I almost impulsively rushed into a new RWA pool just now—thankfully I took a look at the redemption terms… The project team kept hyping it up, saying the on-chain liquidity is so great, but when you look closely, redemptions have to queue up + there’s a lock-up period, and you also have to wait for them to decide based on their mood. It’s basically liquidity illusion—like putting a sign in a vegetable plot saying “we harvest every day,” but the sickle is locked in a safe like 😂

Recently, that certain blockchain has been rolling out an upgrade again, and everyone in the group is speculating whether ecosystem projects might quietly migrate during the process. Honestly, once RWA is put on-chain, the liquidity looks very tempting, but if the redemption terms are written ambiguously, you won’t be able to run later. I’ve learned this now: first read the “withdrawal” section in the whitepaper—more important than looking at any lock-up volume. Growing vegetables—before you sow the seeds, check whether there are pests in the soil.