The absolute state of defi yields right now is just depressing

honestly looking around the ecosystem today and it just feels so exhausted. you either park your ETH for a measly 3% or you have to go full degen into some random protocol that’s just going to farm and dump its governance token on you within a week

I remember when you could actually find decent sustainable yield without having to treat it like a full time job monitoring your liquidity pool so you dont get rekt by impermanent loss. now its just a sea of copy paste forks. its so annoying trying to just make your capital work efficiently without taking on absurd smart contract risk or dealing with these greedy vc backed farm tokens

Im pretty much done trying to chase those crazy aprs tbh. Lately ive just been moving my idle capital into RWA protocols just to get away from the circular crypto economy. been using edel for on-chain stock lending and some other treasury backed stuff just because the yield comes from actual tradfi demand, not just printed tokens

it just sucks that defi was supposed to be this massive financial revolution but half the time it just feels like a casino where the house takes 99%. kinda miss the days when we had actual innovation in mechanics instead of just new dog mascots.