DeFi Yield Is Easy to See, But Harder to Evaluate
One of the most attractive features of decentralized finance is how transparent everything appears. Open any DeFi dashboard and you immediately see the key number everyone cares about: APY. For many users, this number becomes the main factor guiding where they allocate their capital. Higher APY seems to mean better returns. But in reality, evaluating DeFi yield is more complex than simply comparing percentages.The Convenience of APYAPY became the dominant metric in DeFi because it simplifies ...
DeFi Yield Is Easy to See, But Harder to Evaluate
One of the most attractive features of decentralized finance is how transparent everything appears. Open any DeFi dashboard and you immediately see the key number everyone cares about: APY. For many users, this number becomes the main factor guiding where they allocate their capital. Higher APY seems to mean better returns. But in reality, evaluating DeFi yield is more complex than simply comparing percentages.The Convenience of APYAPY became the dominant metric in DeFi because it simplifies ...
