The One-Click DeFi Economy
Governance introduced human decisions back into supposedly trustless systems. But the headline figure is usually far easier to read than the underlying trade-off. Why do some strategies degrade once execution costs are considered fully From here, understanding mechanisms becomes more important than chasing numbers One reason this matters is that displayed yield and realized yield are often very different things. Impermanent loss, rebalancing costs, execution friction, slippage, volatility, an...
The One-Click DeFi Economy
Governance introduced human decisions back into supposedly trustless systems. But the headline figure is usually far easier to read than the underlying trade-off. Why do some strategies degrade once execution costs are considered fully From here, understanding mechanisms becomes more important than chasing numbers One reason this matters is that displayed yield and realized yield are often very different things. Impermanent loss, rebalancing costs, execution friction, slippage, volatility, an...
What Makes a DeFi Strategy Actually Sustainable?
Concrete DeFi USDT provides stable yield compared to volatile alternatives Real activity based yield tends to be more stable over time What role does diversification play in building sustainable DeFi portfolios What is advertised and what is realized are often separated by more friction than people expect. The number shown on a dashboard is usually only the beginning of the story. By the time volatility and execution costs are fully counted, the yield can look very different from the original...
What Makes a DeFi Strategy Actually Sustainable?
Concrete DeFi USDT provides stable yield compared to volatile alternatives Real activity based yield tends to be more stable over time What role does diversification play in building sustainable DeFi portfolios What is advertised and what is realized are often separated by more friction than people expect. The number shown on a dashboard is usually only the beginning of the story. By the time volatility and execution costs are fully counted, the yield can look very different from the original...
