Friday, June 4, 2021

Yield aggregator risks

What are the main security concerns I should be aware of regarding yield aggregators like poly whale, polycat, etc? I know rug pull is a big one, is that when the native farm token just loses its value? What about the possibility that my staked funds could be stolen?

How much portfolio allocation towards these yield aggregators would be the upper limit you’re personally comfortable with? I’m really tempted by the 1000%+ APYs on a few stablecoin pairs, and I think they could be a good hedge in the event bitcoin goes back to 30,000.


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