Yes. It does in a way, but in another way it doesn't. The key here is called oxidization, the DMT will over time be converted to the amine oxide called DMT N-Oxide. This substance
IS UNSOLUBLE in naphtha. This means that
YOU WON'T pull it in an extraction. It will simply be invisible spice and you'll never know what potentially lurked in that old MHRB.
We can be happy though, because there's a really, really simply solution. A simple reduction with excess zinc in an acidic environment will convert it all back into DMT in about 1-3 hours.
We can also be happy a second time, since this is very easily implemented in an ordinary A/B. Just do your boils, combine the down-boiled acidic water with the plant material removed, and re-acidify the pH to ≤ 3. Then you add ≥ 20mg zinc powder per gram MHRB you had, heat it to a safe temperature to speed up the reaction (≤ 50°C is nice), and stir for a couple of hours. Filter out the zinc, and continue to the base step like usual. Most of your old N-Oxide are now in the form of DMT and therefore the age problems should be fully reverted!
I don't recommend trying this on STBs since it yields more problems than it solves (trust me on this one), but A/Bs are perfect!
If you want to keep your bark from oxidizing from the start, then the usual rules apply. Cold, non-oxygen rich and dark environment will keep your bark safe for a pretty long time!
All of this information should be readily available on this forum!