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Recently, I looked at projects on RWA blockchain, and on the surface, the liquidity seems to be as real as money.
Opening the pool, the depth is as thin as the seaweed I snack on at night...
Honestly, the soul lies in the redemption terms: T+ several days, queuing, limits, or even a pause in "special circumstances."
You think you're holding on-chain assets, but actually you're holding a "waiting for notification" slip.
The modular/DA developer community is talking excitedly, while users are still asking what this has to do with whether they can redeem anytime.
I understand that too.
If I could keep only one habit: read through the redemption terms before buying.