Lately I've been browsing yield aggregators again, and the APY on the page looks pretty impressive, but honestly, behind that string of returns, how many contracts are actually involved, who borrowed whose money, who is taking the opposing side—I still feel a bit uncertain after clicking around for a while... Especially when the funding rate is extreme, and there's a debate in the group about whether it's a reversal or just a continued bubble, I become even more hesitant to see "high APY" as something given by the sky. This situation really highlights the importance of discipline: when I get impulsive to add to my position, I force myself to first check the contract permissions and redemption paths, set a stop-loss line for myself, or I might end up losing so much that I have to close Twitter and go for a run. Let's see what else.