Tokenomics & On-chain

What is real yield versus inflationary yield in crypto?

Real yield is return paid to holders from a protocol's actual revenue, such as trading or borrowing fees, while inflationary yield is paid by issuing new tokens. The distinction matters because inflationary yield can dilute the same holders it rewards, so a headline rate may not reflect genuine earnings. For example, a 20% staking reward funded entirely by new issuance may leave your token share roughly flat after dilution, whereas fee-based yield does not expand supply. Separating the two shows whether a yield is earned or printed. Looking at the source of yield is central to reading tokenomics honestly.

Crypto investments are subject to market risk and volatility. Past performance is not indicative of future returns. This is general information, not investment advice — consider your own circumstances or consult a qualified adviser before investing.