DeFi Doesn’t Remove Trust — It Engineers It
Rebalancing strategies introduces friction that affects long term yield outcomes Stable returns compound more effectively than volatile high yield spikes The real question is not how high the number is, but what economic activity is generating it. The headline figure is usually much easier to observe than the net outcome. A high APY can shrink fast when real-world costs and market behavior are taken seriously. The source of the return matters just as much as the size of it. At that point, the...
DeFi Doesn’t Remove Trust — It Engineers It
Rebalancing strategies introduces friction that affects long term yield outcomes Stable returns compound more effectively than volatile high yield spikes The real question is not how high the number is, but what economic activity is generating it. The headline figure is usually much easier to observe than the net outcome. A high APY can shrink fast when real-world costs and market behavior are taken seriously. The source of the return matters just as much as the size of it. At that point, the...
