I started recording what exactly each "looks really attractive" APY in the yield aggregator is relying on: whether it's layering another contract before staking, or throwing funds into a market-making/lending pool as the counterparty. In the past, I only looked at the dashboard numbers, and if I lost money, I could only blame my own recklessness; now I write it down, at least I know whether I'm betting on volatility or on the contract not having traps, or the operators not running away, which makes me feel more at ease.

Recently, the wave of AI Agents and automated trading has become even more obvious, with many projects shouting "automatic on-chain interaction," which basically means giving more permissions and longer paths... the returns aren't much, but the risks stack up as buffs. My main approach now is to stick to low risk, and only chase points and high volatility as side dishes—anyway, surviving first.