Haven's new project has been making significant moves recently, with a $30 million seed round funding just secured, and well-known institutions like Candaq entering the scene. What are they aiming to do? Simply put, they want to make the on-chain fixed income market more transparent and more programmable.

Currently, Haven has launched a US Treasury product, allowing users to access the on-chain yield mechanism directly using USDT, USDC, or USD1. This approach actually hits many pain points—traditional low-volatility assets have always been somewhat "cold" and often require complex channels to participate. Now, there's a pathway to bring these assets onto the chain, enabling ordinary users to access them.

The RWA (Real World Assets) track has been quite hot lately, from US Treasuries to commodities and various traditional financial products. Everyone is trying to use blockchain to transform these markets. Haven's idea is to build the foundational layer for on-chain fixed income, allowing more DeFi products to be built on top of it.

Honestly, the core appeal of projects like this is—they are truly integrating traditional finance with Web3. It's not just hype; they are genuinely changing how assets flow and how transactions are conducted. But with investment institutions so active, they also need to consider: how big is the current market demand for on-chain fixed income? How will regulators view this? These are questions that need time to verify. What do you think about this direction?