RealFi CEO argues crypto yield programs have historically relied on inflationary token rewards that collapse when market conditions deteriorate.
DeFi & Yields ·
The RealFi CEO contends that crypto platforms have long distributed inflationary tokens to users under the guise of yield products, a model that performed well during price rallies but frequently triggered "death spirals" during market downturns. According to https://x.com/CoinDesk/status/2082952878151610410, the CEO characterized these token-based rewards as obscuring the underlying inflationary mechanics driving payouts.