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Hey guys, Join us this Friday at 3 PM CET for an exclusive chat in the #RWAAlliance special:
https://x.com/i/spaces/1yNxagjRYvjGj
Full details and panel here:
https://x.com/AurusOfficial/status/1819128348976542013?t=LpKhK5MaDfDpXwFNJZR35A&s=19
Base Assemble on Polytrade Pt. 1
https://x.com/i/spaces/1yoKMyNWLenKQ
Introduction
The Spaces event kicked off with a round of introductions from various leaders in the DeFi space, including representatives from Clearpool, Polytrade, Names, and Maple Finance. Each speaker provided a brief overview of their projects, highlighting their recent milestones and areas of focus.
Challenges in RWA Adoption
→ Data Fragmentation and Trust:
Speakers identified data fragmentation and lack of trust as significant challenges. Polytrade's Piersh emphasized the need for a unified data capture mechanism to ensure transparency and reliability. The issue of trust extends to ensuring the accurate custodianship of physical-backed assets, as highlighted by the concerns around previous non-transparent token practices.
→ User Experience and Integration:
User experience remains a widespread issue. Justin from In Finance pointed out the complexity in onboarding users to DeFi and RWAs. The usability issues stem from navigating multiple blockchains and wallet interfaces, which pose significant barriers to mainstream adoption.
→ Buy-Side Demand and Liquidity:
Sid from Maple Finance and Jacob from Clearpool noted that boosting buy-side demand is crucial. Many projects are capital-constrained and need higher liquidity. They stressed the importance of differentiating their product offerings from traditional finance to attract more capital.
Multi-Chain Strategies
Speakers discussed their strategies for navigating multi-chain environments. Matthew from Denari and Sid from Maple Finance highlighted the importance of evaluating each chain's stablecoin volume and the potential for immediate user interest. The main challenges in multi-chain deployment were identified as BD efforts and resource allocation rather than technological hurdles.
Future Directions
→ Regulatory and Macroeconomic Factors:
Several speakers, including Sid and Daniel from Names, pointed out that regulatory clarity and macroeconomic trends could significantly influence the DeFi and RWA sectors. The upcoming US elections and potential rate cuts were identified as key events to watch.
→ Technological Integration and Standardization:
Participants expressed optimism about the future, stressing the need for improved integration of RWAs with DeFi protocols. Standardization of data and assets was highlighted as an essential step toward achieving seamless multi-chain operations. They also discussed the potential for fintech collaborations to make DeFi more accessible to traditional investors.
Conclusion
The session concluded with participants sharing how the audience could follow their progress and engage with their projects. It was evident that while the RWA space faces several challenges, it holds immense potential for growth and innovation in the DeFi ecosystem.
Full Verbatim Transcript along with Timestamps can be found here:
https://polytradefinance.notion.site/Base-Assemble-ON-Polytrade-Pt-1-984b623d16384619967107db1d2cb254?pvs=4
We are live with Centrifuge, Clearpool, Maple, Dinari, Nayms and Anzen?
You can’t miss this one ?
Time to check your wallets! Are you among the lucky 15 to win USDT rewards from the Messi backed RWA Raffle on the Polytrade marketplace? ?
*? Urgent Reminder to Report Spam ?***
Please remember to actively report any and all spam-related Polytrade groups that you come across.
Your vigilance is crucial! ?️♂️
Only interact and engage with our official Polytrade channels:
Let's work together to keep our community safe and spam-free! ?
Thank you for your cooperation and attention to this matter. ?
?One ?? hour ?? to ?? go
Enter the raffle, buy a fraction- remember the bigger the higher chances of winning, or enter for $6.
Make it yours -> https://lnk.polytrade.finance/themessiraffle
Excited to present external rewards for the Polytrade community.
@Condo_Base is giving away 100M exclusively to @Polytrade_fin, @AurusOfficial and @TradeStrikeBVI and guess what? Polytraders have a unique opportunity! Here's how you can seize it??
? Leaderboard Rankers:
Check your wallets for an exclusive Condo Pass! The snapshot has been taken and all rankers above 2600XP (with a sneaky bonus for Secret XP ?) have this pass, giving you a significant leg up!
Read more ↴
https://twitter.com/Polytrade_fin/status/1790094114652041577?s=19
Only 24 hours to go until #SeamlessDXB! ⏰
From the 14-16 May, you can find @Polytrade_fin on the Seamless Middle East expo floor!
Don't forget to stop by our booth - SP45
Reflections & Leaderboard Rank Holders.
Exclusive privilege coming your way.
Monday, 13.05.24
"Chatting about RWAs on a beautiful Friday along with @Polytrade_fin
Bringing back our usual panel of people to get into it, don't miss it ?️
Set those reminders ?"
⏰ 3:00PM UTC
? Today, March, 15th, 2024
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Your easy, fun crypto trading app for buying and trading any crypto on the market
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Last updated 2 weeks, 5 days ago