The One-Click DeFi Economy
But visibility is not the same thing as understanding. Are emission based rewards enough to sustain long term yield generation That tension is where a lot of misunderstandings begin. Most users see the visible rate first and assume it is close to what they will ultimately keep. Once you include impermanent loss, gas, slippage, strategy maintenance, and volatility, the APY can compress quickly. Gross return and net return can end up being meaningfully different once the full path of execution ...
The One-Click DeFi Economy
But visibility is not the same thing as understanding. Are emission based rewards enough to sustain long term yield generation That tension is where a lot of misunderstandings begin. Most users see the visible rate first and assume it is close to what they will ultimately keep. Once you include impermanent loss, gas, slippage, strategy maintenance, and volatility, the APY can compress quickly. Gross return and net return can end up being meaningfully different once the full path of execution ...
