The sticky note on my desk has been pulled out again: Don’t just look at APY. Yield aggregators seem convenient, but honestly, they just put your money into a series of contracts running around, and if a layer develops a small hole or the counterparty suddenly gives up, you can only watch on-chain as you get “optimized away.” Recently, rumors about stablecoin regulation, reserve audits, and de-pegging have started circulating again, with everyone shouting about stability while trembling hands, making it easier to be lured away by “high annualized returns”… My current rule is one: first, open it up to see where the money is actually placed and which pools it’s used in. If you can’t figure it out, don’t invest too much; don’t pay too much tuition either. Anyway, I forget after minting, but at least the sticky note still remembers.