Lately I've been looking at yield aggregators again, and that APY on the page is really tempting, but honestly, behind it it's not "arbitrarily growing returns," it's just a bunch of contracts moving your assets around: depositing into protocol A, borrowing from protocol B, adding some leverage, and in the end, you're really taking on contract risk plus counterparty risk. Especially with NFT collateralization, no matter how beautiful the collateralization ratio and liquidation line look, if the underlying lending pool has issues, liquidation isn't "following the formula," it's "following on-chain reality." Recently, hardware wallets have been out of stock again, and phishing links are everywhere. Now, when I see "authorization/signature/one-click re-investment," I pause for three seconds first, preferring to earn a little less than to give away permissions.