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My first reaction after reading $LFI was: @Base might be starting to show something different again.
Frankly, most projects on Base lately have leaned towards short-term trading, with rapidly shifting narratives. Few teams are truly committed to building long-term structures.
So, my criteria for evaluating this chain are quite simple: Is there a real market? Is it truly necessary on the chain? And can the team actually complete this?
$LFI is what I'm currently focusing on. Yesterday, a friend told me that @MLeeJr was the driving force behind it, and that alone caught my attention. His past record and experience on Base speak for themselves.
I participated with a small position, just to support and gain exposure. But after digging deeper, it's clear this isn't just another ordinary launch. This is a real company, built by the team of one of the largest property lien hedge funds in the US.
These kinds of things have always been dominated by institutions; ordinary people have virtually no chance to participate. The barriers to entry and information are quite high.
What they're trying to do with Lienfiapp is essentially to bring this type of yield structure onto the blockchain, making it more accessible to a wider audience in a more open way.
Of course, this is no easy feat. Ultimately, the success of RWA hinges on the asset side, compliance, and liquidity—it's not about telling a new story.
But based on current information, it doesn't seem like a launch driven solely by sentiment.
If you have time, you can check out what @MLeeJr and @lienfiapp are doing and understand the market they're targeting.
It's too early to say whether it's an opportunity.
However, there's definitely a potential asymmetric target hidden within this direction.

LienFi
@lienfiapp
05-02
1/
Announcing the launch of LienFi ($LFI)
$LFI is now live for trading on @base
LienFi is building modern capital rails for one of America's most established and overlooked yield markets: property tax liens
CA: 0x3722264aB15a1dfCe5a5af89e6547F7949A8ABA3
More below 👇
The background of the BASE chain is quite suitable for doing RWA.
Indeed
Um... saw it too late. !base almost got cornered!! Mainnet doing RWA might be better!
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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