Recently, there has been a lot of discussion about RWA on the blockchain, but I always feel that "liquidity" is often an illusion: being able to click a button on the chain doesn't mean you can really exit at any time. The key factors are what the redemption terms say, how long the window period is, and who gets paid first in a run. Basically, it's similar to queuing to withdraw a deposit. The kind of inflation in blockchain games plus the studio entering the scene, causing a spiral in token prices and then crashing, is actually the same vibe: surface-level excitement, but the underlying value can't be realized. Anyway, as someone like me who takes a cautious approach, I prefer to earn less but understand the exit path clearly before making a move. (Don't find out later that there's a bunch of fine print after "redeemable.")