Decentralized Finance may become the new safe haven: asset protection strategies amid global economic uncertainty

Recently, international trade frictions have heated up again, with certain countries imposing tariffs on imported cars as high as 125%. This trade war is not new, but this upgraded version has indeed made the global capital markets feel strong resonant pressure once more. While there is widespread risk-averse behavior in the stock, commodity, and bond markets, the response from the cryptocurrency market has been relatively calm. This phenomenon raises a thought-provoking question: in the current structural economic frictions, is DeFi regaining its status as a "safe haven"?

Although there was a reserved attitude towards this statement in the past, the current view is gradually changing. Here are some observations and thoughts:

Tax Policy Easing Brings Certainty to Decentralized Finance

In March of this year, a certain country's Senate passed a resolution that is very favorable to DeFi users, temporarily suspending the requirement for on-chain protocols to report user transaction information. Although this decision cannot be equated with "tax exemption," it undoubtedly alleviates the short-term tax compliance pressure of on-chain interactions significantly.

This policy provides users with a subtle yet crucial opportunity window: to rebuild confidence in on-chain asset allocation in an environment with relatively low regulatory friction. This situation is similar to how international capital has historically utilized offshore markets as a "low-friction channel"; DeFi seems to be gradually taking on this role.

Structured returns become the focus of attention

The greater the market uncertainty, the more capital tends to seek investment paths that are "structurally certain", even if the yields are relatively low. This explains why Staking products have begun to regain market favor. Users stake their assets on the mainnet to earn protocol layer rewards, which have a clear logic, predictable paths, and relatively low volatility.

Especially in certain ecosystems, on-chain staking tokens can also participate in other Decentralized Finance activities, such as lending or liquidity mining. In this way, users can retain Staking rewards while not completely sacrificing liquidity. This actually forms an on-chain logic that is closer to "structured financial management": the income comes from the underlying protocols, the risks are mainly concentrated on the mainnet security and the DeFi contract layer, while the investment paths and expectations can be reused and tracked.

On-chain transparency becomes an advantage

Although future tax and regulatory policies remain unclear, it is certain that on-chain protocols with complete records and clear structures will have greater long-term viability than gray operations. Some projects may not be blockbuster hits, but their operational paths are very standard: users stake native tokens to obtain derivative tokens, which can then be used for collateral, lending, or providing liquidity. The entire asset path is traceable, and contract behaviors are public, laying the foundation for future compliance integration.

The combination of "structural + transparency" has instead become a competitive advantage at this stage. While it may not necessarily bring extremely high returns immediately, it can provide stability over time.

Decentralized Finance从工具拼贴到资产配置系统

The use of DeFi is shifting from simple "tool arbitrage" to building "asset structures". For example, users can stake native tokens to obtain derivative tokens, then use these derivative tokens as collateral to borrow stablecoins, and finally use the stablecoins for liquidity mining or participating in on-chain physical asset projects, with the entire process automating compounding.

Although this operation path is not complex, it is no longer a simple speculative behavior, but rather a structural yield model on the blockchain, which can even be likened to "actively managed portfolio assets". From this perspective, DeFi is gradually shedding the impression of "high risk and high volatility" and evolving towards more mature financial instruments.

Important Timing for Building On-Chain Structures

The current attitude towards DeFi is: although it is not a window period for huge profits, it may be the most worthwhile phase to build structure and accumulate positions before the next round of slow bull market starts.

If you believe that macro uncertainty will continue, do not want to invest all assets into high-volatility targets, and hope to gradually establish a complete system in terms of taxation, compliance, and on-chain returns in the future, then starting to build an on-chain "structured income portfolio" now may be a worthwhile option to consider.

Although certain specific projects may not necessarily be the optimal solution, their operational mechanisms do possess the characteristics of "explainable, composable, and iterable," making them a part of this structural experiment.

Although it is impossible to predict when the next cycle will arrive, building structure from now on is undoubtedly the right direction.