There is a paradox in the real world. To buy a house, you must give up the right of transfer to gain the right of residence; to cash out, you must lose the right of use. Want financing? Then you need to undergo a credit review and bear mortgage risks.
A project uses code to elegantly solve this problem.
The core logic is clear: it locks your ownership of BNB in a smart contract within your wallet, generating an unbreakable "title deed." Then, this deed splits into two—creating two completely independent rights of use.
The first is the income right. Through liquid staking, your BNB generates a twin asset—a yield-bearing receipt (referred to as slisBNB). You still own the asset, but the income right is extracted and can be directly monetized.
The second is the financing right. Using this yield receipt as collateral, you can borrow USD1 stablecoins. Without selling any assets, you gain new liquid capital to operate.
And then, a magical thing happens—your BNB exists in three states simultaneously: still "held," "constantly earning," and "working as leverage." Rights that were impossible to parallel in the physical world are now拆解, circulated, and recombined through code.
This is not just a financial game; essentially, it’s using code as a blade to cut the inherent capabilities of assets into individual parts, each capable of creating value.
The market has given a number to answer: a locked asset scale of $45 billion. This may be just the beginning of our understanding of future property rights.
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AirdropDreamBreaker
· 16h ago
That's incredible—one token can split into three and each makes a profit, way more flexible than real estate... but I worry that one day a contract bug could wipe everything out in a single sweep.
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TokenomicsTherapist
· 16h ago
This wave of power token splitting is indeed impressive, but to be honest, behind the 45 billion scale, you also need to see clearly who is really making money.
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LiquidityOracle
· 16h ago
Wow, this is where the on-chain world outperforms reality. An asset can run in three different tracks simultaneously. Try doing that with a house?
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SchrodingersFOMO
· 16h ago
Damn, isn't this just breaking down capabilities into fragments using code and selling multiple shares? It sounds clever, but it also feels like the risks are fragmented too.
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ServantOfSatoshi
· 16h ago
Wow, this is true power segmentation. Things that the physical world wouldn't even dare to imagine are directly implemented on the chain.
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ZkSnarker
· 16h ago
honestly this is just fancy tokenomics cosplay... you're still trusting the smart contract, still trusting the protocol, still trusting that stablecoins don't implode. real ownership? nah, you're just renting leverage with extra steps tbh
What do you truly own in your hands?
There is a paradox in the real world. To buy a house, you must give up the right of transfer to gain the right of residence; to cash out, you must lose the right of use. Want financing? Then you need to undergo a credit review and bear mortgage risks.
A project uses code to elegantly solve this problem.
The core logic is clear: it locks your ownership of BNB in a smart contract within your wallet, generating an unbreakable "title deed." Then, this deed splits into two—creating two completely independent rights of use.
The first is the income right. Through liquid staking, your BNB generates a twin asset—a yield-bearing receipt (referred to as slisBNB). You still own the asset, but the income right is extracted and can be directly monetized.
The second is the financing right. Using this yield receipt as collateral, you can borrow USD1 stablecoins. Without selling any assets, you gain new liquid capital to operate.
And then, a magical thing happens—your BNB exists in three states simultaneously: still "held," "constantly earning," and "working as leverage." Rights that were impossible to parallel in the physical world are now拆解, circulated, and recombined through code.
This is not just a financial game; essentially, it’s using code as a blade to cut the inherent capabilities of assets into individual parts, each capable of creating value.
The market has given a number to answer: a locked asset scale of $45 billion. This may be just the beginning of our understanding of future property rights.