Today I checked out a few yield aggregators' "high APY," basically just packaging a bunch of strategies into a pretty poster.

When I clicked in, I found that behind the scenes, the contracts are layered with nested contracts, some even requiring trust in counterparties: liquidation, lending pools, bridges—if any link has a glitch, the shadow line can directly make you doubt your life.
I at least have stop-losses when I make contracts, but this kind of on-chain "stability" actually makes me more nervous...
Anyway, I’m just patching myself now, small fixes: reducing the limits, only interacting with what I understand, prioritizing the ability to withdraw at any time, even if it means earning less.
By the way, the NFT royalty debate is causing a ruckus—creators want income, secondary markets want liquidity, and in the end, the pressure gets passed along, and the aggregators start changing tactics to chase yields again, maybe the scapegoat is still retail investors.
That’s it for now, I’ll review it again later.