I recently observed an interesting phenomenon. Elon Musk emphasized on a podcast that AI will reshape white-collar work, and education should shift towards cultivating problem-solving skills. This logic extends into the financial sector, where it is also playing out—technology is changing the way people manage assets.

Under traditional thinking, holding cryptocurrencies means waiting for their appreciation. But now some DeFi protocols are trying new tricks, such as a recent update to a lending protocol that is quite interesting. It accomplished two practical things: first, drastically lowering borrowing interest rates—some annualized rates even dropped below 3%, meaning you can obtain leveraged funds at very low costs. Second, it integrated yields from real-world assets, like U.S. Treasuries. The former is a tool to leverage opportunities in a bull market, while the latter adds a "stabilizer" to assets in volatile markets. This is exactly what individual investors need: high-efficiency tools + risk hedging.

On a deeper level, the entire system's design logic is to enable you to operate your asset portfolio like an entrepreneur. You can pledge mainstream tokens to borrow funds for arbitrage, deposit stablecoins to earn fixed income, and also participate in protocol governance by locking governance tokens $LISTA to share in the profits—this token's current annualized incentive rate is close to 39%. This is no longer passive waiting but active strategy execution and asset orchestration.

According to plans, by 2026, such protocols aim to expand to Ethereum, include more RWA asset types like corporate bonds, and even explore on-chain credit lending models. In other words, they are gradually building a complete on-chain personal finance system from a single lending tool. This perfectly aligns with future needs: tools must be smart enough, and assets must be flexible enough.