Institutional investors are rethinking the value appreciation logic of Bitcoin. Locking BTC in exchange for governance rights while earning stable returns — this approach is being adopted by more and more large investors.

Unlike traditional lending platforms, this model abandons leverage operations. An annualized return of over 4% may not sound exaggerated, but the key is that it is entirely based on on-chain settlement, with no risk premium from intermediaries. Your assets remain fully controllable, and the returns are transparent.

Participating in ecosystem governance also has additional significance — not only can you influence protocol development decisions, but you can also gain more say in value distribution. For institutions pursuing steady returns, this is more attractive than simply holding tokens passively. Safe, transparent, and participatory — this is what institutional-grade asset allocation should look like.