Recently, I saw a bunch of yield aggregators claiming APY is almost free money, only to find out there are several layers behind it: first, you put your money into a pool, then borrow it / stake again / swap chains, adding more layers to the contract. My heart races just thinking about it... Honestly, the returns aren’t falling from the sky; it’s just risk shifting around. What annoys me most is the counterparty part—on the page it says “strategy automation,” but in reality, it’s just you trusting someone to handle your operations, where the keys are, and who takes the blame if something goes
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