Max Y (APY, TVL arc)

Not another RWA talk. A real discussion about what's actually working. Behind the Asset EP2: RealFi Uncovered - Building the Future of Onchain Finance 📆 March 19, 11AM EST 🔗 x.com/i/spaces/1oKMv… Featuring: - @Alchemy - @glennonchain (Glenn Rothwell, Business Development) - @AquaFluxPro (Jackie, Head of Strategy) - @Dune - @filippoarman (Filippo, Research Lead) - @yield_network - @maxyamp (Max Yamp, Founder & CEO) Hosted by @michellek_web3 (Michelle Kang, CMO) Tokenization ≠ usable asset. Infrastructure is everything else. Set a reminder 👇

Ink is co-hosting Proof of Liquidity with @yield_network & @FundersVC on March 30. The dedicated venue for institutional deal flow at @EthCC - a curated floor for capital and protocol alignment. Capacity is capped. If you’re deploying or raising capital, this is your room 👇

Yield Network x @inkonchain, Kraken's chain Proof of Liquidity returns to @EthCC. We are hosting the premier LP & Capital Formation summit in Cannes. No panels. No noise. Just the sharpest allocators and DeFi infrastructure in the same room. Apply 👇 luma.com/yc8j7c70

Your 100% APR is a hidden trap. The @berachain "basis trade" is a perfect example of how DeFi rewards can turn into a trap. On paper, it looks like a dream: you buy iBGT (the yield-bearing wrapper), short $BERA to stay delta-neutral, and harvest a 113% APY. The real danger is the funding rate. When $BERA pumped 40% recently, short funding rates on some venues hit an impressive 1,000% APR. Farmers who thought they were "risk-free" suddenly found their yields being incinerated by the cost of their own hedge. To make things worse, the iBGT pool is super thin; just $100k in selling pressure was enough to cause a massive depeg. We could see this same "extractive" pattern in other models: > @pendle_fi ($sPENDLE): With the new 14-day lock, I fear farmers will simply short $PENDLE rather than using the protocol's actual yield tools (PTs), creating a cycle of sell pressure. I am convinced that the @nomad_ V3 proposal could be the solution. Decoupling price volatility from the reward mechanics, we stop the "short-and-farm" game. Having a token that generates yield is great, but if it forces every trader to bet against you while the spot market stays dead, the protocol is just a slow-motion exit for extractive capital. We need to move toward models that reward actual loyalty, not just the ability to manage a hedge.