{
  "$type": "site.standard.document",
  "bskyPostRef": {
    "cid": "bafyreiaxmbpwftbqvvyxj5hzhprqmzrfk76elekt73nfkm7tzwef3fbptq",
    "uri": "at://did:plc:3jg5ch2x6onc5mwonrp5wps6/app.bsky.feed.post/3mogyjxiowho2"
  },
  "coverImage": {
    "$type": "blob",
    "ref": {
      "$link": "bafkreigfqiorvimc2ggonlrqf6gussdmzkvkd22spbyorb3u5lqiyodija"
    },
    "mimeType": "image/jpeg",
    "size": 124257
  },
  "path": "/solstices-ryan-day-on-why-sustainable-defi-yield-depends-on-business-fundamentals-not-token-incentives/",
  "publishedAt": "2026-06-16T21:30:08.000Z",
  "site": "https://cryptoslate.com",
  "tags": [
    "DeFi",
    "Interview",
    "Stablecoins",
    "Solstice’s Ryan Day on why sustainable DeFi yield depends on business fundamentals, not token incentives",
    "CryptoSlate"
  ],
  "textContent": "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 […]\n\nThe post Solstice’s Ryan Day on why sustainable DeFi yield depends on business fundamentals, not token incentives appeared first on CryptoSlate.",
  "title": "Solstice’s Ryan Day on why sustainable DeFi yield depends on business fundamentals, not token incentives"
}