Yield farming doesn't have to be risky, not with PT flipping the entire "you are the yield" narrative on its head > fixed yield > more than t-bill rate > 6%-30% for stables depending on your contract risk appetite (underlying protocol) > question of sustainability turns into certainty And if you really must know where the yield comes from: It's from you sacrificing the yield + airdrop upside in return for locking in a fixed yield. Counterparty (i.e. YT buyers/PT sellers) takes the other side of the trade hoping future yield + airdrops end up being worth more than the current price of PTs.
yield farming is way too risky for the reward you get. if you are being paid more than t-bill rate then you are the yield you just don't know it. there's a reason luna collapsed after paying 20% APR on stables. stop falling for 10+% APR, it's not sustainable.
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