Recently, I came across a bunch of yield aggregator APYs again, and they look pretty tempting, but my first reaction now isn't "How much can I earn," but rather "Where exactly does this yield come from." To put it simply, many times it's just the contract moving your money back and forth, behind which are lending pools, market-making pools, or even some whitelist strategies. Any problem in any link isn't just a simple "loss of interest"; it could be the counterparty or the contract directly giving you an unexpected surprise.

These days, isn't the main public chain planning an upgrade and maintenance? Everyone in the group is speculating whether the ecosystem will migrate. I think, if the chain becomes unstable, yield aggregators will be the first to change their face: cross-chain/bridges, oracles, rebalancing—all of these will give you a test to see exactly who you’ve entrusted your money to.

Last night, I also had a moment where I thought, "Just exit, uninstall the wallet," so much simpler... but after calming down, I decided to reduce my position and only keep the few contract paths I understand. For now, that's the plan. If I’m wrong, I’ll admit it—at least I won’t be pretending to sleep.