Recently, I’ve been getting a bit itchy about projects on RWA chain, basically the kind that give a sense of security like “finally backed by real assets, won’t go to zero”… but when I look at the redemption terms, I calm down: on the chain, liquidity seems quite sufficient, but when you actually want to withdraw, you might have to queue, wait at the window, and you could be blocked by various conditions. This kind of liquidity feels a bit like an illusion. Not to mention some pools with large slippage, making me suspect I’m being sandwiched; mempool congestion, orders just for show. Recently, Meme/celebrity calls keep cycling, and veteran players advise not to take the last step—I really believe it. A “attention asset” with a different packaging is the same. Anyway, I’ll first clarify the redemption process and turn on all protection settings, then talk.