DeFi Doesn’t Remove Trust — It Engineers It
Sustainable yield may appear less exciting but proves more reliable long term The real question is not which strategy has the highest yield The important question is where that yield is actually coming from. Impermanent loss, rebalancing costs, execution friction, slippage, volatility, and timing all affect what the user actually keeps. The displayed number often creates a sense of certainty that the actual outcome does not deserve. Some strategies are supported by real usage such as swap fee...
DeFi Doesn’t Remove Trust — It Engineers It
Sustainable yield may appear less exciting but proves more reliable long term The real question is not which strategy has the highest yield The important question is where that yield is actually coming from. Impermanent loss, rebalancing costs, execution friction, slippage, volatility, and timing all affect what the user actually keeps. The displayed number often creates a sense of certainty that the actual outcome does not deserve. Some strategies are supported by real usage such as swap fee...
