From Binance's perspective, this approach is probably aimed at getting more retail investors involved. After all, the market environment isn’t great, and projects where you can still pick up a little profit here and there are bound to get more crowded. The end result is that the returns for each round might get lower and lower. If the goal is to maintain returns, then project teams will face greater pressure to get listed. Once trading starts, everyone rushes to sell, and the heavy sell-off further reduces the profits for those selling later. If the previous strategy was to claim rewards as quickly as possible and dump them into the market, then with the introduction of 'deduction-based diminishing returns,' you now have to factor in costs on top of just speed. Everyone has different costs for farming points and different expectations for returns, so deciding when to claim and when to sell becomes a point of strategy. In this way, it does allow for a larger user base. Even though the potential earnings might be smaller, it’s better than nothing. You could say this is Binance’s little bear market perk.