Yield isn't a right. It's compensation for risk.


People forgot that. Last week reminded them.
You parked $100k in a protocol earning 15% APY. Felt like a savings account with better rates.
No exit strategy. No failure scenario. Just vibes and "blue chip protocol" reassurance.
Then the contract got drained. Your $100k became $0 in minutes.
Not because you were stupid. Because you treated yield like it was guaranteed instead of what it actually is: payment for accepting catastrophic risk.
Every percentage point above zero is someone paying you to take a bet.
15% APY means 15% worth of things that can go wrong.
The real damage isn't the money. It's psychological.
For months you'll second-guess every position. Check contracts obsessively. Pull funds at the first rumor.
You'll either quit DeFi entirely or learn to size positions like an adult.
This is how the industry hardens. Not through blog posts about "best practices." Through actual pain.
The protocols that survive ship the fixes. The ones that don't become warnings.
Less fun. More real.
DEFI0.86%
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