Recently, I saw a bunch of yield aggregators that make APY look like they've been cheating. Frankly, my first reaction isn't "how much can I earn," but rather "who's actually taking the money and what are they doing with it." Aggregators seem to help you save effort on the surface, but behind the scenes, it's actually a series of contract calls plus counterparty commitments: whether the strategy contracts have upgrade paths, who holds the permissions, whether the underlying pools are new L1/L2 incentives to pull TVL... When things get lively, it easily turns into old users complaining about "extraction and selling," with high yields but slippage and rule changes at exit making the community laugh. Overall, it feels like autonomous driving mixed with assembled toys—able to run, but I still prefer to do authorization checks first, avoid unlimited permissions if possible, keep positions from getting too crazy, because losing your keys once can lead to long-lasting regret.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments