Ugh, I just saw an aggregator APY that’s ridiculously high—annualized is already three digits. Honestly, my first reaction was that I wanted to jump in out of impulse, but then I figured I’d check the contract page first—wow, the rewardToken lock-up period is written like an endless scroll, and withdrawals still have to queue and wait for blocks. In other words, all the little tricks of the aggregator are in the contract: change a parameter for how rewards are redistributed, or the routing protocol gets squeezed so hard it has no room to breathe. No matter how good the APY looks, it can’t beat the counterparty moving faster. Lately, farming-for-airdrops crews have been swept up in a points system and are doing eight tasks a day; once the airdrop season is over, the “supposedly stable yield” protocols’ backdoors are probably even more blatant. Anyway, before I place an order, I’ll ask myself first: is this yield real on-chain, or is there a trap hidden in the contract? Then I go read the contract—if it doesn’t feel solid, I won’t touch it. I don’t know how others do it, but at least I haven’t lost money from impulsive buys. Anyway, having tea and watching other people fight is also pretty good.

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