There are alot of DeFi project offering the exact something, maybe just lesser APY than theirs, but we have to be very careful there isn't any risk free investment in the crypto space, every investment here comes with a certain amount of risk, DeFi projects are prone to hacks and sometimes the owner rugpulls and make away with investors money, you have be careful when chasing high APY's on DeFi platforms, not all of them are well secured or have rugpull proof.