To be honest, my understanding of DeFi used to be just two words—chaos. It wasn't until I recently took the time to study a staking and yield farming scheme that I realized how big the gap is between traditional finance and on-chain finance.

**The "Glass Door" of Banks, Broken on the Chain**

Traditional banks verify identity and credit ratings, screening out most people. But on the blockchain, it's a different story. As long as you have a wallet, no matter where you are, you can access the same financial services—no discrimination, no lengthy approval processes. This sense of financial equality is incredibly satisfying.

**Ownership of Assets, Truly Back in Your Hands**

Storing money in a traditional bank essentially means giving up control of your assets. But on the blockchain, it’s the opposite—you always have your assets in your wallet, managed by smart contracts. The code is transparent and open, no one can manipulate it behind the scenes, and no one can freeze your assets at will. This sense of certainty is very valuable in today’s volatile environment.

**Staking, Yield Farming, Lending—One Asset Used Three Ways**

This is the coolest part of on-chain finance. For example, staking BNB to receive liquidity tokens, which can generate continuous yield and also be used as collateral to borrow stablecoins. Think of it like mortgaging your house to get a loan, while the house still earns rent—capital efficiency is off the charts compared to traditional finance.

**Ecosystem Ambition: Becoming the Liquidity Hub of the BNB Network**

The ultimate goal of these protocols is to become the liquidity center of the entire ecosystem, continuously improving asset utilization through various innovative mechanisms. The prospects look promising and worth paying attention to.