60% of a 6.56% Onchain Yield Is Someone Else's Gift: One Equation to Find Who Pays
Sixty yield-bearing pools on Robinhood Chain average 6.56%, and 60.1% of that is rewards. This piece splits onchain yields into six parts (price, fees, lending spread, basis, subsidies, risk compensation) to find who pays each one, sets a 3.5–4% unsubsidized benchmark, and shows how bridging, slippage, weekend premiums and regional access change what you actually earn.
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