Real Yield vs Inflationary Rewards: What’s the Difference and Why It Matters in Crypto
Introduction
In the early days of DeFi, yield farming was all the rage. Protocols offered sky-high returns, and users flocked in to farm tokens. But behind the APYs often lurked unsustainable token emissions, a model now widely called inflationary rewards.
Today, the narrative is shifting towards real yield, a more
