Recently, I came across a bunch of charts comparing RWA (Real-World Assets) with U.S. Treasury yields and on-chain yield products. It looked quite lively, but my first reaction was: is liquidity really a thing? On-chain doesn't mean you can walk away anytime; many so-called "redeemable" products actually have windows, queues, and delayed settlements. The terms are written very clearly, but nobody likes to read them. Honestly, what you buy might be a "look-alike" savings account disguised as a fixed-term deposit. Anyway, when I look at these products now, I first check the redemption rules and worst-case scenarios. It's okay if the yield is slower; what I fear most is realizing one day when I need money that the exit is one-way.