DeFi Doesn’t Remove Trust — It Engineers It
User activity supports continuous returns across different market conditions effectively The idea of trustless finance was always more complex than advertised. What determines whether a vault strategy can maintain stable performance over time One reason this matters is that displayed yield and realized yield are often very different things. Impermanent loss, rebalancing costs, execution friction, slippage, volatility, and timing all affect what the user actually keeps. Some strategies are sup...
DeFi Doesn’t Remove Trust — It Engineers It
User activity supports continuous returns across different market conditions effectively The idea of trustless finance was always more complex than advertised. What determines whether a vault strategy can maintain stable performance over time One reason this matters is that displayed yield and realized yield are often very different things. Impermanent loss, rebalancing costs, execution friction, slippage, volatility, and timing all affect what the user actually keeps. Some strategies are sup...
What Makes a DeFi Strategy Actually Sustainable?
Risk adjusted performance matters more than temporary spikes in yield metrics DeFi continues evolving toward more structured and institutional frameworks globally Why does liquidity leave certain protocols as fast as it enters them One reason this matters is that displayed yield and realized yield are often very different things. A strategy can look strong on the dashboard and still feel disappointing in practice. Once you include impermanent loss, gas, slippage, strategy maintenance, and vol...
What Makes a DeFi Strategy Actually Sustainable?
Risk adjusted performance matters more than temporary spikes in yield metrics DeFi continues evolving toward more structured and institutional frameworks globally Why does liquidity leave certain protocols as fast as it enters them One reason this matters is that displayed yield and realized yield are often very different things. A strategy can look strong on the dashboard and still feel disappointing in practice. Once you include impermanent loss, gas, slippage, strategy maintenance, and vol...
