Just saw someone ask whether an “earnings aggregator” APY that’s so high is actually trustworthy… In fact, if you break it down, it’s just contracts within contracts, with funds moving around among a few protocols. You watch the annualized number; they watch your principal. Once the counterparty has any issue—say the underlying protocol gets attacked, or the liquidation logic has a bug—that tiny bit of yield is nowhere near enough to plug the holes. Recently, there’s been quite a commotion about an upgrade on a certain chain. Everyone is speculating whether ecosystem projects might use the opportunity to run off. I’m not in a hurry to chase it—I’ll let the situation play out a bit first. I’ll check what the big on-chain players do tonight before deciding.