🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
Solana Foundation Chairman: On-chain stocks are the ideal asset that combines both price and value.
gate News bot message, Solana Foundation Chair Lily Liu recently expressed her views on the characteristics of RWA and encryption assets. She pointed out that while RWA has value, it is limited by restricted trading and lacks market pricing; on the other hand, encryption-native assets like memecoin have market prices but lack intrinsic value.
Liu emphasized that a complete encryption infrastructure requires assets that possess both price and value, with on-chain stocks as representative assets. She added that RWAs are subject to regulatory and licensing restrictions, making free trading difficult, and have limited practical utility for issuers and blockchains.
Liu also mentioned that some RWAs, such as mortgage loans, are primarily used on-chain as collateral for issuing stablecoins, rather than for direct trading. She believes that stablecoins hold a central position in the on-chain economy.
Source: Wu Says