In the fast-paced world of decentralized finance (DeFi), where real-world assets (RWAs) are increasingly tokenized, ASX Capital just made waves with their November yield distributions. As highlighted in a recent tweet from the Core Ecosystem account, ASX has successfully paid out real yield to more than 600 holders of their RWA NFTs. This isn't just another payout—it's a prime example of how traditional real estate cash flows are being bridged directly into the blockchain space.

For those new to the term, RWAs refer to real-world assets like property or commodities that are represented as digital tokens on a blockchain. In ASX's case, these are NFTs tied to actual US real estate properties, allowing holders to earn passive income from rental yields without the hassle of physical ownership. The distributions were verified on the Core Chain explorer, with transparent transaction links provided for the Franklin Jefferson Complex (FJC) and Mountain View Apartments (MVA).

Here's a quick look at the key properties featured in the update:

• Franklin Jefferson Apartments: Current APY of 7.3% based on floor price, with a floor price of 70 $CORE. Total yield distributions to date: 2.
• Mountain View Apartment Complex: Boasting a higher APY of 14.5%, floor price at 29.9 $CORE, and total distributions: 4.

This pixel art style graphic from ASX's announcement captures the essence of their offerings—fun, accessible, and backed by real value. It's a nod to the meme culture that often intersects with crypto, making complex financial concepts more approachable.

The Core Ecosystem amplified this news on X (formerly Twitter), emphasizing ASX's consistent delivery of yields. You can check out the original thread here. Community reactions ranged from excitement about potential price pumps for $CORE to calls for more token burns to increase scarcity. One user even joked about scooping up some NFTs since "70 core is nothing come to think about it."

What makes this noteworthy for meme token enthusiasts? While ASX's RWAs aren't pure memes, they blend real utility with the viral, community-driven spirit of blockchain projects. On Core Chain, which positions itself as a hub for BTCfi (Bitcoin finance), such innovations could inspire meme-inspired DeFi plays. Think about it: tokenized real estate yielding like a high-APY farm, but with the stability of brick-and-mortar backing.

If you're diving into Core Chain or looking to diversify beyond volatile memes, ASX's model offers a compelling entry point. Verify the transactions yourself on the Core DAO scanner: FJC payout and MVA payout. As always in crypto, do your own research, but this looks like a solid step toward mainstreaming DeFi with tangible assets.

Stay tuned to Meme Insider for more updates on how meme tokens and DeFi innovations like this are shaping the blockchain landscape.