This morning, as soon as the alarm went off, I casually opened a yield aggregator, and the APY on the page was jumping around like an ECG. Basically, it just packages a bunch of contracts/routes into "seems very convenient." But the cost of convenience is: who exactly are you handing your money to, who can upgrade the contracts, and if something goes wrong, who takes the blame... These details are often folded into the corner, and every time I see "auto-compound," I first check permissions and the pause switch, otherwise I can't sleep peacefully. Recently, the NFT royalty debate has been heated, and it also seems similar: on the surface, it's "good for creators," but at the core, it's about who controls liquidity and rules. The product experience can be smooth, but don't let the risks become just as smooth.

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