Pharos | Mainnet Arc(@pharos_network):3/ What every depositor should understand before entering an RWA Vault: ✅ Asset Composition: What does the vault actually hold? Sovereign debt, corporate credit, or trade finance each carry different risk profiles ✅ Custody & Issuer: Who tokenizes and safeguards the off-chain asset? The legal wrapper matters as much as the smart contract ✅ Redemption Mechanics: Is liquidity continuous, epoch-based, or NAV-gated? ✅ Yield Source Transparency: Is the return linear and productive, or repackaged emissions? Reading a vault is reading a balance sheet

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3/ What every depositor should understand before entering an RWA Vault: ✅ Asset Composition: What does the vault actually hold? Sovereign debt, corporate credit, or trade finance each carry different risk profiles ✅ Custody & Issuer: Who tokenizes and safeguards the off-chain asset? The legal wrapper matters as much as the smart contract ✅ Redemption Mechanics: Is liquidity continuous, epoch-based, or NAV-gated? ✅ Yield Source Transparency: Is the return linear and productive, or repackaged emissions? Reading a vault is reading a balance sheet