Recently, gold prices hit new highs, and this is not just a simple commodity bull market. It reflects global investors' concerns about fiat currency credibility and geopolitical tensions. Central banks around the world are overspending on monetary issuance and increasing fiscal deficits, prompting investors to vote with their hard-earned money—using gold to hedge against currency devaluation risks.

Deeper anxiety lies in the fact that the world's "de-dollarization" has become a trend, but clear alternatives have yet to emerge. Although gold has a long history, it has a fatal flaw—it can only store value and cannot generate income. In the digital economy era, this is obviously not enough.

For this reason, LSDFi protocols in the crypto world (represented by ListaDAO) are becoming interesting. They are trying to answer an essential question: can we create assets that possess both "hard currency" attributes and can automatically generate yields through economic activities?

Imagine gold not only preserving value but also continuously appreciating like income-generating assets. This is not a fantasy but an ongoing experiment in crypto finance. As traditional monetary systems face a crisis of trust, new ways of storing and increasing value are being explored.

Gold's rise is a vote against the old system; meanwhile, the innovation of LSDFi could be a preview of future monetary forms. Both seem parallel but are actually pointing to the same question: in uncertain times, what kind of "hard assets" do we need to protect wealth?