I know that RWA is one of the leading narratives for 2024.
But I realized that I don't know a lot about it.
So, I decided to research the top 3 coins in that category to find out what it's all about.
But I realized that I don't know a lot about it.
So, I decided to research the top 3 coins in that category to find out what it's all about.
I want to invest in real estate, but I can't afford to purchase an apartment.
So, I asked 10 of my friends to invest alongside me & we split the property into 10 shares.
We put these shares on the blockchain and they are now called Real World Assets.
So, I asked 10 of my friends to invest alongside me & we split the property into 10 shares.
We put these shares on the blockchain and they are now called Real World Assets.
This process of putting asset shares on the blockchain is called Tokenization.
Anything can be turned into real-world assets.
But, let's take a look at the 3 largest projects in that category to get a feel for RWAs:
Anything can be turned into real-world assets.
But, let's take a look at the 3 largest projects in that category to get a feel for RWAs:
1/ @centrifuge is an infrastructure project for financing RWAs.
• Transparent
• Fully collateralized
• Legal recourse for LPs
They lower the cost by connecting Borrowers and Lenders directly without middlemen.
• Transparent
• Fully collateralized
• Legal recourse for LPs
They lower the cost by connecting Borrowers and Lenders directly without middlemen.
They built their own Layer-1 Blockchain as well as interesting features for their RWAs.
E.g. private data sharing, securitization, etc.
Their token is mainly used for governance & blockchain security and has a minting & burning feature.
E.g. private data sharing, securitization, etc.
Their token is mainly used for governance & blockchain security and has a minting & burning feature.
2/ @PolymeshNetwork is a blockchain for regulated capital markets such as securities.
It comes with 5 key features.
1) Can't be forked
2) Users need to KYC
3) Scalable compliance
4) Data protection
5) All parties need to sign a TX
Shh, don't get scared.
It comes with 5 key features.
1) Can't be forked
2) Users need to KYC
3) Scalable compliance
4) Data protection
5) All parties need to sign a TX
Shh, don't get scared.
Their 5 key features might sound counterintuitive to the "crypto way".
But it is necessary if we want to merge TradFi with Web 3.0.
Institutions are regulated & Polymesh built a Web 3.0 compatible compliance framework.
Their token is used for Governance & Gas.
But it is necessary if we want to merge TradFi with Web 3.0.
Institutions are regulated & Polymesh built a Web 3.0 compatible compliance framework.
Their token is used for Governance & Gas.
3/ @maplefinance an institutional capital market on the blockchain.
It offers pools with different:
• Strategies
• Risk profiles
• Interest payments
Lenders have full recourse over assets (for some pools) & can download interest statements anytime.
It offers pools with different:
• Strategies
• Risk profiles
• Interest payments
Lenders have full recourse over assets (for some pools) & can download interest statements anytime.
I like their token because they share revenue with their token holders.
They generate up to $60k of monthly revenue.
MPL Holders can periodically vote on how to use Treasure funds.
E.g. Token Buy-Backs or distribution of fees to holders.
They generate up to $60k of monthly revenue.
MPL Holders can periodically vote on how to use Treasure funds.
E.g. Token Buy-Backs or distribution of fees to holders.
Conclusion:
RWAs protocols bridge real world finance to the blockchain.
Web 3.0 users might not be used to KYC and regulations.
However, this makes it attractive to institutions.
RWAs protocols bridge real world finance to the blockchain.
Web 3.0 users might not be used to KYC and regulations.
However, this makes it attractive to institutions.
RWA protocols seem to have a strong focus on Liquidity Pools.
The APR is small but sustainable.
I personally won't invest in the tokens we looked at.
Governance & Gas are weak use cases & I don't know how to value them correctly.
What do you think?
The APR is small but sustainable.
I personally won't invest in the tokens we looked at.
Governance & Gas are weak use cases & I don't know how to value them correctly.
What do you think?
Hey there,
Thank you for taking the time to read my thread.
If you want you can do me a favor by liking/reposting my content.
Just click the link below to repost the first post in this thread.
Thanks, with that you can put a smile on my face. :)
Thank you for taking the time to read my thread.
If you want you can do me a favor by liking/reposting my content.
Just click the link below to repost the first post in this thread.
Thanks, with that you can put a smile on my face. :)
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