Execution layers shape outcomes more than users typically realize across blockchain environments
Not all yield is created equal when it comes to long term viability DeFi maturity brings focus on infrastructure rather than incentives alone What matters most is the source of the return, not just the visibility of it. And that is exactly where DeFi becomes more interesting — and more dangerous. The displayed number often creates a sense of certainty that the actual outcome does not deserve. Once you include impermanent loss, gas, slippage, strategy maintenance, and volatility, the APY can c...
Execution layers shape outcomes more than users typically realize across blockchain environments
Not all yield is created equal when it comes to long term viability DeFi maturity brings focus on infrastructure rather than incentives alone What matters most is the source of the return, not just the visibility of it. And that is exactly where DeFi becomes more interesting — and more dangerous. The displayed number often creates a sense of certainty that the actual outcome does not deserve. Once you include impermanent loss, gas, slippage, strategy maintenance, and volatility, the APY can c...
