Is DeFi Yield Actually Paying You for Tail Risk?

Description

Tom Dunleavy (Varys Capital) and Adrian Vasiljevic (Steakhouse Financial) join Laura Shin to argue whether DeFi yields are paying users enough for the smart-contract, oracle, and composability risks they're absorbing. Dunleavy applies traditional bond-math decomposition to prime DeFi USDC supply and lands at a fair-value yield of ~12.55% — far above current Aave and Compound rates. _______________________________________________________ #bitcoin #ethereum #crypto #cryptocurrencies ++++++++++++++++++++++++++++++++++++++++++++++++ Subscribe to our channel! Website → https://unchainedcrypto.com Unchained Daily Newsletter (FREE!)→ https://unchainedcrypto.beehiiv.com/subscribe/ Unchained X → https://x.com/unchained_pod Apple → https://podcasts.apple.com/us/podcast/id1123922160?ls=1 Spotify → https://open.spotify.com/show/1cJrrfGY1SKBIRn5noKSAf?si=6SI4qIcRTEO7EhOe0V9n4w RSS Feed → https://feeds.megaphone.fm/LSHML4761942757 Unchained: Your no-hype resource for all things crypto!