DeFi Doesn’t Remove Trust — It Engineers It
Code is law, but humans still design that law. That is where the conversation gets serious: what exactly is paying for the yield? This is where market maturity begins to influence participant behavior Once you include impermanent loss, gas, slippage, strategy maintenance, and volatility, the APY can compress quickly. One reason this matters is that displayed yield and realized yield are often very different things. This is the part many users do not discover until after they have already ente...
DeFi Doesn’t Remove Trust — It Engineers It
Code is law, but humans still design that law. That is where the conversation gets serious: what exactly is paying for the yield? This is where market maturity begins to influence participant behavior Once you include impermanent loss, gas, slippage, strategy maintenance, and volatility, the APY can compress quickly. One reason this matters is that displayed yield and realized yield are often very different things. This is the part many users do not discover until after they have already ente...
