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⚠️ HSBC Fears Food Crisis
Rice prices have recently surged to their highest levels since 2008, prompting several Asian countries to implement export restrictions.
Rice is a crucial staple for global food security, with approximately half of the world's population deriving nearly 20% of their daily calories from this grain, as reported by the United Nations Food & Agriculture Organization (FAO).
These statistics take on even greater significance in Asia, where approximately 85% of the world's total rice production is consumed, according to the FAO. Given this heavy reliance on rice as a primary food source, the sharp increase in its price has raised concerns worldwide.
🏠 MakerDAO Considering Additional $100m Allocation To RWA
MakerDAO to consider allocating an additional $100 million in tokenized real-world assets. This will be in the form of on-chain treasury bonds. Due to high interest rates treasuries can bring real yield into the DeFi ecosystem where holders can benefit from the efficiency and 24/7 liquidity. LandX will open up the possibility to gain liquid exposure to tokenized farm land production, an entirely new asset class within DeFi.
🎙️ Community Spaces
Check out these recording from previous Twitter spaces discussions. Ensure you follow us at @landxfinance to get updates on the latest conversations.
Farmers Market #40: The State of RWA
https://twitter.com/i/spaces/1yoKMZPoWXwGQ
Crypto Impact: DeFi,ReFi and Real Word Assets
https://twitter.com/i/spaces/1OwGWYamnBWxQ
Yield Farming: Strategy For Maximizing Returns
https://twitter.com/i/spaces/1vOxwjlDRDbJB
Learn more about how LandX can help you diversify your portfolio with inflation hedged assets that offer yield based on real world production
Website & App: https://landx.fi
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