[{"type":"paragraph","children":[{"text":""},{"type":"link","url":"https://ju.com/","children":[{"text":"Ju.com "}]},{"text":"The listing of Hong Kong stocks "},{"type":"link","url":"https://01959.hk/","children":[{"text":"01959.HK "}]},{"text":"is far more significant than \"having one more trading variety\". It demonstrates a novel paradigm of combining RWA (real-world assets) with on-chain incentives."},{"text":"Interpretation of Innovation Points:","bold":true}]},{"type":"numbered-list","children":[{"type":"list-item","children":[{"text":"Real stocks, on-chain equity: ","bold":true},{"text":"Unlike synthetic assets, holders have "},{"text":"ownership and dividend rights of real stocks ","bold":true},{"text":", and are managed by licensed securities firms, with stronger compliance."}]},{"type":"list-item","children":[{"text":"\"PoSL\" Staking for Interest: ","bold":true},{"text":"The core innovation lies in the "},{"text":"Proof of Stock Liquidity mechanism ","bold":true},{"text":". Staking stocks can provide liquidity to the market and thus obtain incentives, realizing the "},{"text":"triple income model of \"stock price return + dividend + staking reward\" ","bold":true},{"text":"."}]},{"type":"list-item","children":[{"text":"Breaking traditional barriers: ","bold":true},{"text":"Global users can trade Hong Kong stocks with stablecoins 24/7, without the need for overseas accounts and complex exchange, greatly reducing the threshold."}]}]},{"type":"paragraph","children":[{"text":"This indicates that: ","bold":true},{"text":"Assets become \"programmable\" after being put on the chain, and can embed automated strategies and incentives to change holder behavior. Do you think this \"interest-bearing stock\" model will attract funds from traditional stock markets?"}]},{"type":"paragraph","children":[{"text":"Project details and mechanism: "},{"type":"link","url":"https://blog.ju.com/jucom-ama-100m-fund-01959-stock/","children":[{"text":"https://blog.ju.com/jucom-ama-100m-fund-01959-stock"}]},{"text":"\n"},{"type":"topic","character":"RWA","children":[{"text":""}]},{"text":" "},{"type":"topic","character":"Stock","children":[{"text":""}]},{"text":" "},{"type":"topic","character":"Financial","children":[{"text":""}]},{"text":""},{"type":"topic","character":"financial markets","children":[{"text":""}]},{"text":""},{"type":"topic","character":"HongKongStock","children":[{"text":""}]},{"text":" "}]}]