DeFi Doesn’t Remove Trust — It Engineers It
Users still place trust in systems they barely understand. Durable strategies are built on fundamental demand rather than speculation What separates temporary yield opportunities from truly sustainable DeFi strategies today One reason this matters is that displayed yield and realized yield are often very different things. A high APY can shrink fast when real-world costs and market behavior are taken seriously. Different protocols generate yield from different engines: fees, borrowing demand, ...
DeFi Doesn’t Remove Trust — It Engineers It
Users still place trust in systems they barely understand. Durable strategies are built on fundamental demand rather than speculation What separates temporary yield opportunities from truly sustainable DeFi strategies today One reason this matters is that displayed yield and realized yield are often very different things. A high APY can shrink fast when real-world costs and market behavior are taken seriously. Different protocols generate yield from different engines: fees, borrowing demand, ...