Last night I was looking at the AMM curve again, and the more I watch, the more I realize that market making is definitely not just a job where you lie back and collect fees... As soon as the price moves, your position is passively shifted to "the one losing out," and the term impermanent loss sounds gentle but is actually quite painful. Especially now, Layer 2s are constantly comparing TPS, fees, and subsidies; as the hype builds, many people jump back and forth, the pool’s depth gets drained repeatedly, slippage and volatility rise together, making market making more like standing guard at a windy intersection. Anyway, I’ll first clarify the path before taking action; I see simplicity as a trap.