I just came across a yield aggregator with a "high APY," and I got a little itchy, but when I clicked on the contract address, I calmed down... To be honest, APY is just the result; the process might be: throwing your money into a bunch of strategy contracts, then borrowing/liquidity providing/rebalancing, any problem in any link isn't a "profit withdrawal," it's directly losing a chunk. Not to mention the counterparty: who are you actually trading with, who is paying you that interest, where is the liquidation line, usually just briefly mentioned on the page. Recently, funding rates have been extreme, and in the group, people are arguing whether to reverse or keep squeezing the bubble. I actually prefer to look at net inflows and liquidation distributions—don't end up discovering that you're earning a "temporary bonus" from others' leverage. Better to wait and see; taking it slow is fine.

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