Amidst the "crazy" aftershocks of Trump's economics, gold has reached a new historical high, while Bitcoin has rebounded against the wind - capital is quietly withdrawing from traditional markets in search of a new round of safe haven anchors. When "uncertainty" becomes the foundation of the times, "certainty" is no longer a prerequisite, but a scarce asset. How can we find deterministic returns on the chain? The asset that is receiving renewed attention - interest bearing assets. Unlike traditional finance, on chain interest is not only a mapping of time value, but also a product of protocol mechanisms and incentive models. Ultra high annualized returns may be a sustainable source of income or an illusion of short-term subsidies. Structurally, interest bearing assets on the chain can be roughly divided into three categories: one ️⃣ External subsidy driven 'exogenous benefits' two ️⃣ Endogenous income supported by agreement revenue three ️⃣ RWA model linked to real assets The true ability to navigate through bull and bear markets lies not in the temptation of high interest rates, but in the design of clear structure, stable cash flow, and logical consistency. This is the 'certainty premium' on the chain. figuremarket RWAfi RWA Crypto 👉 Read more: https://(medium.com)/@OKGResearch/%E5%9C%A8%E7%96%AF%E7%8B%82%E7%9A%84-%E7%89%B9%E9%83%8E%E6%99%AE%E7%BB%8F%E6%B5%8E%E5%AD%A6-%E4%B8%AD%E5%AF%BB%E6%89%BE%E9%93%BE%E4%B8%8A%E7%A1%AE%E5%AE%9A%E6%80%A7-%E8%A7%A3%E6%9E%90%E4%B8%89%E7%B1%BB%E5%8A%A0%E5%AF%86%E7%94%9F%E6%81%AF%E8%B5%84%E4%BA%A7-7da972b37521