Recently, someone asked me again about that "looks pretty good" APY from yield aggregators. Anyway, whenever I see high numbers now, I take a moment to stay calm. To put it simply, aggregators are just helping you move funds around within a bunch of pools. On the surface, it seems convenient, but behind the scenes, there's an extra layer of smart contracts, permissions, and counterparty risks from the protocols they connect to. When something goes wrong, you won't even know which layer is at fault.

I personally prefer things that I can understand and have a shorter path. Earning slowly is okay; at least I can sleep peacefully. Especially now, hardware wallets are out of stock, and phishing links are everywhere. People's security awareness has improved, but this kind of "one more hop, one more layer" structure on-chain essentially amplifies the fault tolerance space... First, keep a tight grip on authorizations and signatures—don't stack risks like Russian nesting dolls just to save a few operation fees.