Lately, I've been talking about concurrency and sharding again, feeling like suddenly there are several stages in the square, each quite lively, but I still focus on the two most basic things: where to place assets more securely and whether I can exit when I want to. Especially with NFTs, when sentiment shifts, liquidity drops like a tide going out. It looks lively on the surface, but when you actually want to exit, you realize the door is a bit narrow.

Some people also compare RWA, US Treasury yields, and on-chain yield products together. Listening to that, I feel a mix of amusement and nervousness... No matter how smooth the explanation of returns, don’t forget who’s holding custody in the middle, who can freeze assets, and who’s backing the guarantee. Anyway, I’d rather go slower now, figure out the exit strategy first, and then join the crowd.