Recently, I've been again exploring yield aggregator pools, with APY written in a flashy way. Basically, it's stacking a bunch of contract nesting: you think you're earning "stable interest," but in reality, there's also oracles, routing, cross-chain bridges, and even some manual permissions from the project team. The counterparty isn't just the borrower; more often, it's "Will this system malfunction someday?"

I'm not regretful about the outcome, but about how I only focused on APY back then, without the patience to check which contract the funds finally ended up in.
L2s have been arguing about TPS, fees, and subsidies lately, and I feel even more anxious: the bigger the subsidy, the more attractive the pool, but who's actually footing the bill behind the scenes...
Forget it, I'll just keep splitting small packages and eating them, only taking a bite when I understand it.