The RWA track is receiving more and more attention; USUAL, which Binance is about to list, and the recently well-performing $ondo, and the highly controversial $ban that was listed on Binance contracts, are all high-quality projects in the RWA track.
Since you understand the track, let’s first briefly learn about what RWA and RWAfi are.
RWA is essentially the tokenization of real-world assets through blockchain. A good way to understand it is $ban, which involves art tokenization. There is only one original artwork, auctioned by Sun Ge, but if tokenized, many people can hold it. This can enhance asset liquidity and reduce transaction costs. RWAfi, as the name suggests, is actually RWA + DeFi. As mentioned above, it fills the gaps in traditional finance, allowing for borrowing and trading. In fact, this is RWAfi, which uses combinations of DeFi to create new investment and financing opportunities, lowering the threshold for both individuals and institutions to participate. Most people are concerned about legal issues, as there are legal matters related to real-world assets, so everything will also comply with regulations.
What participation opportunities are there in the RWA track?
Ondo Finance: A decentralized institutional-grade financial protocol supported by BlackRock, already listed on Coinbase, just waiting for Binance, and has risen several times recently, recently attracted the attention of the Trump family.
Prosper: The Bitcoin computing power tokenization protocol has been listed on Binance and has been quite active recently.
Sky: An early leader in the RWA track, mainly related to the lending sector, backed by a16z, listed on Binance, Coinbase, with a market value of 1.7 billion.
USUAL: RWA stablecoin protocol, just launched on Binance's launchpool, performed well before listing, waiting for the official launch.
Plume Network: A modular Layer 1 (L1) blockchain solution focusing on RWA tokenization, the testnet has ended, and there is currently no TGE.
The previous few have already had TGE and have risen significantly, only Plume has not launched yet, so let’s focus on Plume.
Background: Plume has secured financing from Galaxy, Haun, etc. The team includes backgrounds from Pond, Echelon Market, dYdX, Beluga, and Robinhood, and has successfully brought over $1.25 billion in assets from 180 projects on-chain.
Advantages: Not only RWA, but also compliance and security transparency for occasional assets, a typical RWAfi that integrates RWA and DeFi well.
Participation opportunities:
1. The testnet has ended, with 3.2 million users.
2. Currently, there are no tasks in the galaxy, so you can wait a bit.
3. DC has a task channel, you can wait for tasks there.
4. NFT airdrops; the project occasionally has some airdrops, but you need to keep an eye out.
5. Wait for the pre-deposit to be developed again.
6. Wait for the mainnet to launch.
From the recent price increases of RWA-related assets, it is definitely a hot topic lately. While @plumenetwork has not had its TGE yet, you can still ambush. Plume should also be the first project to combine RWA with DeFi. Based on the testnet data, it is also considered number one among unlaunched projects.