Don't rush to follow the trend; let's discuss calmly. This lending protocol is not a product that relies on hype, nor is it a token that becomes popular on Twitter for a while and then disappears. What it aims to address is a very tangible need: how to generate cash flow while retaining the coins you are optimistic about?

The logic is actually quite straightforward. You lock up the assets you hold—Bitcoin, Ethereum, stablecoins, or even tokenized physical assets on the blockchain—and then mint a synthetic stablecoin. The key point is that you don't have to sell the coins you hold. The assets remain in your account, continuing to fluctuate in value, your exposure hasn't changed, and at the same time, you have increased cash flow.

The appeal of this mechanism lies in its breaking of the traditional dilemma of multiple-choice questions—either hold the coin for appreciation or sell it for cash. Now, both can be achieved. As long as the collateral is sufficient, your BTC and ETH can continue to perform on-chain, and the generated stablecoins can be used for trading, consumption, or deployed into other strategies. This is indeed a practical tool for those who want to maintain their positions while also needing liquidity.