These days I've been looking at projects on RWA blockchain, and the more I look, the more I feel that liquidity is a bit "so-so": being able to buy and sell on-chain doesn't mean you can withdraw anytime. When it comes to redemption, there are a bunch of clauses about lock-up periods, limits, and even the possibility of suspension. They write it very tactfully, but the meaning is quite clear. Frankly, the trading depth on-chain is more of an emotional comfort; the actual transfer of underlying assets isn't that fast.

Airdrop season also feels similar, with the same set of point-earning tasks that make people feel like clocking in at work. The platform even opposes witch-hunting, which makes me less inclined to join just to "look lively." Anyway, right now, when I look at RWA, I focus first on who promises redemption, how they promise it, and what the trigger conditions are. If I don't understand these, I prefer to avoid it.

What I've learned isn't techniques, but to treat "being able to exit" as the primary issue.