Recently, I saw yield aggregator APYs written as sweet as bubble tea double the size, and I got the itch to click in, but I thought I’d take a few deep breaths first... Honestly, behind that number is how the contract is bypassed, who the money is really lent to, and who bears the risk if something goes wrong. Contract permissions, upgrade loopholes, and what counterparties are hidden in the routing steps can sometimes be more dangerous than “annualized percentage.”

Now, with Meme coins and celebrities shouting buy signals, when attention shifts, many people rush in to catch the last wave. Veteran players giving a few words of advice aren’t trying to dampen enthusiasm—they’re just worried you might get burned.
What I don’t regret is: every time I see an absurdly high APY, I first check the contract and fund flow, even if I end up not earning that “hot soup” in the end. Anyway, for someone impulsive like me, being able to hold back for a minute is already a win.