In the BTCfi sector, Yala's recent growth is very bright, and its operation is remarkable. Tell me a little bit about my understanding 👇 of Yala's operational cadence 1️⃣ User positioning: Large/institutional and retail investors pay equal attention to the preferences and needs of different groups to launch different products > Large BTC Investors/Institutions: Provide most of the liquidity, requiring the underlying custody to be safe and stable income. > retail investors: large volume and base, the pursuit of high returns Yala has launched a hosting solution that is suitable for both groups of people, opening the ceiling for TVL's growth. 2️⃣ Open casting in phases to enhance market expectations In the area of TVL, the Yala team is relatively "restrained", opening the minting in stages, with an upper limit for each phase of minting, and the TVL of $YU has reached 210M+ in three phases, which is already the second place among all BTC over-collateralized CDPs; At the same time, it cooperates with the mining income of various DeFi protocols to increase the application scenarios and usage efficiency of YU, and revitalize TVL. 3️⃣ $YU fund supermarket, diversified income strategy The primary application scenario of YU is financial management. The Earn section of Yala's website is more like YU's fund supermarket, and the positioning of different income products is also very clear: > Various stablecoin mining ➕ leverage around $YU (I rushed Kamimo+ Rate X, after all, the stablecoin income subsidy is really fragrant) > Yala Lite's limited fixed income 12% wealth management activity (which seems to be an activity for retail investors, has been used 😂 up by large investors for a minute; Another doubt is where the 12% APR gain comes from, which doesn't seem to be clear) > RWA Yield: Yala Real Yield offers three top U.S. private equity fund income products, APY5%+, which are not yet available, and are more in line with the preferences of large Asian investors and institutions 4️⃣ Ultimate Payment Route: U Card + Circle Alliance Yala recently officially announced the cooperation of Alchemy Pay➕Circle, launching a U card to open up the payment scene of YU. The hardest thing for stablecoins to do is to pay, and Yala can easily do two things: a) YU just swaps USDC; b) Use YU to spend, far better than many on-chain stablecoins Behind Yala's rapid growth is the core team's deep thinking about stablecoins and strong BD resources Looking forward to more of Yala's new action @yalaorg @VickyXAI @Bin_YalaLabs @cktlore