These days I've come across a bunch of projects on RWA being on-chain, the liquidity on the page looks quite lively, pools are also full, but I now have a bit of a "calm down when you see it" attitude... To put it simply, being able to sell on-chain does not mean you can actually redeem at that price. The redemption terms are the key: T+ how many days, who acts as the market maker, whether it can be paused in extreme situations, whether you need to queue, if these are not clearly written, I just treat them as nonexistent.

Recently, the calendar for staking unlocks and token unlocks has been repeatedly mentioned, everyone is anxious about selling pressure, but I’m more concerned about "where exactly is your exit point." I used to follow an account that kept touting RWA stability every day, but when I checked the terms, I found that redemption takes time and might even be discounted... I immediately unfollowed to avoid being carried away by emotions. Anyway, I only do actions that can be verified: first read the terms, look at actual redemption records, if there are none, I treat it as a liquidity illusion. That’s all for now.