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Everstake Profile picture
@everstake_pool
Jun 14 • 8 tweets • 6 min read Twitter logo Read on Twitter
1/8 @klaytn_official recently published the Klaytn Foundation CEO @seo_sangmin’s letter called "Real-World Asset (RWA) Tokenization for Blockchain Mass Adoption" concerning Klaytn’s future. So, what is it all about? 🧵
@klaytn_official @seo_sangmin 2/8 The #Klaytn ecosystem’s development is steering towards an intriguing direction, which is the tokenization of real-world assets. It's not just about investment assets, but also their connection to social mobility, housing, environment, and more. Image
@klaytn_official @seo_sangmin 3/8 Tokenizing #RWAs like money, commodities, stocks, real estate, or art could create an new global trading market. RWAs have intrinsic value and relatively low price volatility, but they come with challenges such as off-chain trust issues and regulatory uncertainties.
@klaytn_official @seo_sangmin 4/8 Tokenized RWAs could boost the Total Value Locked (#TVL) and on-chain transactions. It could lead to ecosystem growth by expanding the community, increasing on-chain liquidity, and scaling businesses.
@klaytn_official @seo_sangmin 5/8 @klaytn_official's vision includes tokenizing RWAs, moving from tokenizing off-chain assets and forming markets on-chain, and eventually enabling convenient trade of various assets globally.
@klaytn_official @seo_sangmin 6/8 One of the first RWAs to be tokenized on Klaytn is gold. Physical gold's storage and movement pose barriers in today's fast markets, and gold-based financial products often suffer from high transaction costs. Image
@klaytn_official @seo_sangmin 7/8 The tokenization of gold will be led by CREDER, a joint venture by ITSEN Group and BPMG. They aim to develop a physical gold-based digital asset finance platform, issue Gold-pegged Coin (GPC), and develop various decentralized financial services that embrace it.
@klaytn_official @seo_sangmin 8/8 Klaytn has prepared a comprehensive support system to streamline and accelerate RWA tokenization. The plan is to bridge the physical and crypto worlds through tokenized RWAs, creating real-world blockchain use cases that will catalyze mass adoption. klaytn.foundation/rwa-tokenizati…

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More from @everstake_pool

Everstake Profile picture
Jun 14
1/5 🎉 Everstake turned 5, and this incredible journey filled with growth and countless accomplishments would never happen without our community!

🍾 So, to celebrate together, we're hosting a giveaway with some really cool prizes. 😉🧵👇 #everstake5 Image
2/5 🎁 We are giving away two CoolWallets Pro!

#CoolWallet Pro is a hardware wallet that combines top-level security with ultimate convenience. It provides elite cold storage protection for your digital assets.

Check it out: coolwallet.io/product/coolwa…
3/5 1️⃣ One @coolwallet Pro will be awarded for the best birthday wish for Everstake.

To participate:
▫️ Comment on this post with your wishes or memes – the choice is yours, but don’t forget to add the #everstake5 hashtag
▫️ Retweet this post
▫️ Follow @everstake_pool
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Everstake Profile picture
Jun 14
1/4 Everstake is excited to be working with @chainlink, which introduces a ground-breaking Cross-Chain Interoperability (CCIP), offering a new universal standard for sending messages, transferring tokens, and initiating actions across multiple blockchain networks. twitter.com/i/web/status/1… Image
2/4 CCIP is effectively an open-source standard that enables seamless communication and token transfers between various blockchains, establishing a universal communication via a standardized interface. It supports complex inter-chain interactions and smart contracts alike.
3/4 Chainlink’s CCIP is centered around an enhanced off-chain computation protocol, which uses the aggregation of oracle attestations from numerous off-chain nodes to dramatically reduce gas costs for all users while ensuring the security of cross-chain messaging.
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Jun 12
1/10 Once again, it’s Monday, and #WeekInBlockchains is back for another edition of the past week’s highlights according to Everstake’s blockchain managers 🧵 Image
2/10 In #Ethereum, the scope for the upcoming execution layer upgrade Cancun was finalized
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Everstake Profile picture
Jun 12
1/5 Staking has recently been introduced on the @Aptos_Network, starting from as little as 11 APT. Here are three reasons why you should consider staking: 🧵 Image
2/5 1️⃣ Staking aids in the stability and growth of the Aptos blockchain. There are 800M $APT already staked and over 1500 delegators and the number of coins and users is increasing daily.
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Mar 10
1/9 @Injective_ is a blockchain focused on finance. It provides a robust framework for building a wide variety of dApps on top of it. So, why should professional dApp devs consider Injective as the foundation for building their products? Here are some reasons 👇 Image
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Everstake Profile picture
Mar 9
1/10 Despite its relatively recent launch, @Aptos_Network is one of the most successful blockchains of our days with a booming community and a vast ecosystem of amazing projects. Here are just a handful of them, all with major communities of their own 🧵👇 Image
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