I prefer to see @alturax's yield vault as an act of "choice structure" rather than simply chasing returns.
Currently, the TVL is only in the hundreds of thousands of dollars, indicating that it has not yet entered the stage of mass consensus. Participation at this stage is not about APR but whether you agree with the underlying operational approach: how yields are generated, whether the strategy is traceable, and if the rules are clearly explained in advance.
Depositing to start earning points essentially means exchanging capital for a long-term position. Intense competition is not surprising; truly valuable airdrops have never been about "throwing some money around," but about the stage you're at and the way you participate.
What I care more about is that the vault consolidates staking, strategy, and yield distribution into an observable system. You're not betting on a single market movement but accepting a set of predefined rules. The advantage of this design is predictability; the obvious downside is that when the rules don't fit the market, there isn't much room for manual intervention.
Therefore, my attitude towards @alturax is more of an observational participation. Not because it necessarily makes money, but because products that "lay out the rules first and then let users decide whether to enter" are rare in current DeFi.
Whether to increase your position depends on how it withstands stress testing in real-world environments later on.
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I prefer to see @alturax's yield vault as an act of "choice structure" rather than simply chasing returns.
Currently, the TVL is only in the hundreds of thousands of dollars, indicating that it has not yet entered the stage of mass consensus. Participation at this stage is not about APR but whether you agree with the underlying operational approach: how yields are generated, whether the strategy is traceable, and if the rules are clearly explained in advance.
Depositing to start earning points essentially means exchanging capital for a long-term position. Intense competition is not surprising; truly valuable airdrops have never been about "throwing some money around," but about the stage you're at and the way you participate.
What I care more about is that the vault consolidates staking, strategy, and yield distribution into an observable system. You're not betting on a single market movement but accepting a set of predefined rules. The advantage of this design is predictability; the obvious downside is that when the rules don't fit the market, there isn't much room for manual intervention.
Therefore, my attitude towards @alturax is more of an observational participation. Not because it necessarily makes money, but because products that "lay out the rules first and then let users decide whether to enter" are rare in current DeFi.
Whether to increase your position depends on how it withstands stress testing in real-world environments later on.