There is a strange phenomenon in the cryptocurrency circle. If a project is a public chain, then its valuation will be higher. For example, even the dying ERG can be hyped up. However, I think this is wrong. Compared with the DeFi and RWA industries, compatible chains should be given a higher valuation than public chains.
1. RWA and DEFI industries rely on technology levels. Compared with pursuing an independent chain to maintain security, relying on the current main chain is more time-saving and can better research technology. For example, PLUME itself is a RWA public chain but relies on various small RWA applications within the chain, but it has no hard power. If the price offered one day cannot meet the L2 inside, it will become a dead chain sooner or later.
2. RWA has one-hand funding and one-hand project. It is a better choice to face the funding pool of the entire crypto circle. The public chain inherently restricts the development of RWA in DEFI. At the same time, I believe in the choices of AAVE, MKR, ONDO, and TRU.
