This is the third time I've watched a project roadshow for RWA on-chain, and sometimes that little bit of "liquidity" on the chain really feels like an illusion: DEx trading doesn't mean you can redeem at the original price, what really traps people are the redemption windows, queues, minimum amounts, and who bears the cost of disposing of the underlying assets. To put it simply, the more detailed the terms are, the more they resemble TradFi; the more vague, the more they resemble PVP.

Recently, there’s been a bunch of testnet incentives and token expectations, and everyone is guessing whether the mainnet will issue tokens… I actually want to see if it can run through the redemption/liquidation process first. I’ve casually attached a couple of screenshots and links comparing the terms: xxx / xxx (will add diagrams when I have time).