Transparency on yield is much needed
Its not clear how Wellspring produces their yield. For Defi yields, one can find prevailing rates from defillama's website and select stablecoins to see that most stablecoins are yielding in the low single digits. For Wellspring to produce double digit yields, there is something else going on. It would be great if they can be transparent. Also, defi is notorious for blow ups due to hacks and frauds, meaning your principal is at risk. 12% is great if the principal is safe. In this case it is not sure and highly unlikely if coming from Defi.







