Have you ever faced such a dilemma—finding a promising coin, studying it thoroughly, and then holding a heavy position to accumulate? The result is a steady hold, but suddenly needing cash for liquidity, and immediately falling into a dilemma: selling feels like betraying your own conviction, but not selling means missing out on opportunities. To be honest, even seasoned players can't escape this predicament.

The root of this contradiction is actually quite painful: traditional holding models require you to choose between "preserving assets" and "gaining liquidity." But is it really necessary to be forced into this either/or situation?

Recent innovations in DeFi have offered new ideas. Their core approach is to introduce an over-collateralized synthetic asset mechanism, allowing you to retain your original assets while anchoring a stable value for trading or cashing out. Simply put: your Bitcoin, Ethereum, stablecoins, or even tokenized government bonds and real-world assets can serve as collateral to generate a stable-valued unit, which can be freely used, while the gains or losses of the original assets are fully preserved.

Furthermore, these protocols have launched interest-bearing versions—your stable-valued unit can automatically accrue interest, earning more the longer you hold. It’s like depositing liquidity somewhere that grows on its own without any additional effort.

The key difference lies in the attitude towards assets. Many older products treat your collateral as digital assets, with forced liquidation immediately if prices drop, ignoring whether you are a long-term investor. The new generation of solutions, however, evaluates different types of assets—from low-risk stablecoins to more volatile mainstream cryptocurrencies, and even traditional financial tokenized products—using a unified risk model. They acknowledge that assets have their strengths and weaknesses, but through rigorous parameter settings and sufficient liquidation buffers, they can keep risks manageable and safely convert your conviction positions into liquidity.