[Bitpush] Nasdaq-listed lending protocol Figure (( code: FIGR)) just made a major move—teaming up with some major players from the Solana ecosystem to form the RWA Alliance, with plans to bring its monthly $1 billion+ on-chain lending business over to Solana.
What’s the most exciting part? They’re launching the PRIME liquid staking token, which used to offer institutional-level yields only accessible to banks and wealthy accredited investors, but now regular DeFi users can get in on the action. Basically, they’re bringing Wall Street’s game to the blockchain, letting retail investors get a share of the pie.
The alliance lineup is stacked: established names like Kamino Finance and Chainlink are on board, along with Raydium, CASH, Privy, and Gauntlet. They’re all joining forces for one goal—to innovate with the Hastra protocol-based PRIME token on Solana. Judging by this momentum, the RWA track is about to set off a new wave in the Solana ecosystem.
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GasFeeBeggar
· 12-05 05:40
It's that same old "let retail investors get a piece of the pie" rhetoric—I’ve heard it so many times my ears have calluses, haha.
A $1 billion pie to be shared on Solana sounds nice, but who knows how many crumbs retail investors will actually get in the end.
PRIME staking sounds sexy, but you need to understand where the risks are first—don’t let it be another new way to fleece retail investors.
Figure is indeed making some moves this time. Solana’s ecosystem needs collaborations of this scale, but it all depends on what the real data looks like.
Figure has been lending on-chain for so many years, and only now they’re thinking of letting retail investors on board? What were they doing before?
Bringing Wall Street’s gameplay onto the blockchain still ends with the big players eating the meat and the little guys drinking the soup—let’s not kid ourselves.
Institutional-level returns open to retail investors? Uh… that just sounds a little too good to be true.
The RWA alliance is here again—will it just be more hype over substance this time?
Can projects like Kamino really support something of this scale? Feels a bit shaky.
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PretendingToReadDocs
· 12-05 05:39
Wait, can PRIME really open the door to institutional-level returns for retail investors? I feel like we still need to be cautious.
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Billion-dollar level businesses moving on-chain—the scale is definitely big, but can Figure really deliver this time?
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Does moving Wall Street strategies on-chain suddenly make them appealing? I still have some doubts...
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Is Solana about to rise again? Or is it actually reliable this time?
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Whether PRIME can truly bring returns to retail investors really depends on the specific mechanisms. No matter how hyped the marketing is, it doesn't mean much without substance.
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The alliance may be luxurious, but I'm just afraid it'll end up being another round of retail investors getting fleeced.
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On-chain lending is getting more and more competitive. Whether to get in early or late—you really have to choose wisely.
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Anon32942
· 12-05 05:39
Ha, Figure's move is definitely ruthless, truly refreshing to see institutional-level returns being democratized.
Does putting Wall Street stuff on-chain really make it democratic? Feels like it's just old wine in a new bottle.
The PRIME part looks good, but it depends on whether Solana can hold steady—otherwise, it'll just be another scheme to fleece retail investors.
Moving $1 billion monthly volume to Solana, that's going to draw in a lot of fresh blood.
RWA is definitely the future, but with all the current hype, I'm actually getting a bit hesitant.
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GweiWatcher
· 12-05 05:36
Moving Wall Street stuff on-chain—I've heard this trick too many times, and in the end, it's always the institutions making a killing first.
Hold on, can PRIME really let retail investors get a piece of the pie, or is this just another round of retail investors getting fleeced?
Is Figure for real this time, or is it just hype?
Moving a billion-dollar monthly business to Solana—I have a feeling something's going to go wrong.
But honestly, if retail investors could actually access institution-level returns, that would be insane.
I don't believe a single word of these project teams' promises.
Solana is about to get hyped to the moon again—get ready to lose money, everyone.
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probably_nothing_anon
· 12-05 05:15
The $1 billion pie is finally our turn to eat. If you don’t join this wave, you’ll really miss out.
Retail investors are finally having their moment; Wall Street’s tricks have finally been democratized.
Solana is about to take off—RWA is the real growth driver.
Figure made a smart move here, bringing the institutional entry threshold down to rock bottom.
But as for sharing the pie, let’s see how much actually gets distributed. Hopefully, it won’t end up being another round of retail investors getting fleeced.
Figure teams up with the Solana ecosystem to establish an RWA Alliance, bringing $1 billion in on-chain lending business to retail investors.
[Bitpush] Nasdaq-listed lending protocol Figure (( code: FIGR)) just made a major move—teaming up with some major players from the Solana ecosystem to form the RWA Alliance, with plans to bring its monthly $1 billion+ on-chain lending business over to Solana.
What’s the most exciting part? They’re launching the PRIME liquid staking token, which used to offer institutional-level yields only accessible to banks and wealthy accredited investors, but now regular DeFi users can get in on the action. Basically, they’re bringing Wall Street’s game to the blockchain, letting retail investors get a share of the pie.
The alliance lineup is stacked: established names like Kamino Finance and Chainlink are on board, along with Raydium, CASH, Privy, and Gauntlet. They’re all joining forces for one goal—to innovate with the Hastra protocol-based PRIME token on Solana. Judging by this momentum, the RWA track is about to set off a new wave in the Solana ecosystem.