Vault products like disgraced Stream xUSD will continue to attract users.
DeFi gets complicated and retail WANTS higher passive yield, so 'experts' fill that hole.
Problem is opacity: You can't track where funds are in real time.
DeFi already solved this issue last cycle:
Products like Yearn, Beefy, Fluid 'Lite' vaults are transparent. And Lido is entering Vault category with their own strategies.
Yep, yields are less juicy, but at least you know where the money is and where the yield comes from.
Btw, I'm a delegate for Lido DAO.
If you hold LDO, feel free to delegate tokens to me:
0x3DDC7d25c7a1dc381443e491Bbf1Caa8928A05B0
8.91K
47
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.