Late at night, I was watching the market and feeling itchy to go into the pool to "earn fees while lying down," but as soon as I pulled up the AMM curve, I woke up: when the price deviates, you're passively selling high and buying low, and the small fees you earn sometimes aren't even enough to cover the impermanent loss... Honestly, market making is more like selling volatility; if volatility is high, don't pretend you're just picking up money. Recently, cross-chain bridges have been hacked again, and oracles have issued outrageous quotes. Everyone is just waiting for "confirmation," and I'm the same—shrinking the pool and positions a bit, finishing my late-night snack first, then deciding. Tomorrow, I'll probably change it again.

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