I read this:
" . . users deposit assets to earn a yield, our smart contracts then put those assets to work executing a variety of strategies across DeFi protocols."
- what does this actually mean? Can someone give me a hypothetical example with some numbers? I am trying to understand how someone who has BTC can get a return on it - is the value of the BTC being loaned to some startup - are the startups devs getting paid somehow? - it is all very opaque . .
Thanks for any clarity - maybe there is already a “DeFi for Dummies” somewhere? - hmm . . I might Google that . .