Beyond APY: What Actually Makes a Good DeFi Strategy
When exploring decentralized finance, many users immediately focus on one metric: APY. It’s simple, easy to compare, and often used as the main selling point for new protocols. But APY alone does not define a good DeFi strategy. Behind every yield number lies a combination of mechanisms, risks, and capital allocation decisions that ultimately determine whether a strategy is sustainable.The Difference Between Yield and StrategyA high APY can be generated in many ways. Some protocols rely on te...
Beyond APY: What Actually Makes a Good DeFi Strategy
When exploring decentralized finance, many users immediately focus on one metric: APY. It’s simple, easy to compare, and often used as the main selling point for new protocols. But APY alone does not define a good DeFi strategy. Behind every yield number lies a combination of mechanisms, risks, and capital allocation decisions that ultimately determine whether a strategy is sustainable.The Difference Between Yield and StrategyA high APY can be generated in many ways. Some protocols rely on te...
