Recently, someone asked me why the APY of yield aggregators is so attractive... I usually pause when I see high returns and first check where the money is actually going: is it locked in a certain contract and constantly swapped, or is it actually dealing with other people's positions and platform risk management? To put it simply, returns don't come out of nowhere; most likely, you're bearing the volatility, liquidations, or even the platform's issues on behalf of others.

Airdrop season is the same way. Task platforms and anti-witchcraft measures have turned points systems into something like clocking in at work. Everyone's competing, but what I worry about more is moving assets back and forth just for a few points, ultimately shifting the risk onto myself. Anyway, my rules are still the same: if I don't understand how the money is made, I just ignore that income; take profits when it's time, and go to sleep when it's time.