Recently, I've been looking at projects on RWA blockchain, and everyone is fixated on "on-chain liquidity." To put it simply, much of it is digital assets supported by order books and market making. When it comes to redemption, the sticking points are: the window period, limits, fees, offline review materials... If any of these don't match up, you're only left to swap in the secondary market. Anyway, I’m currently treating the redemption path as the main focus—who signs, who holds custody, who can freeze, who can modify the order. For those with unclear multi-signature and permission tables, no matter how lively it gets, I just pretend I didn't see it. By the way, hardware wallets are out of stock, phishing links are everywhere. At a time like this, I really can't believe anyone still dares to click on "Airdrop/Redemption Entry." First, double-check the signatures and URLs three times before proceeding.