Recently, I saw someone post about the APY of yield aggregators again. Frankly, my first reaction wasn't "so tempting," but rather to think: Is this yield really the contract helping you arbitrage, or is some counterparty giving you IOUs... The aggregator wraps the process very smoothly, but it also bundles the risk. When something goes wrong, you're not chasing the interest, but a series of contract call records.



And now, those on-chain data tools and tagging systems are also criticized for being laggy or misleading. Relying on them to "confirm safety" makes me feel even less secure. For me, the real signals are not the numbers on the screen, but: where the money comes from, who can repay if there's a problem, and whether you can withdraw it all in a single transaction. Anyway, I’d rather earn a little less than wake up to find myself a character in a contract story.
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