Lately, I've been checking out the APY of yield aggregators, and the more I look, the more I feel this thing is like an automatic investment with a roulette wheel: the numbers look nice, but behind the scenes, you have no idea which contract your money is actually going into, whether the positions are being lent out to others, where the liquidation line is, or who can press the emergency pause button—without inspecting the contracts and fund flows. Especially now, when everyone is comparing RWA and U.S. Treasury yields to on-chain yield products, honestly, you're buying a package of "yield" or a combination of "counterparty + code." My habit is still to first see where the funds come from, where they go, and how long I can withdraw, before deciding whether to lose sleep over a few extra APY... Anyway, once the chart is pulled up, it's pretty obvious which chain is just self-indulgent.

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