Recently, I’ve been looking at a few yield aggregators again. The APY looks pretty attractive on the surface, but as I click through layer after layer of contract nesting, I suddenly break out in a cold sweat… To put it simply, what you’re getting isn’t “interest,” but rather being embedded into a series of strategies + routing + permissions, and in the end, you still have to bet on whether the counterparty will cause trouble. Now, L2s are arguing every day about TPS, fees, and subsidies—who’s more aggressive. I actually care more about which chain these strategies land on, which pools they rely on, and whether there’s timely alerting if something goes wrong. Anyway, my own approach is to treat it as a “backup” idea: don’t put all your yield sources into one, don’t rely on just one path—even if it means earning a little less, at least you won’t get completely blacked out if something goes wrong. That’s all for now.