 3. Another important purpose of relaxing SLR is to improve the liquidity of the US bond market, and exempting US bonds focuses on easing the pressure on banks to make markets. As the supply of US bonds increases and overseas demand weakens, primary traders of US bonds have hoarded a large amount of US bonds, which will directly affect the leverage ratio indicators of banks. Reducing SLR, therefore primary traders hold more US bonds to improve the liquidity of the US bond market.