Recently, I saw someone say, "Just put your coins into the pool and you can sit back and collect fees"... I really want to laugh but also feel a bit scared, as a newcomer stepping into a trap. The curve of the AMM is basically just price movement; your position passively shifts back and forth. When prices rise sharply, you earn less, and when they fall hard, you end up trading more and more. This is impermanent loss. The name sounds gentle, but in reality, it hurts quite a bit. Not to mention, in the group, people are frequently discussing stablecoin regulation, reserve audits, and some are shouting "it's losing its peg," causing emotions to fluctuate even more. Market makers seem more like they're hanging clothes in the wind... I see complexity as an enemy: if I don't understand it, I put less in, and I don't treat fees as wages. Anyway, now I always ask myself before I add to a pool: if volatility kicks in, can I handle it or not?

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