In finance, the great majority of end-users and investors don’t actually consider where the yield on their capital comes from – DeFi is no different. With the recent cryptocurrency market downturn, Total Value Locked (TVL) is down, yields are evaporating, and a myriad of risks seem to be spreading, such as stablecoins de-pegging from their 1:1 peg. This begs the question – does legitimate yield even exist? If so, how does one evaluate the risk of placing capital in a yield-bearing product? Th...