In the evening, I flipped through a few yield-aggregator pages. The APY looks pretty enticing, but let’s be honest: that isn’t “product capability.” It’s more like stringing together a bunch of contracts, then adding a few promises from the counterparties. When you click to deposit, your money may end up going through several layers: authorization, swapping/exchange, re-staking, lending… If any step in the middle goes wrong, in the end it all counts as your problem. The page only says “annualized” and doesn’t really spell out clearly who I should trust in the first place.

While I was at it, I also thought about how L2 is arguing again about TPS, fees, and subsidies. Once ecosystem subsidies are added, the aggregators’ APY looks even better—but when the subsidies stop, it’s like the lights go out: the returns instantly change appearance. Anyway, my approach is pretty “old-school”: I only test with a small position—first check the contract permissions and where the funds flow. If I’m not sure, just treat it as something to watch. Don’t let a high APY erase your sense of boundaries.