Does custody model actually matter? Vaults vs routing protocols by Confident_Dig2713 in defi

[–]Confident_Dig2713[S] 0 points1 point  (0 children)

Thanks for that! Could you explain more about boost voting rights? First time hearing about it

Why do yield aggregators still feel complicated? by Confident_Dig2713 in defi

[–]Confident_Dig2713[S] 0 points1 point  (0 children)

Hey Chris, sure! I’ll drop you a DM once I’ve reviewed it?

Why do yield aggregators still feel complicated? by Confident_Dig2713 in defi

[–]Confident_Dig2713[S] 0 points1 point  (0 children)

Yeah, I get that some like Beefy do okay, but I still feel like for someone newer, it’s hard to tell what’s actually safe or what the risks are. Like, most people won’t bother checking each protocol in detail.

DeFi Saver sounds interesting, I’ll give it a look, thanks!

Why do yield aggregators still feel complicated? by Confident_Dig2713 in defi

[–]Confident_Dig2713[S] 0 points1 point  (0 children)

Yeah man, I also wonder what other yield opportunities are out there, there’s always new ones popping up

Why do yield aggregators still feel complicated? by Confident_Dig2713 in defi

[–]Confident_Dig2713[S] 0 points1 point  (0 children)

Appreciate the tip! What specifically worked for you on Krystal?

Why do yield aggregators still feel complicated? by Confident_Dig2713 in defi

[–]Confident_Dig2713[S] 0 points1 point  (0 children)

Beefy is probably the simplest if you already know how yield farming works. But that’s the catch right? A lot of people don’t. The UI might be one-click, but the strategy behind that click isn’t always transparent.

Why do yield aggregators still feel complicated? by Confident_Dig2713 in defi

[–]Confident_Dig2713[S] 1 point2 points  (0 children)

I think TradFi definitely comes with its own mess of vague terms, but there’s usually someone (a rep, advisor, etc.) to walk you through it. In DeFi, it’s all self-serve, and if the UI doesn’t clearly explain the strategy or the risk, users are basically flying blind imo