You are staring at the screen on the trading interface, watching the staked ETH plummet another 10%. The DeFi lending platform has already sounded the liquidation alarm for the third time. Sell? You are reluctant, you have confidence in this asset. But the tight liquidity is a real problem, and the feeling of being tied up is really uncomfortable.

Is there a way to retain ownership of assets while being able to access funds whenever needed?

Actually, there is a perspective worth paying attention to - many DeFi innovations are exploring a new model of collateral infrastructure. Rather than calling it a lending protocol, it is more like building an on-chain asset repository. Whether it's the crypto assets you hold, or tokenized real estate and stocks, such RWA can be stored in it, and then synthetic stablecoins can be minted based on the value of these assets.

The key to this logic is not in borrowing, but in releasing the liquidity of assets. You don't have to sell your assets or be locked into a fixed-term agreement. It's more like a high liquidity self-acceptance system—using your trusted assets to generate stable value certificates that are available for use at any time.

The most frustrating point compared to traditional over-collateralized lending is the liquidation risk. The idea of these new solutions is different; the focus is not on the threat of liquidation, but on your continued control over the assets.