Recently came across a bunch of "RWA on the chain," basically just moving offline assets onto the blockchain and putting a shell around them.


Seeing that the liquidity in the pool is quite sufficient, but when it comes to redemption, you realize there are a bunch of terms: T+ several days, limits, whitelist requirements, even "special cases can be paused"...
Isn't this just a liquidity illusion? The feeling that you can sell anytime on the chain is a bit like a filter.
Anyway, when I look at these kinds of projects now, I first check the redemption rules before looking at the returns—don't be fooled by that "can exit" on the interface.
By the way, recently the testnet points have attracted people again, and everyone is guessing whether the mainnet will issue tokens.
I just... keep grabbing, but don’t treat the future as salary.
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