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The Skyscraper Fallacy: Why APY is a Structurally Unsound Metric

By Irapena · Published March 5, 2026 · 1 min read · Source: DeFi Tag
Security
The Skyscraper Fallacy: Why APY is a Structurally Unsound Metric

Structural Audit & Foundation Planning SUBJECT: Transitioning from “Headline APY” to “Risk-Adjusted Capital Deployment”

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