APY would be one of the last things I check, not the first. I’d start with the underlying RWA, its cash flow, legal ownership, custody, liquidity, smart-contract security, and failure scenarios. Once those are clear, then I’d decide whether the yield is worth the risk.😊💯
USD8 arrives next week.
Most people ask “what’s the APY?”
Wrong first question.
Before parking stables in an RWA yield product, what do you confirm first?
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Draw: Mon, Sep 14, 16:00 UTC+8