A Summary of our Discord Alpha Test Final Updates: Product Improvements, Final Performance Updates, Upcoming Vaults, and Discussion on GLP/Beta deposit limitations
Problems of 2022 DeFi yield farming and Steadefi’s 2023 strategy vault solutions: risk management, position clarity, increased strategy options for different market outlooks.
A Summary of our Discord Alpha Test Updates for Week 2: Feedback on General Product, Performance Updates, Future Plans, and Discussion on APR Calculations
Steadefi’s approach to improving DeFi yield farming by providing 1) insight into yield sources, 2) historical trends on yield vaults, 3) APYs that match with the actual ROI.
This post covers 3 reasons DeFi Yield Farming fails to meet user expectations: 1) APYs tend to be based on highly-inflationary incentive tokens, 2) APYs are based on snapshots of the current market prices, 3) APYs are based on confusing manual compounding calculations.
The masses may not be coming to DeFi just yet. First, we’ll have to solve the problems of its dense jargon, intimidating user-interfaces and experiences, and insufficient transparency for wary investors.