I came across a yield aggregator with a nice-looking APY of 8% and almost jumped in. Later I thought it through and checked the contract first. I found that the underlying setup is actually put together from several lending pools. One of the pools has only average liquidity, so if a run happens, liquidation would occur later in the order... The yield looks like 8%, but once you factor in counterparty risk, there might not be much left.



There have been more phishing links lately. And people like me who bounce between different L2s are actually even more cautious. Also, hardware wallets are out of stock. For now, I’ll leave it at that—wait until they’re back in stock.
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