Recently, when looking at the APY of yield aggregators, it's like the reflections on the road after rain—bright and dazzling but full of pitfalls. To put it simply, they don't "grow money out of thin air"; behind them are layers of contracts helping you move bricks, reinvest, and re-stake. The longer the path, even if just one permission isn't properly closed, or the oracle malfunctions, or the underlying pool gets exploited, ultimately, it's people like you and me who click confirm who end up holding the bag. Not to mention some have counterparty risks—if the lending side in the strategy gets liquidated, the withdraw button becomes as unreliable as bad weather forecasts: it's not that you can't click it, but even if you do, the funds might not arrive immediately. Recently, with memes and celebrities shouting, attention shifts so quickly. Veteran players advise newcomers not to take the last step. I can only add this: don't just focus on APY; first, understand who is actually using your money. That's all for now.

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