The One-Click DeFi Economy
Liquidity depth plays a major role in sustaining DeFi strategies long term Most strategies fade because they rely heavily on unsustainable incentives models Is the highest APY really the best indicator of a good strategy And this is exactly where deeper analysis starts to matter more Gross return and net return can end up being meaningfully different once the full path of execution is taken into account. Headline yield tends to look much cleaner than realized performance. By the time volatili...
The One-Click DeFi Economy
Liquidity depth plays a major role in sustaining DeFi strategies long term Most strategies fade because they rely heavily on unsustainable incentives models Is the highest APY really the best indicator of a good strategy And this is exactly where deeper analysis starts to matter more Gross return and net return can end up being meaningfully different once the full path of execution is taken into account. Headline yield tends to look much cleaner than realized performance. By the time volatili...
If You Can’t Explain Yield, You Are the Yield.
One reason yield feels so accessible in crypto is because DeFi made it visible by default. Most products make the experience look frictionless: capital goes in, the dashboard moves, and the return feels tangible. A visible return is easy to admire, but much harder to evaluate without understanding the source. From that point on, the dashboard becomes less of an answer and more of a prompt. What is advertised and what is realized are often separated by more friction than people expect. Imperma...
If You Can’t Explain Yield, You Are the Yield.
One reason yield feels so accessible in crypto is because DeFi made it visible by default. Most products make the experience look frictionless: capital goes in, the dashboard moves, and the return feels tangible. A visible return is easy to admire, but much harder to evaluate without understanding the source. From that point on, the dashboard becomes less of an answer and more of a prompt. What is advertised and what is realized are often separated by more friction than people expect. Imperma...