Binance taking the lead on compensation is a good thing, but with over $20 billion in liquidations across the entire industry, most people either don’t meet the compensation criteria or weren’t trading on Binance. This is one of the main reasons why so many people are spreading FUD. Some group members suggested that all exchanges issue a token to users who got liquidated. This token could be listed on their respective exchanges, and the exchanges could promise to use a portion of their annual profits or a certain percentage to buy back and burn the tokens. At the very least, this would give more hope to those who got liquidated, especially since this round saw many low-leverage traders liquidated, and even relatively neutral quant strategies faced heavy liquidations!