We often list vault APYs as “unknown”. While I understand the desire to keep noobs from gambling on products they don’t understand, user experience is extremely important, even for DeFi natives.
A significantly better user experience, while still not overpromising to users, would be to say: “Estimate between X% and Y% APY”, with clickable light blue text that shows the reader the annualized ROI the vault has generated in the last 24 hours.
The most recent UI update looks sick (for reference). Let’s make the UX perfect.
Going forward, all Yearn Vaults should publicly state their estimated (can be a very wide range) APY, along with an annualized APY over the last 24 hours. DeFi users are smart and understand that investments have a wide variety of return outcomes. Let’s give them the best estimate we can, while still erring on the conservative side.
For: Let’s show users more APY data
Against: Let’s keep “Unknown”