In the field of Decentralized Finance, a new innovation is changing our perception of yields. Traditionally, yields have often been viewed as isolated individual assets, but now, a new approach is transforming them into collaborative, shareable on-chain assets.

The core of this innovation lies in systematizing the interest rate and tokenizing future earnings through special mechanisms. This allows different users and protocols to share or combine these earnings, creating unprecedented collaborative possibilities. Participants are no longer merely passive recipients of earnings but can actively engage in the collaborative process of earning.

This model brings new opportunities for both retail and institutional investors alike. Retail investors can utilize resources more effectively, while institutions can achieve cross-protocol strategy combinations. Importantly, every instance of interest rate generation and the circulation of related assets can be verified on-chain, ensuring transparency and security throughout the process.

This innovation is not just another token or protocol; it represents the infrastructure for on-chain yield collaboration. It demonstrates how DeFi yields can be shared, aggregated, and restructured, breaking the traditional model of isolated single points.

As this ecosystem continues to expand, we can foresee that this characteristic of yield collaboration is likely to become the new normal in the Decentralized Finance space. This will not only change investors' perceptions of yields but also bring more innovation and opportunities to the entire DeFi ecosystem.

Overall, this method of transforming earnings into collaborative assets is opening up a whole new dimension for the DeFi world, pointing towards a promising direction for the development of future financial systems.