Just opened a position on BG and happened to see a pop-up screen. Did some research, and after BG's UTA launched rSTRC recently, I think it's pretty solid and has some highlights! The most noteworthy part of this product isn’t just about buying a preferred stock-backed token, but how it turns rSTRC’s income structure into a strategy for cyclical re-leveraging. ▶️ rSTRC itself has two key features: 1. High fixed interest: It corresponds to MicroStrategy’s preferred stock-backed token, with an annual fixed dividend of about $12. Based on the current price, the static dividend yield is roughly 15%. 2. Deep discount: Its face value is anchored at 100, but the current market price is around 75-80, naturally leaving room for discount recovery. If you simply hold it as spot, the returns come from dividends + discount recovery. But BG UTA’s advantage is that it supports multi-asset collateralized lending. You can put rSTRC into a unified account as collateral, borrow USDT, and buy more rSTRC, forming a cycle: Buy rSTRC → Collateralize → Borrow USDT → Buy more rSTRC → Continue expanding the position. Essentially, it amplifies rSTRC’s two layers of returns: 1⃣ Fixed dividend income; 2⃣ Price recovery from the discount range to 90-100. So the significance of BG UTA this time isn’t just “adding a new trading pair,” but providing higher capital efficiency for income-generating assets like rSTRC. ❇️ Of course, this isn’t about blindly maxing out leverage. Fish Bro is more inclined to see it as a tool for enhancing returns in the 2-3x range: using UTA’s lending capability to amplify an asset that already has cash flow and discount recovery potential. ♐️ For us, the advantages are straightforward: First, no need to split assets across multiple accounts—you can complete collateralization, lending, and trading all within a unified account. Second, rSTRC can be used as collateral, improving capital utilization. Third, dividends are distributed every two weeks, providing continuous cash flow during the holding period. Lastly, if the price recovers from 75-80 to 90-100, leveraged positions can simultaneously amplify the price recovery gains. This type of opportunity isn’t about chasing short-term price spikes but rather for those who understand the combination of “high fixed interest + discount recovery + UTA cyclical re-leveraging.” ❗️❗️❗️ In one sentence: BG UTA transforms rSTRC from a regular spot holding into a cyclical re-leveraging income-enhancing strategy. Definitely worth checking out! @Bitget_zh