The industry has moved to a deeper understanding of why Real World Assets are an important asset to have on-chain. Our community decided we needed to change the name of our governance token Real World Asset with the symbol RWA. Some will miss our original name Bacon, which was somewhat tongue in cheek and somewhat a reflection of “bring home the bacon”, but its time to move on.

HOME has led the way in bringing Real World Assets to the blockchain with $46 million of home value represented by the protocol. The mortgage market is $13 trillion, so we have plenty of work to do in bringing those assets on chain. The duty of our governance and RWA holders is to both help in this process and begin to explore future assets to add to the protocol.

As in all change, it's somewhat bittersweet but necessary as we move forward and into a world focused on providing real value and real returns to the community vs some of the more fanciful things we have seen in the past.