After looking around a bunch of yield aggregators recently, I feel those APY numbers are starting to look more and more like performance art.


To put it simply, a lot of these pools’ underlying mechanics are just several layers of contract nesting: from A vault to B strategy to C lending—and in the end, what exactly gets redeemed? You don’t even know who the counterparty is. **For my part, once I lowered my expectations, I felt a lot more at ease**—if you don’t want to grind through the points-style system that’s so cutthroat, then just honestly check the on-chain real liquidity and contract audits, and don’t let the UI of the airdrop season get you carried away.
At least for someone like me who’s pretty detail-minded, being able to trace every step on-chain beats obsessing over percentages.
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