DeFi Doesn’t Remove Trust — It Engineers It
DeFi is becoming more system driven rather than opportunity driven over time What separates temporary yield opportunities from truly sustainable DeFi strategies today That is the point where surface level APY stops being enough By the time volatility and execution costs are fully counted, the yield can look very different from the original promise. Gross return and net return can end up being meaningfully different once the full path of execution is taken into account. One reason this matters...
DeFi Doesn’t Remove Trust — It Engineers It
DeFi is becoming more system driven rather than opportunity driven over time What separates temporary yield opportunities from truly sustainable DeFi strategies today That is the point where surface level APY stops being enough By the time volatility and execution costs are fully counted, the yield can look very different from the original promise. Gross return and net return can end up being meaningfully different once the full path of execution is taken into account. One reason this matters...
