Lately I've been looking into RWA on-chain again, and honestly, the easiest thing to be fooled by is the word "liquidity": there are pools on the chain, there are transactions, so people think they can exit anytime.

It wasn't until I read the redemption clauses that I realized there are T+X days, quota limits, and even small print like "can be paused in extreme cases," which no one pays attention to during busy times, but when things cool down, everyone comes knocking.
In the group these days, there's been a lot of talk about stablecoin regulation, reserve audits, and rumors that certain tokens might "de-peg," and when emotions run high, sharing these is faster than reading the original texts...
I'm just a passerby, I've seen projects go from noisy to quiet many times, announcements don't really count as fundamentals, redemption does.
That's all for now.