These days, new narratives are flooding the scene again. Once attention shifts, funds follow, essentially making you chase the high and get cut again.

I now generally avoid pools that everyone is talking about today, especially those with ridiculously high APRs. First ask yourself: who is actually paying for these returns? Are they relying on later investors to buy in, or will the incentives collapse after distribution?

Additionally, when checking on-chain, I casually glance at validator/miner earnings and MEV situations. Recently, retail investors have been complaining about unfair ordering, which isn’t without reason. With high transaction fees and many front-running bots, even seemingly attractive annualized yields can be wiped out by slippage and front-running.
My simple approach: diversify, try small positions, calculate net profit (subtract gas and slippage), and withdraw if something feels off. Missed opportunities are fine—at least don’t fuel the hype.