Member-only story
I think the idea of generating high yields has attracted a lot of investors into the DeFi space, but from my scrolling through Reddit threads, telegram groups, discord channels, and crypto Twitter, a large amount of these investors don’t seem to have a good grasp on where the yield comes from. I previously wrote an article about APYs and how they aren’t all the same that I think is still especially relevant. With the crypto market hitting a bit of a slump the past week, I thought it would be a good opportunity to examine what has happened to some yield figures, a 2nd part on what makes a yield “real”, and maybe that will help people figure out what they want to do in this space.
Bearish market conditions
Disclaimer here, I don’t actually think/know if we are in a bear market, but when we see high levels of pessimism and fear, we can use this to emulate what a bear market environment would look like in DeFi.
