My attitude towards yield aggregators is pretty simple right now: they’re usable, but don’t treat APY as a paycheck, at most consider it a “possible upper limit”… Frankly, what’s hidden behind isn’t magic, but contract stacking, plus an extra layer of counterparty. You think you’re just storing some coins, but in reality, you might be routed to lending pools, market making, or a certain strategy vault. Any small bug, unlocked permissions, or oracle glitches can make your yield disappear; losing your principal is the real pain.

Recently, social mining and fan token schemes that promote “attention as mining” also seem similar: it looks like easy gains, but behind the scenes, you’re handing over your attention/liquidity as collateral, in exchange for a series of points whose rules can be changed at any time. Anyway, I’m currently watching two things: where exactly the strategy is putting the money, and whether the admin can move your positions with one click… Don’t think I’m being overly strict; there are too many people in DAOs who get bypassed by proposal language.