I recently set a rule for myself: when I see those shiny APYs on yield aggregators, don’t get excited first, just treat it as a small ad that says “discount on the door.” To put it simply, yields don’t come out of nowhere; they are either contracts moving assets for you or temporarily lending your money to someone else—whether the contract has backdoors, which pool the funds ultimately go into, or if there’s an upgradeable/pauseable “main switch,” I won’t ignore these details. Recently, AI agents for automatic trading and on-chain interactions have become quite popular, and the hype is loud, but I care more about what permissions they’ve taken from you and whether they might just sign some outrageous stuff with a single click… Anyway, I’d rather earn a little less now than wake up in the middle of the night to find my door lock has been changed.

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
  • Pin