When engaging in DeFi liquidity mining, many teams fall into the same trap—focusing solely on one-way output of returns, which ends up trapping themselves.

What exactly is the situation? Taking the USD1 liquidity pool as an example, most operators divide the three types of rights—slisBNB, clisBNB, and LISTA—into "boss" and "workers." slisBNB is proudly pinned as the "empowerment side," while the other rights are the "beneficiary side," which can only drain value in a one-way manner. It sounds like a clear division of labor, but in reality, it’s a dead cycle— the empowerment side constantly consumes its own value, and the beneficiary side can’t truly come alive.

How bad is this approach? The pool’s returns rely entirely on a single type of rights. If this rights token sneezes, the entire ecosystem’s earnings will plummet significantly. Over the long term, the annualized return is basically capped at 40%-45%, unable to break through. In simple terms, it’s not competitive; investors will turn away at a glance.

The Spark Team, over the past few years, has been navigating the DeFi ecosystem and has thought of an alternative approach—rather than letting rights work in a single thread, why not make them mutually nourish each other?

How is this achieved? They completely reorganized the rights relationships. slisBNB is no longer just a "output machine," but becomes a "basic feedback port"—not only generating credit value but also capturing dividends from other rights. clisBNB’s role is the "circulation feedback port," which in the value chain is not just a middleman earning a spread but can also optimize the overall empowerment efficiency in a reverse manner. LISTA, as the "advanced feedback port," is responsible for amplifying the value ceiling of the entire pool while also absorbing support from underlying rights.

These three rights mutually interlock and supply each other’s blood, forming a closed loop of "forward empowerment → reverse feedback → bidirectional reinforcement." What’s the result? The consumption and replenishment of returns are balanced, allowing growth and optimization to proceed simultaneously.

Data speaks for itself. Last year, the Spark Team used a $500,000 USD1 liquidity pool as a pilot. Amid three rounds of policy adjustments in the ecosystem and multiple market shocks, they achieved an annualized return of 74%, with well-controlled maximum drawdown. This achievement is already a breakthrough level among similar products.

The key is that this system does not rely on a single point breakthrough but on multi-dimensional rights interactions. When one rights token cools down, the reverse feedback from other rights can compensate; if one link faces risk, other links can disperse it. It’s like a true ecosystem, not just theoretical models on paper.

What does this mean for investors? It means your returns are no longer dependent on luck but are supported by underlying logic. It means that even in market turbulence, the liquidity pool has the capacity for self-repair. This is the kind of long-term financial product worth holding.