Tom Dunleavy: Proper risk assessment in DeFi requires disaggregating risk premia, inflated yields mislead investors, and curators play a key role in managing collateral markets | Unchained

DeFi’s true risk-adjusted yields should be 12.5%, challenging current lending rates amid $606 million in exploits. The post Tom Dunleavy: Proper risk assessment in DeFi requires disaggregating risk premia, inflated yields mislead ...