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sieunhantim.eth
May 4

DeFi Doesn’t Remove Trust — It Engineers It

Constraints help systems respond predictably during unexpected failures. Timelocks delay problems but rarely solve systemic risks. That single question changes the way the whole opportunity should be read. A strategy can look strong on the dashboard and still feel disappointing in practice. One reason this matters is that displayed yield and realized yield are often very different things. Not all of these sources should be treated as equally durable. In DeFi, that flow may come from trading f...

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DeFi Doesn’t Remove Trust — It Engineers It

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