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Shubham
@shub
Why do some lending protocols prefer rebasing tokens (Compound, Aave) over accumulating tokens (Spark, Compound V2)? Rebasing lacks composability. You can't really use them across different protocols. So I wonder what drives them.
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Shubham
@shub
Based on the X discussion, the reason is to prioritize user interaction over composability. It's easier to know the yield from Rebasing tokens than calculating it using an exchange rate for yield tokens. ERC-4626 standard can make rebase tokens and yield tokens wrappable into each other but lacks wallet support.
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