This tells me everything I need to know. Institutions want exposure to real-world yield on-chain, even if the structure is narrow. They don’t need dozens of assets or advanced tools. They want simplicity, predictability, and yield they can explain to a compliance team. There’s clearly unmet demand because Maple Syrup isn’t even that flexible. It’s basically “plug your USDC in and trust Maple to allocate.” Maple shows that institutions are ready. They’re hungry for structured yield products that look familiar, behave predictably, and scale with real-world exposure. This is why I’m bullish on @TharwaUAE It’s not trying to out-yield the market with gimmicks. It’s building the rails that serious capital actually wants: structured products, real diversification, automated risk management, and yield that doesn’t collapse under pressure. The demand is already here and Tharwa is building the system to meet it.