Honestly, lately I've been looking at some yield aggregators again. The APY displayed on the page looks quite appealing, but my first reaction isn't "how much can I earn," but rather where does this yield come from: how do the contracts transfer money back and forth, which external pools are used, are there admin privileges, who has control over liquidation/pause buttons... In plain terms, the APY often masks contract risk plus counterparty risk stacking together. Plus, with recent testnet incentives, tokenomics speculation heating up, and various guesses about "mainnet issuing tokens," I’m not sure how it will ultimately play out, but the more this atmosphere exists, the easier it is to treat risks as nothing. Anyway, I now prefer slightly lower yields, shorter chains, fewer permissions, and a more peaceful sleep.