Recently, there is a new project called FFAI, which puts an interesting idea into practice—using blockchain to turn electric vehicle orders into financial products.

The core logic is actually not complicated. Real electric vehicle orders worth 500 million USD are on-chain, with each delivery directly mapped to token value. This is indeed a new approach in the RWA (Real-World Asset) field: instead of virtual assets, physical delivery of real assets serves as the value anchor.

From a tokenomics perspective, FFAI's design has several features: 5% of tokens are burned with each vehicle transaction. This deflationary mechanism is more aggressive than traditional mining halving—burning tokens directly rather than reducing production. In theory, the larger the delivery volume, the faster the deflation, and the more scarce the tokens become.

Next is staking yield. An annualized return of 20%-50% sounds attractive, but the key is the source of the yield—not from new issuance or air tokens dividends, but from actual car sales profits. This is completely different from the virtual profit logic of many DeFi projects.

The DAO governance part is also worth noting. Voting determines the buyback ratio, or using FFAI to purchase cars for discounts, making tokens not just financial tools but also a kind of rights certificate within the ecosystem.

Of course, this model is not without risks. Whether RWA can truly be implemented, order fulfillment rates, and market acceptance—all need time to verify. But from an innovation perspective, combining real assets with on-chain governance is indeed a direction worth watching.