#ONDO RWA Token Ondo Finance will launch its US stock tokenization product Ondo Global Markets on September 3, currently only available to users outside the United States due to compliance issues. This is undoubtedly good news for investors who want to buy US stocks but have no channels to do so, but the positioning of the Ondo token is quite awkward. There are no reasonable buyback, Gas, or other mechanisms to share in the project's profits; there is only extremely limited Ondo Dao voting rights (most of the chips are still held by the project party). Apart from being a 'blood bank' for the project party, I can't think of any other value for this token. The narrative and future of RWA are undoubtedly promising, but are you willing to pay for such an insincere token economic model?
#DOT Lin Jiawen will return to Parity as CEO in late August, giving a strong impression of a comeback after a period of seclusion. Will he bring revolutionary new technology to Web3 again? Or will he continue to paint a grand vision for cross-chain solutions? In any case, Polkadot can no longer wait; if it cannot create a wave during this bull market cycle, the next four years will bring another winter for Polkadot.
Straight to the conclusion: Ethereum's current market trend has no ceiling, and there will never be an Ethereum below 2000 in the future. There are three reasons: 1. The pledge mechanism is optimized. The most important thing about this round of upgrades is to remove the original upper limit to increase the income and efficiency of institutions that pledge in batches. On-chain pledge will soon break new highs. 2. Without any technical defects or loopholes, ETH has never changed. It is still the most decentralized and secure public chain (the bybit incident must have been caused by the leakage of private keys and has nothing to do with on-chain security). Some kols said it was an Ethereum problem, and $capital absorbed enough chips at a low level. 3. The last and most important factor is that Ethereum's pledge ETF in the United States is likely to pass this year. After all, the president personally held it in the second half of the year, and it was also in the US interest rate cut cycle. At that time, it will get out of the crazy market.