DeFi created something extraordinary. For the first time, financial infrastructure became transparent. Anyone can see liquidity pools. Anyone can see lending markets. Anyone can see yields. But transparency does not automatically equal understanding. Numbers are visible. Mechanisms are not always obvious.Yield as Economic ActivityAt its core, yield represents economic activity. Someone pays. Someone earns. In DeFi, this relationship often takes several forms. Traders pay fees to access liquid...

DeFi created something extraordinary. For the first time, financial infrastructure became transparent. Anyone can see liquidity pools. Anyone can see lending markets. Anyone can see yields. But transparency does not automatically equal understanding. Numbers are visible. Mechanisms are not always obvious.Yield as Economic ActivityAt its core, yield represents economic activity. Someone pays. Someone earns. In DeFi, this relationship often takes several forms. Traders pay fees to access liquid...

DeFi vaults can feel complex — but they don’t have to be. Let’s reframe Concrete vaults in a way that feels familiar.👤 A User’s First InteractionYou deposit funds into a Concrete vault. Immediately:You receive vault sharesYou see metrics like NAV and eRateAnd it’s unclear: “Am I earning? How does this grow?”📈 Vault Shares = Fund OwnershipThink of Concrete vaults like a shared investment fund. When you deposit:You don’t hold raw assetsYou hold shares in the fundEach share represents your por...

DeFi vaults can feel complex — but they don’t have to be. Let’s reframe Concrete vaults in a way that feels familiar.👤 A User’s First InteractionYou deposit funds into a Concrete vault. Immediately:You receive vault sharesYou see metrics like NAV and eRateAnd it’s unclear: “Am I earning? How does this grow?”📈 Vault Shares = Fund OwnershipThink of Concrete vaults like a shared investment fund. When you deposit:You don’t hold raw assetsYou hold shares in the fundEach share represents your por...