There are some core questions that are useful to answer when evaluating YaaS propositions: 1.) How does the solution work? 2.) Where does the yield come from? 3.) What types of risks exist vs what risks have been disclosed? 4.) What is the state of the macroeconomic environment? 5.) What is the state of the regulatory environment?
Something that has had attention recently is the idea of offering yield-as-a-service (YaaS). It is a proposition that feels obvious: of course, we want to enable as many people as possible to simply access safe and secure exposure to the benefits of decentralised finance but it is important to remember that, in a gold rush, it is the opportunities which appear most obvious that require the greatest scrutiny.
https://defimullet.substack.com/p/yaas-a-framework-for-evaluating-yield?s=w