Recently, a leading exchange launched a stablecoin savings product with an annualized yield of 20%, which is quite attractive, but many users are hesitant. Where is the core issue? nCurrently, stablecoins exhibit a premium phenomenon. If you directly buy spot assets to participate in locking, once the activity period ends and the price retraces, the interest earned may far outweigh the principal loss. This is a real risk. nSo, is there a way to avoid this awkward situation? Of course there is. nThe answer is: don't buy, borrow instead. nBy using a lending mechanism to acquire stablecoins, you can perfectly bypass the threat of price fluctuations. Today, let's break down the entire process with a concrete example—how to leverage a mainstream lending protocol to achieve "passive income." n**Lending Step—The Starting Point** nThis is the core of the entire strategy. In a lending protocol, collateralize assets to borrow the target stablecoins. The process is straightforward: connect your wallet, select collateral (usually USDT), set the borrowing limit. nBe cautious here: don't max out your collateral. Even with stable assets that have small fluctuations, keep the LTV (Loan-to-Value ratio) within a safe range of 70%-80%. The reason is that if your collateral's price suddenly drops or if extreme market conditions occur, a high LTV will trigger liquidation, resulting in total loss. nAlways reserve sufficient risk buffers for yourself—that's the iron law of playing this kind of strategy. nThe repayment process is equally simple: repay the borrowed stablecoins and unlock your collateral. Throughout the cycle, your collateral assets remain in your control and are not locked up. n**Profit Stage—Participate in Mining** nOnce you have the stablecoins, you can put them into liquidity mining or financial products to earn attractive returns. Since you are borrowing rather than purchasing, a price decline has no impact on you—borrow 100 stablecoins, and just repay 100 at the end; the interest income is purely additional profit. nThe beauty of this logic is that: by using a lending mechanism, the yield and risk are completely decoupled, making participation in high-yield products a low-risk operation.