Just returned to the country and checked my holdings, focusing on $EDEN, and found that the project has actually made quite a bit of progress recently. @OpenEden_X has been very active during this time: first collaborating with Plasma, and soon everyone will be able to see compliant T-bill stablecoins on Plasma; yesterday they also partnered with @stbl_official, allowing USST minters to also earn USDO rewards. This approach is essentially the core of the stablecoin and RWA track: continuous collaboration to build up TVL and use cases, ultimately forming a moat. From the data, the FDV/TVL ratio of EDEN is around 1, which is considered healthy in such a heavily inflated sector, and TVL is still slowly increasing. During the TGE, 7.5% was airdropped, and it has been gradually digested; the current price is not far from the cost level of YZI, and it feels like someone is suppressing the price to accumulate chips. Once market sentiment shifts, there will be people coming out to "braid the economy," haha. Personally, I am still very optimistic about the RWA track, especially for infrastructure like OpenEden that follows a B-end collaboration route. Because the stablecoin sector is not about concepts, but about whether it can truly land, integrate into more ecosystems, and keep funds and scenarios on its own chain. In the long run, the value of such projects is more worth paying attention to than short-term fluctuations. The logic of RWA remains clear, and I will continue to follow the project's development and market reactions.
USDO was designed with compliance and transparency at its core. @Plasma was built to be the settlement layer for global finance. Together, we will form the foundation for scalable, liquid, and regulated capital markets onchain. Trillions. Coming.
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