I read this update from $ASTER x $WLFI and it feels like it's not just a partnership for the sake of it
but is trying to build a clear 'flow' for RWA
The most notable point is USD1
no longer just an ordinary stablecoin
but is being positioned as a base layer for asset valuation
Kind of like how $USDT or $USDC used to do
but this time focusing directly on RWA
This makes me think of something simple
if everything is priced in USD1
then liquidity will start concentrating in one place
and that's what really creates the network effect
The initial markets like $XAUUSD1, $XAGUSD1, $BZUSD1
sounds like tradfi
but the approach is onchain-first
The interesting thing is the fees are very low
the maker also gets a rebate
→ clearly incentivizing liquidity right from the start
But I still see this as a very early phase
it's more like 'setting up infrastructure' than real adoption
The bigger question is
whether liquidity will actually stay
or just incentive-driven volume like many DEXs before
For me, the narrative is quite beautiful
RWA + separate stablecoin + separate market
sounds very trend-aligned
But to become a real game
then we have to see after the incentive decreases
is there anyone left to play?