People in the group are talking again about "throwing it into the pool and lying there collecting fees," and I really get goosebumps hearing it... The AMM curve, to put it simply, is: when the price moves, your position is automatically forced to switch to the "lesser-increasing" side. In the end, you watch the K-line rise happily, but your account can't grow, and you might even lose money. This is called impermanent loss, not some mysterious phenomenon.

Market making isn't impossible, but don't treat it as a savings account. When volatility is high and activity is intense, it's even more outrageous, especially now with social mining and fan token schemes—"attention equals mining." Attention comes quickly and leaves just as fast, and the people in the pool are often just mutual liquidity withdrawers. Anyway, I personally prefer earning a little less, with stop-loss discipline in place first, rather than waiting until I lose money to start talking about faith.