Our Working Group had its 3rd Twitter space yesterday, on the proposal we have put before the DAO for diversifying into RWAs. It was well attended with 296 people tuning in.
We gave a brief overview of the proposal and how stable assets can be used to create innovative instruments like CDPs which allow grantees to convert ARB without liquidating them.
We also had Ondo finance, Backed fi, Centrifuge and Open Eden come up on the stage and take the audience through the nitty gritties of RWAs and how to judge a service provider and their compliance with the law.
In the last segment, the audience came up on stage and asked clarifications of the providers.
Our next few updates will pertain to passage of STEP 1, along with the research reports from the partners we have awarded rapid research grants. Our WG co-lead will also soon be releasing the results of his research into CDPs.