Traditional DeFi collateralization has a problem that can't be avoided—if you want liquidity, you have to lock up your assets. This "can't have both" situation actually limits the true efficiency of on-chain funds.

Now there's a new approach: can we maintain asset positions while directly obtaining liquidity?

Recently, I saw a protocol trying to do just that. The core mechanism is as follows—it's not only accepting on-chain digital assets as collateral but also supporting RWA (Real-World Asset) physical assets. Through this mechanism, you can mint USDf stablecoins with one click, allowing you to continue holding assets while activating liquidity.

Key points of this solution:

First, there is no forced liquidation structure. In extreme market conditions, you won't be passively liquidated, making risk much more controllable. Second, the all-asset compatibility design bridges on-chain and real-world assets. Furthermore, USDf, as a stablecoin, is tailored for those who need certainty in their capital operations.

In simple terms, this isn't about a new feature but about the dilemma within collateralization logic itself—why does collateralization have to mean sacrificing flexibility?

The project has already launched early incentives, with an 8 million token reward pool waiting to grow alongside the protocol.

If you've ever been forced to liquidate due to collateralization, or if you have sufficient assets but struggle to allocate them efficiently, this approach is definitely worth a close look.