Validator setup is a distraction, the real risk is whether Shinhan can actually exit this pilot without getting stuck holding illiquid tokenized positions nobody else wants to buy.
Day one tokenomics on paper doesn't mean anything when the secondary market for these tokens doesn't exist yet, liquidity provisions are only as good as the buyers willing to show up, and right now that's mostly other pilot participants.
Who's actually running the validators on Plume's end?
Validator setup is a distraction, the real risk is whether Shinhan can actually exit this pilot without getting stuck holding illiquid tokenized positions nobody else wants to buy.
Liquidity provisions are usually baked into the fund structure before anyone signs a pilot agreement, that's literally day one tokenomics work.
Day one tokenomics on paper doesn't mean anything when the secondary market for these tokens doesn't exist yet, liquidity provisions are only as good as the buyers willing to show up, and right now that's mostly other pilot participants.