Wait… someone actually brought student loans on-chain? And made them investable?? Pencil Finance might be the weirdest (and smartest?) RWA I’ve seen in a minute. > Lenders tokenize real student loans > Investors pick a tranche (fixed vs high yield) > Capital goes to students > Repayments stream back transparently > Everyone wins (except TradFi lol) You’re not farming cartoon tokens. You’re funding real people. Getting real yield. Backed by real-world debt. First loan’s already live. $10M committed. Built on EDU Chain. Backed by Animoca, HackQuest, and Open Campus. This might actually be what RWAs were supposed to be.