Under the Custody of Coinbase ventures Backed up by Active Managers the like of Andreesen Horowits and its gang of 5 Big Shots in the Real World Asset category
Vesting at a premium in time with BlackRocks rolling in funds on BTC HAlving Vesting on April 16 and the usual protocol is to window dress as sign of delivering ALPHA
A lending facility using Eth chain trusted by real companies offering decent yields not as shiny as PENDLE or the new project yet acceptable and enough for big boys
Collateral is off chain and permission depends on the council .. kind of like a CLUB
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we are expecting a bidding war among big players and currentyly being front loaded by the usual early dealers on board