Recently, I saw a bunch of APY charts for yield aggregators again, made almost like art posters, but honestly, behind those numbers are contracts and counterparties, not philanthropists. You might think that "auto-compounding" means your money is growing automatically, but it could actually be "automatically sending you into someone else's risk pool"... I now tend to be more cautious: first, check the contract permissions and who the funds are actually transferred to. When I see upgrade options or admins who can move funds at will, I put the high APY aside for now. Especially since hardware wallets have been out of stock lately, phishing links are everywhere, and everyone's suddenly more security-conscious, but no matter how tough your wallet is, it can't stop you from accidentally granting permissions. Anyway, I’d rather earn a little less than wake up in the middle of the night to see my assets turn into zero—performance art.

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