I’ve been thinking about the idea of turning more abstract concepts into tokenized assets that can freely plug into DeFi. For example, imagine decomposing complex positions into multiple risk tranches, each packaged as its own ERC token, or creating sentiment index tokens that reflect real-time market mood. Once you can treat these intangible concepts like any other token, you can lend against them, trade them, and generally make them first-class citizens in the ecosystem. Has anyone seen projects already pushing in this direction? Are there teams exploring tokenizing volatility, risk factors, prediction market sentiment, or anything along these lines? I’d love to discover examples and learn more about the tools or standards out there. Any pointers or experiences are welcome.