to develop / to evolve / to practice / to perform / to play / to act
演
=
寅
+
氵
:
Maud Younger (y) and her plush tiger (寅) are drinking inside of the anthill (an3). Maud is drinking bai jiu, but her plush tiger is just pretending: he acts as if he was drinkingn bai jiu, but secretly he exchanges the booze with water from a bottle of water (氵) next to him.