Infrastructure Will Matter More Than APR

Most DeFi users focus on rewards, but long-term success depends on infrastructure.

Liquidity fragmentation creates inefficiencies that affect execution, pricing, and capital utilization.

Platforms like STON.fi help users understand liquidity more deeply, while concepts like Omniston point toward a future of more connected and efficient liquidity.

The next phase of DeFi may be defined less by yield and more by infrastructure.
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