I just reduced the positions of a few yield aggregators. It’s not that I don’t trust them—I took a closer look at the “rebalancing” logic in the contract layer and found that some APYs are actually hiding three or four counterparties behind the scenes; if one of them has a problem, the whole chain gets stuck. Honestly, the yield numbers look great, but the real hurdle is the liquidity pool’s depth and the liquidation threshold. Recently, news about a tax increase in a certain region came out, and expectations around inflows and outflows have tightened noticeably. I also don’t want to bet on that probability just to chase a few extra percentage points. Instead, I lowered my target, focused on the interest-rate curve and the collateral ratio, and ate into it slowly—and somehow I ended up holding on longer, with a steadier mindset.