Everyone knows this: on-chain RWA sounds great when it comes to unlocking the liquidity of real-world assets, but when you actually reach the redemption step, who can say how many pitfalls are hidden in the fine print. Recently, it’s been nothing but anxiety everywhere—collateral unlocks and fears of token sell pressure from the token calendar—making it feel like you’ll lose money if you don’t run. But I think going slower can actually help you see more clearly: whether those liquidity promises are just talk on paper. I’ve also taken a small position related to RWA, but I deliberately didn’t rush to add—first, I went over the redemption terms carefully and found that many projects actually word them in a vague way, or even require waiting until “market conditions allow” before they can make payouts. Put simply, what’s the difference from lock-up periods in traditional finance? As for me, a laid-back investor, I’d rather make a little less than be jolted awake in the middle of the night. For now, let’s just do this—take it slow and watch closely; the traps are all over the place.