Recently, I've been browsing yield aggregators again, and the APYs on new pools are written as if they cost nothing... Frankly, my first reaction now isn't "how much can I earn," but rather "who is actually managing this money." On the surface, aggregators seem to help you automatically move assets, but behind the scenes, it's really a bunch of contract permissions + routing + counterparties. The factor that determines whether you can sleep peacefully is which link can change parameters, blacklist, or transfer funds away.

Especially with recent testnet incentives and points expectations causing a lot of noise, everyone is guessing whether the mainnet will issue tokens. I also get itchy to "reserve a spot early," but thinking about it, no matter how attractive the points are, they can't compare to a contract's upgrade permission. Anyway, I'm now used to tracking fund flows first. When I see that the source of returns is "relying on others taking over/adding new deposits," I smell trouble... Whether to step in or not is another matter, but at least don't pretend you don't know. Talk again next time.