
DeFi Doesn’t Remove Trust — It Engineers It
Governance systems introduce new layers of human-dependent trust. Most strategies fade because they rely heavily on unsustainable incentives models What makes a yield source reliable instead of temporary in decentralized finance What looks generous on the dashboard can feel much thinner after the full set of trade-offs shows up. One reason this matters is that displayed yield and realized yield are often very different things. That leads directly to the next question: where does the yield act...

DeFi Doesn’t Remove Trust — It Engineers It
Governance systems introduce new layers of human-dependent trust. Most strategies fade because they rely heavily on unsustainable incentives models What makes a yield source reliable instead of temporary in decentralized finance What looks generous on the dashboard can feel much thinner after the full set of trade-offs shows up. One reason this matters is that displayed yield and realized yield are often very different things. That leads directly to the next question: where does the yield act...