Actually, everyone understands that the most visually appealing aspect of RWA on the chain is liquidity: the on-chain order book looks quite full, but when you click in to check the redemption terms, it’s T+ a few days, quota limits, or even waiting for the manager’s approval, which is not quite the same as being able to redeem anytime. I usually break down the details when running a node: I first screenshot and save the redemption window and the trigger conditions for pausing redemptions, then check if the on-chain issuance and redemption match; if not, I treat it as a packaged note, not a cash substitute. Recently, memes and celebrity endorsements are making another round, and newcomers are easily fooled by the phrase “can sell at any time.” Anyway, don’t take the last step; first, figure out whether you can redeem and how to redeem.