These past couple of days, everyone has been watching the extreme fluctuations in funding rates, arguing whether to reverse or continue to squeeze the bubble. I, on the other hand, went to check the small amount of money I put into the yield aggregator... To be honest, no matter how good the APY looks, it doesn't fall from the sky. Behind it, either the contract is helping you do all kinds of "arbitrage," or you're silently taking on the counterparty's risk. The most frustrating part about contracts is that you have no idea what will happen next—upgrades, permissions, or the pools you depend on can be drained in an instant; the counterparty side is even more real—whether they blow up or get liquidated has nothing to do with the numbers on your yield table. Anyway, I now keep a small position, can withdraw at any time, and have the exit rules fixed. A lower return doesn't matter much; I just don't want to wake up one day to find myself fueling high APYs.

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