There is no shortage of creativity in the DeFi ecosystem, but projects that can connect complex logic into a self-consistent closed loop are rare. On the BNB Chain highway, there is a project that combines decentralized stablecoins, liquidity staking, and mining rewards to build an interesting monetary ecosystem. Its goal is straightforward—allow your crypto assets to flow more flexibly while generating stable yields.

**How does it work? Let’s start with collateralization.**

You can lock in mainstream tokens like BNB, ETH, etc., as collateral. The protocol then generates a corresponding decentralized stablecoin, lisUSD, whose value is pegged to the US dollar. This logic is similar to MakerDAO’s approach, but it’s implemented on the cheaper, faster BNB Chain, significantly reducing transaction fees. The key is that the collateral you deposit remains under your name (in the form of token certificates), allowing you to continue earning staking rewards. Meanwhile, the lisUSD you mint can be freely used—traded, paid, or invested in other DeFi protocols—fully activating the asset’s liquidity.

**But that’s not the whole story.**

The project further innovates. When you stake BNB, you receive a liquidity staking token called slisBNB, conceptually similar to other chains’ stETH or stBNB. The clever part is—you don’t have to stop there. You can re-deposit slisBNB into the protocol, using it again as collateral to mint more lisUSD, or put it into specific liquidity pools to keep earning. This creates a nested capital efficiency channel, allowing each asset to be activated multiple times.

It may seem complicated, but in practice, if you want stable liquidity and reliable yields, this design is particularly attractive. Especially for users who want to participate in DeFi but avoid the high fees on Ethereum, the complete stablecoin + staking system on BNB Chain indeed offers a feasible option.