Most yield systems, both in TradFi and DeFi, force you to bet against yourself. Lock into long-term bonds or CDs and eat the early withdrawal penalty when rates move against you, or a better opportunity arises. Stake your assets in a DeFi protocol for 90 days, six months, or a year, hoping the emissions don’t taper, the token you’re paid in doesn’t crater, and nothing better comes along while your capital sits frozen. Immobility is the common, problematic line connecting these dots. The world...
