Recently, someone asked again whether yield aggregators are really worth it... Frankly, those APY numbers look pretty appealing, but behind the scenes, it's actually "giving your money to a bunch of contracts + several layers of counterparties" to run for you. If the strategy contract changes parameters, switches pools, or even if a certain underlying protocol has some issues, you might think you're just earning interest, but you're actually gambling on the system not breaking at a critical point.

Right now, I don't look at APR when evaluating aggregators; I first check two things: which pools is the money actually entering? Are there any loans that could be liquidated? Who has the permissions—multi-signature or a single key? To add a realistic note: with recent rumors of increased taxes and tighter compliance, I’m actually more concerned about whether deposits and withdrawals go smoothly, and whether the stablecoin channels might suddenly get stuck... If that happens, you might not get your yield, but at least the liquidity will be secured.

Anyway, I’d rather have a lower annualized rate than be startled awake by a push notification in the middle of the night. That’s all for now, I’m off to work.