The One-Click DeFi Economy
Reducing reliance on incentives improves long term stability of DeFi strategies Temporary yield often comes from emissions designed to attract short term liquidity But the cleanest-looking opportunities are not always the easiest ones to understand. Gross return and net return can end up being meaningfully different once the full path of execution is taken into account. Impermanent loss, rebalancing costs, execution friction, slippage, volatility, and timing all affect what the user actually ...
The One-Click DeFi Economy
Reducing reliance on incentives improves long term stability of DeFi strategies Temporary yield often comes from emissions designed to attract short term liquidity But the cleanest-looking opportunities are not always the easiest ones to understand. Gross return and net return can end up being meaningfully different once the full path of execution is taken into account. Impermanent loss, rebalancing costs, execution friction, slippage, volatility, and timing all affect what the user actually ...