Having been involved in the DeFi space for seven years, I have seen too many people stuck in one place—always treating slisBNB, clisBNB, and LISTA as isolated yield tools, never thinking about truly integrating them with liquidity pools. And what’s the result? Yields are forever stuck and immovable.

I’ve also fallen into this trap myself. In 2023, I had a USD1 liquidity pool with $500,000 in funds, and the annualized yield fluctuated repeatedly between 35%-40%. No matter how I adjusted the asset allocation, I couldn’t break through. That’s when I realized the problem wasn’t about operational frequency but the mindset itself—I was treating these rights as tools, never truly integrating them into the entire operational system.

The turning point came in early 2024. I completely changed my approach and proposed the "Rights Penetration" operational concept, which centers on breaking down the wall between liquidity pools and ecosystem rights. Instead of working in silos, I made the three types of rights in ListaDAO into carriers that run through the entire operation process, achieving deep linkage of rights appreciation, liquidity pool premiums, and ecosystem feedback—simply put, making these assets generate cumulative effects at every stage.

After a year of practical implementation, the results exceeded expectations: the liquidity pool’s annualized yield rose to 67.5%, maximum drawdown was controlled at 2.5%, and I accumulated a quite scarce ecosystem rights value. The benefits of this approach are not only increased yields but also the formation of a "Explicit Yield + Implicit Rights" dual-value appreciation cycle, completely breaking the ceiling of traditional operational models.

Next, I will provide a detailed review of this operational model from setup to implementation and optimization—covering how exactly it’s done, the pitfalls encountered, and how to adjust strategies based on market changes. If you’re also facing bottlenecks in liquidity pool operations, this approach should help you think of new possibilities.