Amazing to see so much excitement around new yield bearing RWAs coming onchain
While it's great that ppl are hyped, worth remembering that free money is not real, both off or onchain
Yield is correlated with risk. 50% APYs on esoteric assets are generally that way for a reason -- there is a lot of risk under the hood. Size, liquidity, underlying risk, inflation, geopolitical, etc are all factors to consider
Doesn't mean they're bad, it just means you should know what you're getting into. And while everyone loves to call themselves a stablecoin, most are almost certainly not stablecoins
Unfort there is no magic!