Making RWAs work harder

Recent developments in the RWA space make its exponential surge inevitable in the foreseeable future. Once this sector matures, we can anticipate a rapid influx of real-world value into the crypto market, with a high-level estimation of $16T worth of assets tokenized by 2030. T-bills and other fungible assets are sort of low-hanging fruit, and some developments on top of them are already making waves in crypto (Franklin Templeton’s RWAs are notable examples).

However, things are getting more complicated when it comes to other less ‘fungible’ assets. Most DeFi protocols still find it challenging to adopt these assets due to difficulties in standardizing their valuations and risk assessment. A lack of reliable data feeds that supply accurate and temper-proof data on RWAs adds to this complexity.

The Enjoyoors protocol essentially supports long-tail assets and doesn’t rely on regular DeFi liquidations through collateral sell-offs. Its more flexible design enables unifying non-standardized RWAs and deploying their value as gigaAssets to vanilla DeFi protocols. This approach can facilitate a real breakthrough in RWA adoption across the broader DeFi.