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Solstice’s Ryan Day on why sustainable DeFi yield depends on business fundamentals, not token incentives Crypto yield has always carried a credibility problem. The same market that learned to demand proof after incentive-heavy protocols unwound still tends to compress risk into a single APY. That tension sits at the center of Solstice’s pitch: whether stablecoin-native, delta-neutral strategies can become usable yield infrastructure without recreating the same opacity, reflexive incentives, and […] The post Solstice’s Ryan Day on why sustainable DeFi yield depends on business fundamentals, not token incentives appeared first on CryptoSlate. https://cryptoslate.com/solstices-ryan-day-on-why-sustainable-defi-yield-depends-on-business-fundamentals-not-token-incentives/