In the DeFi world, the biggest fear when making money is seeing opportunities but not being able to identify a clear logic. A recently popular strategy on Lista DAO is worth taking a close look at — leveraging their extremely low stablecoin lending rates to create a time gap with the yields from centralized platforms. Simply put, it's "yield arbitrage."

**Why can this strategy make money?**

Many people think DeFi is just about trading coins, but that's not entirely true. On Lista, you can use real assets like BTC or ETH as collateral to borrow USD1 stablecoins at an annualized interest rate of about 1%. Then what? Transfer these USD1 to a top-tier exchange, deposit into a savings or fixed-term product, and earn an annualized yield of 5%-20%. The difference in interest rates, minus on-chain transaction fees, is your profit. This logic doesn't require you to speculate on coin prices; it's purely arbitrage between different markets.

**How to operate specifically?**

Step one: prepare a wallet (MetaMask or similar), connect to the Lista official website. Choose the lending function, deposit mainstream assets like BTCB, ETH as collateral. The system will give you a borrowing limit — usually, a collateral ratio of 65-75% is more stable, don’t be greedy and borrow to the maximum.

Step two: within your limit, borrow USD1. The key here is to clearly understand the final annualized interest rate of the loan — Lista indeed has a market advantage in this area.

Step three: withdraw to a top-tier exchange. Find a stablecoin yield product you trust, deposit the USD1. Whether fixed-term or flexible depends on your preference.

**Where are the risks?**

Honestly, this strategy isn't risk-free. First, if your collateral suddenly drops in value — for example, BTC suddenly falls 20% — your position could face liquidation risk. Second, the credit risk of the centralized platform’s financial products themselves exists; although large platforms are relatively reliable, no one can completely eliminate the risk.

How to mitigate? Three key points: first, choose blue-chip assets with low volatility as collateral; second, maintain a conservative collateral ratio and avoid borrowing to the limit; third, carefully select financial products with good reputation and credibility.

**What is the essence of this?**

In essence, it’s about using Lista’s on-chain cost advantage to capture yield differences between platforms. It doesn’t require you to predict market direction; it’s more like doing arbitrage. For investors seeking stable cash flow and who don’t want to watch the market every day, this approach is quite attractive.