Recently, I saw someone compare on-chain yields with RWA, even US Treasury yields, all in one table, talking as if it's "compliant, anonymous, and high-yield"... I get a bit suspicious listening to that. To put it plainly, ordinary users' expectations of privacy shouldn't be too romantic: on-chain is a public ledger, and what you can hide more are "identity" and "path," but once linked to fiat on-ramps and off-ramps, KYC, or even certain front-end services, the boundaries of compliance suddenly become very clear.

My current approach is still the old routine: authorize less when possible, try small amounts first, and if the yields are too smooth, I see it as a lure. I need to be reminded that I shouldn't take those gray-area shortcuts just to save on fees or get a little higher APY; if traced back later, the blame might not be easy to shift... That's all for now.