Just saw someone comparing RWA with U.S. Treasury yields to on-chain yield products. Honestly, it gives me a headache—one has liquidity that can go haywire at any time, and the other relies on credit backing. Putting them together just to draw attention is plain and simple. Anyway, I don’t understand it, so I’ll stay put. Earlier, there was a pool that claimed to be “compliant on-chain U.S. Treasuries.” Its TVL kept rising, but when I looked through the contract code and governance voting records, I just felt the logic was twisted, so I didn’t enter. Then two weeks later, someone dug up that the underlying collateral didn’t match the records, and the team was still bickering on the forum. Come tax time at year-end, those friends who kept rushing in were already close to going crazy just trying to organize transaction records—more than a dozen chains, dozens of DEXs, and exporting tables full of messy garbage data. I usually just add a tag for each on-chain transaction as I go. If I’m really too lazy to remember, I just screenshot and save it in a folder—at least that’s better than struggling at year-end to figure everything out from wallet addresses.