The underestimated RWA project @Theo_Network, this project could be one of the most noteworthy opportunities by the end of the year. Theo tokenizes short-term U.S. Treasury assets through $thBill, allowing on-chain users to seamlessly participate in the real-world yield market. Even better, their operational logic does not simply pursue high yields, but instead builds a credible source of income with institutional-grade asset management standards and a transparent on-chain structure. Theo has completed a $20 million financing round, led by @hack_vc and Anthos Capital, which means they have real traditional financial resources and compliance experience behind them. They currently do not have a token, but Kaito Yaps has hinted at a token plan, making the potential airdrop for "point holders" even more intriguing. Theo's ecosystem also has multiple layers: Pendle fixed income arbitrage around 15%, Euler offers a 7% supply annualized, and the Morpho vault can yield around 17% while automating point accumulation. I prefer the Morpho Vault for its hands-off management, risk diversification, and stable returns; it is a typical "low-key and efficient" type of DeFi asset. From a funding background perspective, among Theo's investors, Mirana, Manifold, MEXC, and Amber Group have all participated in XPL and ENA, which makes me suspect that Theo might be the next "ENA-level" airdrop opportunity. RWA is already the main theme for 2025, and Theo @Theo_Network's choice to enter through short-term government bonds is not only stable but also smart. With the mainnet launch in December and a potential TGE, if everything goes smoothly, this could be the last project of the year that can both earn yields and provide significant returns.