The risk is you being your own yield
😉 The price of x token to go down in value much more than the supposed "yield" resulting in you buying your own yield basically for tax.
So cannot be said it to be good deal. It may or may not be.
The yield fetish is equal to focus only on dividends paid out while ignoring total return of︀ a stock.
So lets say you focus last 7days coingecko, whereas bitcoin is up 32.7%︁ vs. eth up only 21.4%. So youd need effectively need 2 years of yield to︂ offset this loss.
Whereas you could find a small coin which just 3x s and︃ pays yield on top... Resulting in a big fat strong outperformance.
So it cannot be︄ said generally nor can a formula be made. Id just warn against it being such︅ a strong focus snakes salesmen put on.
There is also yield from stablecoins, whereas this︆ seems more predictable, it can end like luna/ust you buying your yield very expensively.
Also there is platofrm and reg risk. Especially with the us being so aggressive and shCit︇ all over the place right now. You might better focus on dexes / defi stuff︈ as of now. (this is also changing).
There is something newish - like real yield.︉ A good and famous one hereby is:
GMX
They do not dilute their stack by︊ paying you yield and pay in non-native currency.
This is much better but the yield︋ is adjusted weekly making a prognosis impossible.
