This is the third time I've seen RWA on the chain being hyped as a "cash cow on the chain," and I'm just numb. Honestly, the liquidity on the chain often looks like a visual effect; when it comes to redemption, you realize the terms are longer than the contract itself: window periods, limits, T+N, even "special cases may be suspended"... If you want to exit at any time, they give you a queue number. What's even more hilarious is that Layer 2 outside is still arguing over TPS, fees, subsidies, making noise like a market, but no one cares whether the underlying assets can be successfully redeemed. Anyway, I'll just reduce my position a bit so I don't start falling the moment I go long.