Recently, someone sent me a screenshot of a yield aggregator. The APY looks pretty attractive, but my first reaction isn't "go for it," but rather to check where the money is actually going: Is the contract layered one on top of another? Are the permissions still controlled by the team? If something goes wrong, who is the counterparty responsible... Honestly, that small tail of yield might come with a bunch of traps I can't understand. People outside are still explaining today's price movements using ETF capital flows and U.S. stock market risk appetite. I'll just watch and listen; anyway, I care more about whether the TVL is increasing due to real deposits. No need to jump into complicated stuff first; better to earn a little less and sleep well.

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