Is the BNB in your hands just sitting idle? Besides waiting for the price to rise, it seems to have no other use. In fact, many people have already found ways to get creative — using the same BNB to earn stable interest, participate in airdrops of new platform projects, and even lend out stablecoins to earn 20% high yields. Sounds unbelievable? Actually, this is the most practical DeFi strategy on BNB Chain.

The core idea boils down to three steps, each with its own advantages.

**Step 1: Make BNB Liquid**

The most important point — don’t keep your coins locked in a wallet. Convert BNB into derivative assets (like lsBNB, a liquidity staking token). What are the benefits? Its price always moves in sync with BNB, so you won’t miss out on the main rally during a bull market. At the same time, from the moment of conversion, you start earning interest. An annualized return of 2-3% may not seem much, but it’s just the appetizer.

**Step 2: "Cloning" to Achieve Dual Benefits**

This is where the cleverness lies. Take the newly converted asset and mint another token (like clsBNB). With it, your original asset grows a "clone" — one part earns interest safely, while the other can be used to participate in airdrops of new projects on various platforms. No more facing the dilemma of "holding coins for airdrops or selling coins for cash."

**Step 3: Layered Lending for Increased Yields**

Already earning on two fronts? Keep playing. Collateralize the interest-earning asset and borrow out stablecoins like USD1. The trick here is the extremely low borrowing cost, usually less than 1% annualized. What to do with the borrowed stablecoins? Directly participate in stablecoin investment activities. In recent market conditions, annualized yields of around 20% are often seen.

**Calculate the Actual Returns**

Input side: Your original BNB you intended to hold, plus minimal costs of stablecoin lending.

Output side: The basic interest from staking (2-3%) + expected returns from airdrops + 20% annualized from stablecoin investments. Overall, the annualized yield easily exceeds 20%, not counting the potential appreciation of BNB itself.

This is the method used by the most savvy BNB players — treating DeFi protocols as asset efficiency optimizers, making every dollar work across multiple tracks simultaneously.