Four years of operating liquidity pools have completely changed my understanding of asset allocation. In the first three years, I made a serious mistake — I saw slisBNB, clisBNB, and LISTA as competing independent sectors. To chase high returns from LISTA, I cut my slisBNB positions; to seize new opportunities with clisBNB, I diverted governance funds. As a result, all three rights collapsed, with one month even experiencing an 11% pullback. That lesson was very profound.

The key turning point came when I realized a problem: I had been operating this liquidity pool with a "zero-sum game" mindset. Every time I tried to strengthen one right, I inevitably weakened another. This win-lose approach was doomed to fail. The true advanced growth method should be to create a "symbiotic system" among these three rights — interdependent and each playing its role.

So, how exactly to do this? slisBNB acts as the foundational support, providing a secure base and voice for the entire ecosystem; clisBNB serves as the central link, continuously injecting liquidity and credit value, connecting the base layer and the gain layer; LISTA is the engine, driving the entire cycle through governance rights and value premiums. In this way, it’s not simply 1+1+1=3, but a long-term growth where 1+1+1>3. The key is to stop internal competition and start building a collaborative mechanism.