Similarly, for RWA All Things On Chain, one business model is to directly sell volatility, while the other is to resell yield from real-world assets. The former is represented by RobinHood Chain, while the latter is represented by Plume. It must be acknowledged that the former is more sustainable, while the latter heavily relies on the current high benchmark interest rate environment in the United States. The view advocated by short selling institutions that the Fed's interest rate cuts would harm Circle's profits also applies to Plume's business. So, Plume needs to prioritize safety and change its single asset structure as soon as possible. Introducing USD1 is a great brand promotion, but if we could introduce or create a DeFi protocol similar to @ ethena_1abs that has market anti fragility properties and generates real yields, it would surely elicit a more positive response from the market.