DeFi Doesn’t Remove Trust — It Engineers It
Concrete vaults aim to prioritize sustainable yield sources consistently over time Is the highest APY really the best indicator of a good strategy And this is where the idea of durable strategies becomes clearer Once you include impermanent loss, gas, slippage, strategy maintenance, and volatility, the APY can compress quickly. Gross return and net return can end up being meaningfully different once the full path of execution is taken into account. At that point, the obvious question is what ...
DeFi Doesn’t Remove Trust — It Engineers It
Concrete vaults aim to prioritize sustainable yield sources consistently over time Is the highest APY really the best indicator of a good strategy And this is where the idea of durable strategies becomes clearer Once you include impermanent loss, gas, slippage, strategy maintenance, and volatility, the APY can compress quickly. Gross return and net return can end up being meaningfully different once the full path of execution is taken into account. At that point, the obvious question is what ...
