🎉【Gate Singapore Flagship Event · Square Fun Quiz Challenge Day 1】
#TOKEN2049# is just around the corner, and Gate is bringing the heat to Singapore!
Token of Love Music Festival, Gate x Oracle Red Bull Racing Reception, and the F1 Race Viewing are all set to roll out!
Join Square Fun Quiz Challenge now, test how much you know about the events and share $100 BTC in rewards!
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📖 Day 1 · Quiz (Single Choic
The trend of RWA is up, and the whole world is planning to enter the market. By 2030, the market size of RWA in cryptocurrency is expected to reach 10 billion US dollars. Let’s briefly introduce 1/What is RWA? Real-world assets refer to existence Tangible assets in the physical world, such as real estate, commodities, and artwork. Additionally, it includes a growing number of capital markets products in which digital securities are tokenized and offered to retail investors. 2/ RWA dominates lending and yield generation activity in traditional finance. However, they are relatively untapped in DeFi. RWA makes up the majority of global financial value. For example, the total value of global real estate is about $362 trillion, and the fixed income bond market is worth $127 trillion. 3/ How does RWA work in DeFi? Developers typically use smart contracts to create tokens representing RWA while providing off-chain guarantees that issued tokens are redeemable. This opens up the possibility of bridging real-world assets to DeFi. 4/ Sustainable Yield RWA can provide sustainable income by bringing cash flow to DeFi. It also allows fractional ownership of assets, making it easier for investors to buy and sell fractions of them. 5/ Undercollateralized loans DeFi provides new sources of loans and improves capital efficiency, making undercollateralized loans possible. The removal of middlemen and the use of smart contracts in certain operations paved the way for undercollateralized loans. Currently this sector token selection $polyx$ about $tru$ enj $rsr$ perl $mkr$ Snx$lto can choose some boarding, the current sector is still in the early stage, and it is worth paying attention to in the future. More projects to be excavated will be pushed more, welcome to pay attention