Recently, someone asked again why the APY on that yield aggregator is so high.

My first reaction wasn't excitement, but to check whose contracts it's manipulating, how many hands the money has passed through, and whether it’s turning you into the “last liquidity taker” in a lending pool.
Honestly, APY is just a surface number; behind it are contract permissions, oracles, liquidation mechanisms, and whether counterparties might suddenly pull out the ladder...
When I see “auto-compounding” or “one-click passive income,” I reflexively think of bridge failures and stablecoin de-pegs, the kind of feeling you wake up with in the middle of the night.
The economic collapse of blockchain games is similar—inflation + studio wash + coin price spiral—ultimately shifting the risk further back, onto some unlucky person.
Anyway, my habit is: first, screenshot and save important parameters, so if something goes wrong, I can at least compare what I believed at the time.
That’s it for now; surviving is more important.