DeFi Doesn’t Remove Trust — It Engineers It
Smart contracts reduce trust, but cannot eliminate it entirely. Decentralization often masks deeper layers of centralized control. How important is liquidity depth in maintaining consistent returns in DeFi That is usually where more serious thinking begins. Once you include impermanent loss, gas, slippage, strategy maintenance, and volatility, the APY can compress quickly. The visible number says very little about the costs required to maintain the position. Most users see the visible rate fi...
DeFi Doesn’t Remove Trust — It Engineers It
Smart contracts reduce trust, but cannot eliminate it entirely. Decentralization often masks deeper layers of centralized control. How important is liquidity depth in maintaining consistent returns in DeFi That is usually where more serious thinking begins. Once you include impermanent loss, gas, slippage, strategy maintenance, and volatility, the APY can compress quickly. The visible number says very little about the costs required to maintain the position. Most users see the visible rate fi...
