Recently, I have been writing an application letter regarding RWA and just went through the RWA projects that are currently online. I noticed $EDEN . Aside from Plume and Ondo, there are indeed very few RWA projects that achieve a Grand Slam in Spot contracts.
Currently, there are two products on the market: one is a U.S. Treasury bond fund, which is quite similar to what other companies are doing; the other is a yield-bearing USD stablecoin, similar to DeFi concepts like Falcon and Pendle, but this USDO is also collateralized by U.S. Treasury bonds. To achieve full compliance and regulation in this area requires considerable strength and government relations. Yzi Lab's investment backing is also quite good; otherwise, they probably wouldn't be able to attain a grand slam. (By the way, can anyone recommend a few good projects in real estate RWA for me to check out?)
I researched the K-line and hit the support level, let's see if there will be a rebound. However, this market cap is indeed quite cheap. According to the OI structure, although it has deteriorated a bit after 1011, it seems that a lot of large holders have recently accumulated long positions. Let's see if this rebound can lift the retail short positions that have been declining all the way down. 👀 It's a pity that I forgot to mine the BNB Holder airdrop with the golden shovel before. 😭
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Recently, I have been writing an application letter regarding RWA and just went through the RWA projects that are currently online. I noticed $EDEN . Aside from Plume and Ondo, there are indeed very few RWA projects that achieve a Grand Slam in Spot contracts.
Currently, there are two products on the market: one is a U.S. Treasury bond fund, which is quite similar to what other companies are doing; the other is a yield-bearing USD stablecoin, similar to DeFi concepts like Falcon and Pendle, but this USDO is also collateralized by U.S. Treasury bonds. To achieve full compliance and regulation in this area requires considerable strength and government relations. Yzi Lab's investment backing is also quite good; otherwise, they probably wouldn't be able to attain a grand slam. (By the way, can anyone recommend a few good projects in real estate RWA for me to check out?)
I researched the K-line and hit the support level, let's see if there will be a rebound. However, this market cap is indeed quite cheap. According to the OI structure, although it has deteriorated a bit after 1011, it seems that a lot of large holders have recently accumulated long positions. Let's see if this rebound can lift the retail short positions that have been declining all the way down. 👀 It's a pity that I forgot to mine the BNB Holder airdrop with the golden shovel before. 😭