At First, It Feels Too QuietYou deposit into one of the DeFi vaults, get your vault shares, and then… not much happens. No instant jump, no dramatic change. Just eRate, NAV, and a slowly moving position. I remember thinking that something was missing. In most parts of DeFi, you’re used to constant feedback—rewards, tokens, activity. Here, it feels almost silent. But that silence is misleading. It’s not inactivity—it’s abstraction.Vault Shares: A Different Way to Think About “Balance”What you ...

At First, It Feels Too QuietYou deposit into one of the DeFi vaults, get your vault shares, and then… not much happens. No instant jump, no dramatic change. Just eRate, NAV, and a slowly moving position. I remember thinking that something was missing. In most parts of DeFi, you’re used to constant feedback—rewards, tokens, activity. Here, it feels almost silent. But that silence is misleading. It’s not inactivity—it’s abstraction.Vault Shares: A Different Way to Think About “Balance”What you ...

Everything now feels measurable. APYs update in real time, dashboards show compounding returns, and vaults promise “passive income” with minimal effort. But the more visible yield becomes, the easier it is to stop questioning what’s actually behind it. Visibility replaces understanding in subtle ways.Yield as a Simple Interface Over a Complex SystemFrom a user’s perspective, yield starts as something extremely simple: deposit, earn, withdraw later. That simplicity is intentional. It lowers fr...

Everything now feels measurable. APYs update in real time, dashboards show compounding returns, and vaults promise “passive income” with minimal effort. But the more visible yield becomes, the easier it is to stop questioning what’s actually behind it. Visibility replaces understanding in subtle ways.Yield as a Simple Interface Over a Complex SystemFrom a user’s perspective, yield starts as something extremely simple: deposit, earn, withdraw later. That simplicity is intentional. It lowers fr...