To be honest, over the past few years we've talked a lot about RWAs, but most retail investors have actually been kept out:

You can't buy government bonds, you can't get into private placements, and you can't even understand collateralized debt. For the retail side, the so-called "RWA sector" is more of a buzzword than a reality.

So when I saw @liquidroyaltyX turn the future income of e-commerce stores into on-chain assets that anyone can buy, my first reaction was: Oh, this is the kind of RWA that ordinary people really need.

They're picking top merchants (Top 1%)—those with stable income, growth, complete data, and most importantly, who are willing to directly redirect "10% of their future sales" to the protocol.

All sales revenue → automatically converted to USDe → distributed monthly to token holders.

No need for trust, no waiting, and it doesn't depend on the merchant's integrity.

For the first time, users get:

* Dividends from real economic activity

* Automatically distributed cash flow

* Assets tradable anytime on Kodiak

* Plus $BGT dual yield from Berachain PoL

This experience is completely different from traditional RWAs.

The first token, $SAIL.r, is already live, starting at $10, with less than 15% in circulation, the initial basket is about $15M, LPs are directly locked for 2 years, and official deep liquidity is already in place—trading is available on Kodiak Swap.

All in all, it's a well-prepared launch, not just an empty concept.

If you previously felt that RWAs were too distant for regular people, I think Liquid Royalty might be one of the first projects to truly allow retail users to participate instead of just watch from the sidelines.