In the DeFi world, there is a clever strategy that smart investors play called "One Fish Multiple Eats"—making the same asset perform multiple functions simultaneously to earn multiple streams of income.

The core logic is actually simple. Suppose you hold interest-bearing assets like PT-USDe, which generate daily yields. Instead of just earning this yield, you can collateralize it in a lending protocol to exchange for low-cost USD1 stablecoins. The brilliance lies in—you're not losing the original asset's yield, and you also gain access to cheap capital. This money can then be invested into high-yield scenarios to earn another round. In the end, calculating the total, the overall return rate can be impressively attractive.

The operational approach for blue-chip tokens like BNB and ETH is exactly the same—good liquidity, favorable collateral ratios, and even easier to get started.

Why is this strategy so popular now? The key is finding reliable platforms. A good lending protocol needs to do several things well: First, the operation process must be smooth, preventing users from being confused by complex financial logic. Second, the technical and resource investments must be stable and continuous, so the protocol can innovate while remaining secure. Third, security must be guaranteed—mature design combined with community oversight ensures funds' safety. Fourth, the ecosystem should be open—beyond lending, it should connect staking, airdrops, and other yield scenarios to create a true yield aggregation hub.

User feedback is the most direct indicator. People who have actually used such platforms share their "recipes," comparing the efficiency of different collateral types and timing their fund optimization. This active community atmosphere itself demonstrates the product's value.

Low borrowing costs are the key to unlocking all this. When financing costs are cheap enough, everyone has the opportunity to participate in multi-threaded yield games, truly democratizing finance.

Digital assets shouldn't be quietly held in your hands. They can be fluid, proliferate, and showcase their capabilities across different scenarios. If you haven't tried this strategy yet, start exploring with low-cost lending platforms. Once you experience that sense of efficiency and returns, you won't want to stop.