DeFi Doesn’t Remove Trust — It Engineers It
Clear permissions create stronger systems than vague decentralization claims. What metrics actually matter when evaluating long term DeFi strategies The moment that question appears, the opportunity stops looking simple. Impermanent loss, rebalancing costs, execution friction, slippage, volatility, and timing all affect what the user actually keeps. One reason this matters is that displayed yield and realized yield are often very different things. The gap between visible return and actual ret...
DeFi Doesn’t Remove Trust — It Engineers It
Clear permissions create stronger systems than vague decentralization claims. What metrics actually matter when evaluating long term DeFi strategies The moment that question appears, the opportunity stops looking simple. Impermanent loss, rebalancing costs, execution friction, slippage, volatility, and timing all affect what the user actually keeps. One reason this matters is that displayed yield and realized yield are often very different things. The gap between visible return and actual ret...
