Rug-wool momentum is weak, and uncle has to learn trading too
Uncle’s approach to selecting assets is simple: follow institutional money
Among the ongoing areas with incremental on-chain activity, RWA is one category to consider
And has the coin price dropped nearly 60% from its high point—$RE —will there be an opportunity?
Besides buying spot, what other angles do retail investors have to get involved?
👉 Entry angles
1️⃣ Hold reUSD or reUSDe, earn yield from the underlying insurance business
From what it looks like, the returns are indeed pretty attractive. reUSD has an annualized yield of 6.2%, reUSDe has an annualized yield of 12.2%. For safety, TVL is also close to $570 million, putting it among the top-tier projects in DeFi
2️⃣ Hold or stake $RE and participate in protocol governance
👉 Now let’s look at the price action
RE previously peaked at $1.079 and bottomed out at $0.357. It’s around $0.44 now. The sell pressure from airdrop claims and early allocations has already been hit once
So for the short term, I’m watching $0.5 first. If it goes lower, the support from the prior lows is still there—I'll pick up some spot!
Not investment advice
DYOR~
Uncle’s approach to selecting assets is simple: follow institutional money
Among the ongoing areas with incremental on-chain activity, RWA is one category to consider
And has the coin price dropped nearly 60% from its high point—$RE —will there be an opportunity?
Besides buying spot, what other angles do retail investors have to get involved?
👉 Entry angles
1️⃣ Hold reUSD or reUSDe, earn yield from the underlying insurance business
From what it looks like, the returns are indeed pretty attractive. reUSD has an annualized yield of 6.2%, reUSDe has an annualized yield of 12.2%. For safety, TVL is also close to $570 million, putting it among the top-tier projects in DeFi
2️⃣ Hold or stake $RE and participate in protocol governance
👉 Now let’s look at the price action
RE previously peaked at $1.079 and bottomed out at $0.357. It’s around $0.44 now. The sell pressure from airdrop claims and early allocations has already been hit once
So for the short term, I’m watching $0.5 first. If it goes lower, the support from the prior lows is still there—I'll pick up some spot!
Not investment advice
DYOR~
