Onchain capital deployment requires discipline and strategy for long term success DeFi strategies must be evaluated beyond surface level yield numbers shown What matters most is the source of the return, not just the visibility of it. From here, the focus shifts toward consistent and repeatable returns A strategy can look strong on the dashboard and still feel disappointing in practice. Once you include impermanent loss, gas, slippage, strategy maintenance, and volatility, the APY can compres...