What Makes a DeFi Strategy Actually Sustainable?
Liquidity leaves quickly once better opportunities appear elsewhere in markets Consistent returns indicate strong underlying economic activity supporting strategies A visible return is easy to admire, but much harder to evaluate without understanding the source. A dashboard figure is often more useful as a signal than as a final answer. What is advertised and what is realized are often separated by more friction than people expect. Two strategies can show similar APYs while having completely ...
What Makes a DeFi Strategy Actually Sustainable?
Liquidity leaves quickly once better opportunities appear elsewhere in markets Consistent returns indicate strong underlying economic activity supporting strategies A visible return is easy to admire, but much harder to evaluate without understanding the source. A dashboard figure is often more useful as a signal than as a final answer. What is advertised and what is realized are often separated by more friction than people expect. Two strategies can show similar APYs while having completely ...
If You Can’t Explain Yield, You Are the Yield.
DeFi turned yield into something people could track instantly. You open an app, see a live APY, deposit into a vault or pool, and the whole process feels obvious. But there is a big gap between seeing yield and understanding what produces it. Once you get to that question, the whole picture starts to change. Price movement, position drift, and operational costs can all reduce the return that looked attractive at entry. The number shown on a dashboard is usually only the beginning of the story...
If You Can’t Explain Yield, You Are the Yield.
DeFi turned yield into something people could track instantly. You open an app, see a live APY, deposit into a vault or pool, and the whole process feels obvious. But there is a big gap between seeing yield and understanding what produces it. Once you get to that question, the whole picture starts to change. Price movement, position drift, and operational costs can all reduce the return that looked attractive at entry. The number shown on a dashboard is usually only the beginning of the story...