Holding static native BNB may seem safe, but in fact it depreciates invisibly. This statement may be harsh, but the mathematical logic on the chain cannot be refuted.

The root of the problem is simple: rewards for BSC validator nodes continuously flow to stakers, increasing the coins in their hands while your coin count remains unchanged. The result is that your purchasing power is diluted. This is a form of implicit inflation, just most people haven't noticed.

Is there a way to hedge? Yes. Interest-bearing assets like slisBNB are the answer. It’s not just a simple token but a form of asset that can grow automatically—the exchange rate will increase unidirectionally as the rewards on the chain accumulate. In other words, holding it means you are "extracting" benefits from native BNB holders. This sounds like arbitrage because it essentially is.

The best part is that the liquidity and functionality of slisBNB are basically the same as native BNB. It can be staked, traded, and integrated into applications, providing a completely consistent user experience. In a rational market, who would stick to an option with the same function but no compound interest?

In the long run, the evolution of on-chain assets is already very clear. Native BNB will eventually become purely a Gas fuel, while interest-bearing assets like slisBNB will become mainstream financial tools. Early deployment of the $LISTA ecosystem and slisBNB is essentially aligning with this major trend of asset evolution.