DeFi Doesn’t Remove Trust — It Engineers It
Yield used to feel abstract, but DeFi made it feel live and constantly updated. Hidden assumptions create vulnerabilities across interconnected protocols. Yield stability becomes increasingly important as market participants mature The visible number says very little about the costs required to maintain the position. That is the difference between a visible return and a realized one. The number shown on a dashboard is usually only the beginning of the story. Some forms of yield are more susta...
DeFi Doesn’t Remove Trust — It Engineers It
Yield used to feel abstract, but DeFi made it feel live and constantly updated. Hidden assumptions create vulnerabilities across interconnected protocols. Yield stability becomes increasingly important as market participants mature The visible number says very little about the costs required to maintain the position. That is the difference between a visible return and a realized one. The number shown on a dashboard is usually only the beginning of the story. Some forms of yield are more susta...
