I set a rule for myself: when I see narratives like "RWA on the chain that seem very stable and can be withdrawn at any time," I don't look at the returns first, I check the redemption terms first. To put it simply, the liquidity on the chain is often an illusion; if someone is willing to buy on the secondary market, it doesn't mean you can redeem at net asset value. When faced with pauses, queues, discounts, manual reviews, and the like, it quickly shifts from "withdraw anytime" to "wait for notification." I’d rather make it a bit more troublesome and treat it as a locked asset, only engaging if I can accept the worst-case scenario. Recently, social mining and fan tokens that follow the "attention as mining" model also seem similar; just because it's lively doesn't mean it can be cashed out. Anyway, I first make sure I understand the rules clearly so that emotions don't sign my name.