An interesting phenomenon has recently attracted a lot of attention: a whale holding 400,000 BNB has witnessed their assets grow from an initial investment to 4,000 times the original amount over eight years, yet they have never made a significant sell-off. Even more astonishing, this multi-billionaire token holder is actually borrowing money to make a living.

The underlying logic behind this is quite profound. If you hold such a large amount of BNB and need liquidity, what would you do?

The common approach is to sell a corresponding amount of BNB for cash, but this comes at the cost of losing tokens that could continue to appreciate. This is clearly not cost-effective for long-term holders.

Another route is borrowing. In the past, this was difficult because collateral usually meant locking up tokens, preventing participation in subsequent gains, and often resulting in losses. Only recently has there been a breakthrough.

Take Lista DAO as an example. This type of lending protocol changes the game. Users can stake BNB to receive liquidity tokens, obtaining the needed funds while continuing to hold tokens for mining, and they won't miss out on Binance airdrops or future BNB appreciation. Applying the whale's approach: stake 40万BNB into Lista DAO, get lisUSD to invest or spend, while the tokens continue to generate income. The funds and token appreciation do not interfere with each other, truly achieving multiple benefits with one move.

Similar mechanisms are now appearing in other platform's financial products. This model provides token holders with more operational flexibility, allowing the liquidity and appreciation potential of large assets to be truly unleashed.