Yesterday, @ TheoN_Network officially introduced a new concept - Optimistic Minting To understand the optimistic casting process, one must first understand a process called tToken Something The official explanation from the Theo project team is as follows TToken is a single item RWA tokenized vault that complies with the ERC-4626 standard Is it a bit obscure and difficult to understand? Let me explain it to you in plain language You can understand tToken as a type of on chain safe specifically designed to hold RWA (real-world assets), formerly called wrap, now also known as DAT or ST Its essence is a smart contract vault, only used to store or represent a type of RWA, such as ULTRA's equity, bonds, and fund shares What is truly given to users is a so-called receipt token starting with't ', such as tULTRA, which also counts as' thbill' (it contains US Treasury bonds) Its function For example, if you deposit USDC, you can immediately receive a tULTRA (receipt), which can represent that you have the corresponding share of real assets After understanding tToken, we come to the optimistic casting process One sentence: First, give you the tToken (receipt), and then slowly add the real assets to the chain for you!!! Why is it 'optimistic'? Traditional RWA on chain delivery requires manual delivery by the issuer, so there is no liquidity on the chain, and we users have to wait Theo's optimistic casting is aimed at solving the process of "waiting": if you trust Theo to complete the settlement in the end, Theo will give you tokens first Explain the completed process to everyone one ️⃣ You place an order → send 1000U to Theo and sign it two ️⃣ Theo receives the money → MPC automatically transfers U to the corresponding company three ️⃣ Cast immediately → Transfer 1000 tToken to you, but the status is pending settlement four ️⃣ You can use it immediately if there is liquidity → Free transfer transactions, etc five ️⃣ Backend settlement → Delivery of equity on the corresponding company's blockchain six ️⃣ Process completed → tToken 1:1 in your hand for RWA Actually, there are still risks here, but they are also controllable Smart you will definitely think: What if the issuing company doesn't deliver and runs away? Can Theo run? Is the audit strict? What if the assets do not match? Theo has thought of these issues and has carefully selected the most trustworthy issuer through multiple layers and signed a legal agreement. The chain is transparent and signed multiple times, and auditing is also visible Actually, this optimistic casting process is a bit like Pinduoduo's' use first, pay later 'policy You can use the item first, and then make the payment later. Theo will act as a trusted intermediary for Pinduoduo