I’ve been researching the playbook for financial derivatives on-chain for stocks.

After all, Web3 financial derivatives are already very mature—there’s no reason tokenized stock on-chain shouldn’t catch up.
After all, once users buy on-chain stocks, they can’t just passively wait for price fluctuations to earn profit.
If that’s the case, then it would be like a brick lying in an exchange account: it clearly has the value of gold, but it can’t generate the profits of gold.
These tokenized stocks are simply missing a place to realize their value.
What’s the best way to do it? How can it cover diverse user needs?—these are questions I’ve been thinking about.
Moreover, after all, the stock derivatives market and the stock market itself have already reached tens of ten thousand billions and hundreds of billions of dollars in scale.
I believe it’s not just me—countless users have this need.
And @Gate_zh has, in one go, onboarded five major tokenized securities scenarios, effectively turning tokenized stocks into truly “income-yielding assets,” while perfectly covering the needs of various user groups.
Previously, on-chain stocks = trading = were “dead.”
Gate’s gStocks = trading, collateral, wealth management, margin, and other complex financial derivative scenarios = are “alive.”
1、For users who are bullish on a stock long-term but need cash, everyone can pledge their held gStocks and borrow stablecoins.
2、For long-term holders who are too lazy to trade—can they only wait for stock price up/down gains? No! They can also move gStocks into YuibiBao. Nothing extra to do—just lie back and earn interest from on-demand wealth management.
3、For users who trade both crypto and on-chain stocks, there’s no need for all the transfers to increase margin operations—gStocks automatically serve as margin, continuously maximizing capital efficiency.
4、For financial geniuses of all kinds: they can combine isolated margin, cross margin, and trading bots to implement professional-level complex long/short strategies.
5、This is for everyone. Whether it’s participating in collateral to earn, lying flat while earning as it rises, or other scenarios—so long as the corresponding gStocks belong to the user, this dividend income will be paid out as normal.
So, in other words, with gStocks that you hold on Gate, you can always “eat multiple benefits from one fish.”
A simple “eat multiple benefits from one fish”: deposit into YuibiBao to earn wealth-management interest + dividend income.
A complex “eat multiple benefits from one fish”: collateralize gStocks to cash out USDT, then continue trading the corresponding gStocks, repeat the steps above, and you can obtain leveraged long/short gains + dividend income.
A personal simple example—suggest that everyone can explore more complex, higher-potential yield scenarios on their own.