The recent @portals_fi podcast with @MidasRWA hit one of the most underrated problems in RWAs: redemption.
The token clears instantly, the asset behind it doesn't, and someone has to absorb that gap and be paid for it. A shared buffer like MSL is one of the cleaner answers.
We asked @MidasRWA about the RWA unwind problem on The DeFi Drop.
Building a leveraged RWA position can be done in a single block but unwinding it can take days.
@Sumcap published a detailed analysis on this exact problem of who absorbs that risk and how they get paid for it✍️
Congrats to the @Plasma team on the P1 public launch 🕊️
Out of closed beta with real usage already on the board:
~26k cardholders
~$10m card spend
~$11m across Earn + Checking
Live flows:
dune.com/sumcap/plasma-…
