I’ve been researching the RWA dividend model in U.S. stocks for a really long time. Do you guys still remember that at the end of last year, I wanted to design an ETF portfolio based on U.S. stock dividends? Back then, the idea was to combine dividend-paying U.S. stocks, U.S. bonds, and $BTC. After the new year, I was fortunate to meet Mr. Ma in Singapore. We had a long conversation, and Mr. Ma has been deeply involved in the traditional finance and brokerage sectors. Although he hasn’t worked on $BTC portfolios, his @RWAlpha_AI model is almost identical to what I envisioned for linking U.S. stock dividends to on-chain distribution. In fact, his compliance work is even more perfect than I imagined. Recently, I’ve been chatting with many friends in Hong Kong. It feels like the DeFi era is fading, but the pursuit of DeFi applications and guaranteed yield remains strong among many practitioners. Especially when it comes to using dividend-paying U.S. stocks as underlying assets, finding targets that combine dividends with stable growth and bringing them on-chain is essentially a stablecoin yield model—RWAFi—where all underlying assets are backed by guaranteed U.S. stocks. Currently, the design can achieve an annualized yield of 16.2%. I hope this kind of portfolio can expand the application and yield opportunities of DeFi in the crypto space. PS: Thanks to Mr. Ma for giving me the title of “Chief Product Officer.” I’ll personally invest $10,000 and keep everyone updated on the returns in real time.