YZI Labs invested in Plume Network, focusing on the 'RWAFI' module chain, and took a look at the RWA track situation. The total RWA Onchain scale is about $19 billion, with a 30-day increase of 17.7%; the most active group is personal credit, accounting for 2/3; followed by US Treasury bonds, commodities, global bonds, institutional funds, etc. The most active track for RWA is our humble ETH, accounting for more than 50%, surprisingly ranking second is ZKsync (30-day increase of 1200%+), roughly half of ETH. RWA track project situation and progress: 1. Ethena (one of the favorite products of 2024); recently released a new product Converge, merging TradFi+Defi, also providing a settlement network. 2. AAVE; released Horizen, the core is to occupy the RWA track (community has disagreements). Stani announced yesterday that a new aave Staking will be launched, achieving aave buyback and fee conversion. 3. Frax; the path of frxusd stablecoin (a lot of market progress, not looked into in detail) 4. Ondo Finance; mainly focuses on stocks and Treasury bonds, Ondo Global Markets launched last month 5. MakerDao; announced yesterday that the $1 billion RWA investment allocation target has been finalized, to accelerate the tokenization application of RWA on the defi platform spark. (But previously there was an emergency governance proposal, calling for a return to community consensus) 6. IOST, a star project from 2017, restarted to prepare to occupy the BSC RWA track
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