I once tried throwing my pocket money into a yield aggregator, looking at the APY numbers that seemed pretty attractive, almost convinced myself to treat it as a snack... Later, I checked and found out that the so-called "aggregation" is actually just moving money around to feed different contracts, some even rely on third-party market makers/lending setups. If any pool has an issue, the responsibility chain is as tangled as a bowl of instant noodles. Not to mention the recent upgrades to the main public chain, where everyone in the group was speculating whether projects would migrate. I thought at the time: whether they migrate or not isn't important; just changing the contract address means I have to reassess the risk again. Anyway, now I’d rather accept a lower APY than not knowing where the money is actually sitting and who can move it. First, I write a plan and then hit confirm.

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