Currently there are many new Defi projects that provide extraordinary APY, we can get APY up to thousands of percent per year, this is a good opportunity to double money in a short time, this is what makes many staking projects that give thousands of percent easy success in the market.
even though it seems quite good but you also can't forget that the risk in the project is still very large especially the one that offers it is a new project like you said.
It doesn't matter if it's trustworthy, but as far as I know, what I've seen and experienced on average, new projects aren't really worth it for staking even though the profits are tremendous by offering thousands of percent APY every year.
Investment is still the main choice when compared to staking