Recently, someone posted a screenshot of the APY from a yield aggregator in a group chat, almost like a victory announcement... I’m just watching and still checking who they’re doing business with. Honestly, that “annualized” return you’re earning might be backed by layers of contracts, plus an opaque counterparty; if something goes wrong, you won’t even know who to blame.

What’s even more outrageous is that the community is now arguing over whether privacy coins/mixing is a sin, while at the same time funneling funds into various “black box routes.” The boundaries of compliance really depend on one’s mood. Anyway, whenever I see ridiculously high numbers, I first cool down: I’ll revoke permissions I don’t often use and continue researching tomorrow.