Liquidity Mining Explained
Short term incentives often distort true value of DeFi strategies temporarily What risks are hidden behind attractive APY numbers shown on dashboards This is where a simple dashboard stops being enough. A strategy can look strong on the dashboard and still feel disappointing in practice. Once you include impermanent loss, gas, slippage, strategy maintenance, and volatility, the APY can compress quickly. The number shown on a dashboard is usually only the beginning of the story. A return suppo...
Liquidity Mining Explained
Short term incentives often distort true value of DeFi strategies temporarily What risks are hidden behind attractive APY numbers shown on dashboards This is where a simple dashboard stops being enough. A strategy can look strong on the dashboard and still feel disappointing in practice. Once you include impermanent loss, gas, slippage, strategy maintenance, and volatility, the APY can compress quickly. The number shown on a dashboard is usually only the beginning of the story. A return suppo...
