I have to admit that RWA has been so popular in recent months, with countless Web2 bosses lining up in Hong Kong to put their unsalable garbage on the chain, and of course, there are also a large number of good and bad middlemen who want to take the opportunity to make a profit.
I've also watched a lot of decks, but in terms of form, most of them focus on the "issuance and on-chain" of assets, regardless of the specific hype, the core is the same gameplay.
The recent discovery of the integration of oracle @redstone_defi on Solana that has been in the spotlight shows a new direction for RWA:
Instead of creating new assets, the input structure of DeFi protocols will be adjusted to traditional financial derivatives.
Specifically, the integration of @DriftProtocol into RedStone's RWA oracle means that on-chain yield strategies are no longer limited to crypto assets, and data from traditional financial instruments such as treasury bonds and credit products can also begin to be used as a price basis.
Applying a macro-financial approach, this represents a fundamental change in the supply side of DeFi protocols.
Drift was particularly critical in this integration. As one of Solana's most active perpetual trading platforms, Drift can be understood as a trading system where composability and high frequency coexist.
With access to the RWA price feed provided by RedStone, Drift has the potential to launch derivatives contracts based on actual credit spreads or T-Bill yields in the future. Traders can gain exposure close to real financial markets without leaving the chain.
The marketing significance of this update is the least worth mentioning, and more importantly, the product structure richness and competitiveness of DeFi protocols have been greatly improved. In the future, as more traditional financial product data is connected to DeFi protocols through RedStone, more and more interesting chemical reactions may emerge.
#Oracle
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