Many people fixate on that yield aggregator’s APY figure, but I’d rather first open it and see which contracts the money is being put into—and who the counterparties are. Put simply, yield doesn’t come out of nowhere: either you take on liquidation/slippage/bad debt risks, or you hand permissions over to a certain strategy contract to “manage” your funds. Recently, that whole “re-staking and shared security” setup that’s been getting mocked as copycat nested dolls—I get it… Earning yield on top of yield sounds great, but the risks stack up too, and the more it stacks, the more it starts to feel like gambling that “nothing goes wrong at the same time.” My approach is pretty old-school: I’d rather earn a little less than be unable to draw a map of the fund flows—otherwise I can’t sleep at night. You say “just look at the audits”… I can only say audits ≠ no problems happening.